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

Highway Fatalities Level Off After Years of Increasing Rates: National Safety Council

For the first time since the Great Recession, the U.S. has experienced three straight years of at least 40,000 automobile-related deaths, according to estimates from the National Safety Council. In 2018, an estimated 40,000 people lost their lives to car …

The Power of Trust and the Value of an E&O Audit

I have been completing E&O audits for almost 25 years now. My first experience was one of the oddest because my trainer had me watch him complete 1.5 audits. Halfway through the second audit, he turned it over to me …

College Basketball Star’s Busted Shoe Episode Raises Loss of Value Insurance Question

Soon after Duke University star freshman Zion Williamson’s shoe ripped apart, Nike’s stock price took a hit. The freak injury during one of the college basketball season’s marquee games immediately sparked debates about everything from the shoe manufacturer to insurance …

Hidden Truth About Stolen Snowmobiles

During the period Jan. 1, 2015, through Dec. 31, 2017, 1,592 snowmobiles were reported stolen — 506 in 2015, 549 in 2016 and 537 in 2017. That’s according to a report by the National Insurance Crime Bureau (NICB). Law enforcement …

Small Business Owners Don’t Trust Commercial Insurance Buying Process: Accenture

Small commercial insurers aren’t giving their client base what they want — a simple and easy purchase experience. Whether online or through an agent, business owners are left confused, frustrated and having to seek extra advice before they can find …

Two Ways to Deal With Claim Disputes

So, your customer has had a claim that has been denied, but you believe it’s covered. What to do? Well, if you have a time machine handy, the best thing would be to return to the time before policy inception …

New Markets

Apartments Market Detail: Pacific Excess Insurance Marketing (www.pacificexcess.com) is a wholesaler/general agent with access to many standard, surplus lines and workers’ compensation markets. It offers higher commissions, fast quotes, and no premium volume requirements. Markets available for unique risks. Available …

The Future of Driver’s Licenses?

More States Supplementing Digital with Plastic Millions of people may be able to show their smartphones rather than a plastic card to prove they’re legit to drive, vote or buy a beer in coming years. Louisiana in July became the …

What Main Street Wants from Insurance And Why

Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance. Each owns a business at the downtown pedestrian mall in Charlottesville, Va. They’re all in their early 30s …

How to Prevent Spread of Infectious Diseases in the Workplace

It may be obvious when people get injured at work, but it may not always be apparent when people acquire infections resulting from exposures at work. The National Institute for Occupational Safety and Health (NIOSH) reviewed infectious disease investigations in …