Monthly Archives: <span>May 2020</span>

It’s a Wrap For Entertainment, at Least for Now

The entertainment industry is prepping for its return to work after a near total shutdown from COVID-19. What the future holds for the entertainment industry and insurance brokers serving this sector remains unclear, experts say. John A. Hamby, senior managing …

What to Expect in Workers’ Compensation Costs From COVID-19: NCCI

If only 10% of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an analysis by the National Council …

Nationwide’s Left the Building. Insurer Makes Remote Work Permanent in 5 States.

Nationwide said it plans to permanently transition to a hybrid operating model that comprises primarily working-from-office in four main corporate campuses and working-from-home in most other locations. The company said it will exit most buildings outside of four main campuses …

My New Markets

Special Event Insurance Market Detail: K&K Insurance Group, Inc. (www.kandkinsurance.com) offers online quoting and binding capabilities for short-term special events. The website is simple to use and provides an option to purchase coverage immediately using a credit card. The website …

Your Template to Write an Awesome Insurance Job Advertisement

A job description is the most important step to launch your recruiting project because: It’s the advertising piece that generates excitement about your company. It’s the information you put on paid job boards. It’s what you use to screen qualified …

Legal Actions That Insurance Pros in the Cannabis Biz Should Pay Attention to

Lawsuits and legal concerns in the cannabis business are too numerous to count – just like with many other industries – but there are few that insurance professionals in the business should keep an eye on, according to cannabis legal …

People & Places

National Scott Kreuzer has been appointed as senior managing director, Americas, at Aspen Re, effective May 4, 2020. Kreuzer joins Aspen Re from Axis Reinsurance, where he has served as senior vice president and head of Casualty North America since …

Declarations

Michigan Auto Rates “Michigan drivers have been paying some of the highest auto insurance premiums in the country and this independent report shows the bipartisan legislation is beginning to work.” — Michigan Chamber of Commerce VP of Business Advocacy and …

Results: Cannabis Webinar Live Polls

Which will have the biggest impact on cannabis and insurance the rest of this year and into next? COVID-19 33.22% Vaporizer bans and related illnesses 13.36% Legalization 19.52% Legislation (SAFE Banking, CLAIM Act) 24.66% CBD products and the FDA 9.25% …

Enforceability of Cannabis Coverage Remains Hazy

While the number of states that have legalized marijuana for medical or recreational use continues to grow, the cultivation, sale, distribution and possession of marijuana remains illegal under the federal Controlled Substances Act (CSA). This dichotomy has caused uncertainty concerning …