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

Business Moves

East Alera Group, Georgetown Insurance Services Alera Group, a national employee benefits, property/casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc. The Georgetown Insurance team will continue serving clients in their current roles following the acquisition. …

My New Markets

Hard to Place Businesses Market Detail: Aspera (www.asperains.com) offers commercial general liability and products completed operations liability for difficult-to-insure businesses in over 200 eligible classes. Options can be tailored forr hard-to place-risks, including an array of small-to-medium sized recreation and …

Producer Recruiting and Retention Is the Same Issue for Agencies

Why? This is the entire question for agencies when it comes to producer recruiting. Well, maybe not. Here are the elongated versions of questions I field on this issue. Why is it so hard to find sales candidates? Why can’t …

Declarations

COVID-19 Lawsuit Protection “We’re trying to protect our businesses and let them open.” — Rep. Thomas Pressly of Shreveport, Louisiana, sponsor of one of four bills passed by the state’s legislature that give protections from most lawsuits for coronavirus deaths …

Court Lockdowns From COVID-19 May Turn the Social Inflation Tide

Defense attorney Ellen Greiper reported receiving more than the usual number of phone calls from plaintiffs attorneys last month, suggesting that the call dynamics could be signaling a COVID-driven change in social inflation trends. “I have had a flurry of …

How Construction Companies Can Make the Most of Technology Advancements

As one of the oldest industries, construction has been notoriously slow to adopt technological advancements and embrace the digital age. However, in the last decade, many innovative technologies have gained traction in the construction industry. TechCrunch reports that between 2017 …

The Debate Between Business Owners, Insurers Over Business Interruption Claims Continues

As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities following the death of George …

It Takes a Crisis to Make You Change Your Game

Jon got the mail as he pulled up into the drive. There was a thick envelope from the credit card company. Jon opened it, and the balance was much bigger than he’d expected. Jon and his wife had a bad …

Environmental Groups Warn South Carolina Development Project Will Worsen Flood Risk

Conservation groups in South Carolina are challenging a 3,000-acre (12,100-hectare) development project in Charleston over concerns that a loss of wetlands could worsen flooding in an already flood-prone area. The Sierra Club and the South Carolina Wildlife Federation argue that …

Joyce Joins W.E. Love & Associates of North Carolina

W.E. Love & Associates (WEL), an XPT Group company, has hired Christopher Joyce, who joins as underwriter. Joyce will continue his career as a specialist in the transportation niche, as WEL continues to expand its transportation group. Over the past …