Like other industries today, the property/casualty insurance industry is facing a highly competitive job market as it strives to fill positions needed to grow. The unemployment rate for the insurance industry is 1.7 percent, which continues the trend of virtually …
Two recent studies underscored the significance of misdiagnosis as a source of medical malpractice claims. Coverys, a malpractice carrier based in Boston, reported that a review of 1,800 closed claims against physicians from 2013 to 2017 showed 46 percent were …
The rise of an on-demand economy once threatened to put workers’ compensation insurers in the hot seat, in large part because the question of how the sector could, or should, cover these individuals remained uncertain. Today, insurers aren’t exactly rushing …
Artificial Intelligence and Private Equity Investments Will Play an Increasing Role Plaintiff attorneys, at least the smart ones, must make sales decisions, too. Whereas a smart producer will create a pipeline that filters prospects by probability of a sale, plaintiff …
Georgia’s timber industry is facing many headwinds as it seeks to recover from the severe damage wrought by Hurricane Michael late last year. The storm erased three-quarters of a billion dollars in timber, The Columbus Ledger-Enquirer reported. Aside from Hurricane …
More than $40.5 million was recovered for Florida insurance consumers in 2018, including $17.4 million recovered for Hurricane Michael victims, by the state’s Insurance Consumer Helpline, according to a statement from Florida CFO Jimmy Patronis. Patronis said the Florida Department …
The names of two hurricanes that caused widespread devastation from Florida to Virginia last year have been retired. The National Oceanic and Atmospheric Administration says Florence and Michael will be replaced with Francine and Milton. The new names will first …
Service was at the heart of Timothy J. Noonan’s main message. The Lockton Cos. president and CEO was talking about the service insurance professionals give to their clients and about the service the industry gives to communities. “Lockton associates are …
