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

Lloyd’s Issues Action Plan to End Sexual Harassment in Workplace Amid Recent Reports

In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market still haven’t gotten the message about appropriate …

Another View

Bunker, a startup broker focused on independent contractors and small businesses, sees gig workers and their workers’ compensation insurance needs as a lucrative proposition. “Bunker has worked with leading on-demand/gig platforms, along with insurers, to develop usage-based policies that include …

People

National Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs administrators across Ironshore’s underwriting platforms in the U.S. Hartley was …

Some Data Indicates Increasing Accident Rates in Marijuana States

Preliminary research indicates that the legalization of recreational marijuana in 10 states has increased accident rates, the Insurance Information Institute said. The group cited an October 2018 study by the Highway Loss Data Institute that shows collision claim frequency was …

Assaults on Woman a Common Cause of Workplace Injuries

Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National Safety Council. The number of women who incurred assault-related injuries at …

Declarations

‘About Damn Time’ “Today’s action to finally allow smokable medical marijuana brings four words to the lips of people across our state: It’s about damn time. It’s long past due that the state of Florida honored the will of the …

Agencies Looking for New Talent Have Their Work Cut Out for Them

Newsflash to insurance agency owners seeking to onboard new employees: Expect to have to pay more, offer more and train more. Those trying to hire probably know that already. “What we’re seeing in particular in Texas, and I imagine in …

New Markets

Logistics Operations Market Detail: AmWINS Group, Inc.’s (www.amwins.com) AmWINS Specialty Logistics Underwriters (ASLU) is a specialist in the nuances of logistics insurance offering creative products to protect a client’s assets and avoid costly chain disruptions that can occur when shipping …

New Flood Insurance Rule from Bank Regulators a Win for Consumers, Agents and Brokers

If Implemented Wisely, Flood-Exposed Properties Could Benefit from Expanded Market While lawmakers continue their struggle to agree on the long-term reauthorization of the financially burdensome National Flood Insurance Program, federal lending regulators have concluded their own six-year struggle to issue …

Insurers Cautious About Marijuana Insurance Market

The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report, “Cannabis: New Opportunities for Insurers, …