December 21, 2020
This year has been unusually challenging, to say the least. We’ve been thrust into a virtual life of Zoom work meetings, virtual school, telemedicine and more. Many of us are tired of virtual life and uncertainty. We miss our colleagues …
December 21, 2020
While at least 17 states have passed laws or issued orders that expanded access to workers’ compensation benefits for employees who contract COVID-19, many of those directives are creating new exposure for only a sliver of the workforce, new research …
December 21, 2020
Hurricane Losses “So many people suffered losses during Hurricane Laura including our farmers and ranchers. With its devastating Category 4 winds reaching 150 mph, Laura maintained hurricane strength as she pummeled the state. … Any assistance is appreciated to help …
December 21, 2020
U.S. commercial lines insurers will continue to be tarnished by an A.M. Best negative outlook, thanks to COVID-19 economic uncertainty, social inflation and other challenges. A.M. Best first revised its outlook for the segment to negative from stable in April, …
December 21, 2020
National Truist Charlotte, N.C.-based Truist Insurance Holdings reported that it will complete five insurance acquisitions this quarter, adding more than $100 million of combined annual revenue to its wholesale division. The most recent of these transactions is the acquisition of …
December 21, 2020
July’s Ask the Insurance Recruiter column, “10 Ways to Impress Candidates During Interviews,” turned out to be my most popular article of the year. With only this edition to go, we’ll have to see if it holds the #1 spot! …
December 21, 2020
Are a plaintiff’s damages in a legal malpractice case limited to the amount they could have collected in a judgement in the underlying lawsuit that an attorney was found to have mishandled? The Louisiana Supreme Court said ‘no’ in a …
December 21, 2020
An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership. ACCC Insurance Co. was placed into receivership on Oct. 21 by Travis County District …
December 18, 2020
Workers’ compensation written premium in California for the first nine months of 2020 was 12% below that for the first nine months of 2019, according to a quarterly experience report released on Friday by the Workers’ Compensation Insurance Rating Bureau …
December 18, 2020
This post is part of a series sponsored by CoreLogic. In the blink of an eye, COVID-19 reshaped our world. As the critical functions of the real estate, lending, and insurance economies began to adapt to the new circumstances of …