Monthly Archives: <span>March 2019</span>

How to Serve Today’s Nonprofit Insurance Market

Nonprofits are a lot like most insurance clients. They seek trusted and consultative relationships with their agents, brokers and carriers. They seek partners that understand their mission. But they also seek agents who understand in what ways their needs differ …

Australia Floods Cost Insurers US$635M in February: Aon’s Catastrophe Recap

Australia’s Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635 million) with total economic losses of at least A$1.7 billion (US$1.2 billion). according to Impact Forecasting, Aon’s catastrophe model development …

IIAV Names Bragg as Director of Membership & Marketing

After more than 25 years in the insurance industry, Donald Bragg has joined the Independent Insurance Agents of Virginia as the director of Membership & Marketing. Bragg comes to IIAV with experience in both personal lines and commercial lines insurance …

Liberty Mutual Names Ferguson as Wholesale Distribution Executive East

Liberty Mutual has named Jessica Ferguson as wholesale distribution executive in the East region within its Global Risk Solutions unit. She will join the leadership team led by Ben Johnson, wholesale distribution executive for North America, who is responsible for …

New Hampshire High Court Rules Board Wrong to Deny Workers’ Comp for Medical Pot

The New Hampshire Supreme Court has ruled that a labor appeals board was wrong to determine that workers’ compensation insurance can’t reimburse an employee for the cost of medical marijuana. The court found that under the state’s medical marijuana law, …

Appeals Court Upholds Convictions in Connecticut Car Accident Scam

A federal appeals court has upheld fraud convictions against two men for their roles in a Connecticut auto insurance scam that involved as many as 50 staged car crashes. A three-judge panel of the 2nd U.S. Circuit Court of Appeals …

Technology Helping Adjusters More Quickly Identify Legitimate Claims

The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Corey Chernett, chief executive officer …

UK Businesses Confused About No-Deal Brexit Import Tariffs as Deadline Looms

Confusion around which goods will be subjected to U.K. import tariffs in a no-deal Brexit is exasperating companies as they seek to finalize preparations for the split. The government will reveal details of the plan only if Prime Minister Theresa …

Alliant Subsidiary, Tribal First, Acquires Canada’s AFN Insurance Brokers

Tribal First, a division of Alliant Underwriting Solutions, has acquired Ottawa, Canada-based AFN Insurance Brokerage. Financial details of the transaction were not disclosed. The acquisition pairs AFN Insurance Brokerage, which is Canada’s First Nations’ insurance leader, with Tribal First, the …

Improved Tornado Forecasting Doesn’t Prevent All Deaths

Sometimes in forecasting tornadoes, you can get everything technically right, and yet it all goes horribly wrong. Three days before the killer Alabama tornado struck, government severe-storm meteorologists cautioned that conditions could be ripe for twisters in the Southeast on …