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

AI Ethics Scholar’s Exit Adds to Google’s Employment Practices Woes

Prominent artificial intelligence scholar Timnit Gebru helped improve Google’s public image as a company that elevates Black computer scientists and questions harmful uses of AI technology. But internally, Gebru, a leader in the field of AI ethics, was not shy …

30 Major League Baseball Teams Sue insurers Over Lost Revenue Due to Coronavirus

Major League Baseball and all 30 of its teams are suing their insurance providers, citing billions of dollars in losses during the 2020 season played almost entirely without fans due to the coronavirus pandemic. The suit, filed in October in …

SIU Adds Mote to Commercial Garage Underwriting Team in Georgia

Southern Insurance Underwriters, Inc. (SIU) has added Robin Mote to the Commercial Garage Underwriting team. Mote comes to SIU with more than 30 years of experience in the insurance industry, with the last 14 of those years being in Commercial …

CPP Group UK and Partners& Offer Cyber Risk Assessment Tool

CPP Group UK and Partners& are now offering access to a risk management tool to help brokers and their customers identify and mitigate cyber vulnerabilities. The risk management tool KYND instantly identifies an organization’s cyber vulnerabilities and provides cyber risk …

Nonprofits Insurance Alliance Launches Communicable Disease Coverage

Nonprofits Insurance Alliance (NIA), a property and casualty (P&C) carrier exclusively serving 501(c)(3) organizations, has launched a new coverage to protect nonprofits from liability arising from communicable diseases. Beginning January 2021, NIA members can purchase NONPROFITS OWN Communicable Disease Liability …

3 Steps to Building an Agency Growth Machine

How much did your agency grow last year? How about over the last five years? If your answer is anything less than 10%, then this article is for you. In it, I want to share with you three keys to …

Professional Liability Underwriters Feeling Pressure From COVID: AM Best

The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report. With its Best’s Special Report, “Professional Liability …

Declarations

COVID Strike “We want them to advise our employees, give them proper instruction on how to handle this COVID virus. We don’t want this stuff going into restaurants and other facilities. We know that North Dakota is a hot spot …

Logic & Language and Forms & Facts: ‘Thy Toilet Runneth Over’

Anyone who has read my “When Words Collide” book or my blog or attended any of my seminars and webinars knows that I am the country’s foremost advocate of the “RTFP! Doctrine.” Answering coverage questions begins with reading the policy. …

Rising Lawsuits Over Lack of Diversity Pushing Insurers to Look Closer at Recruiting, Succession Practices

U.S. insurers are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits over a lack of diversity among top executives and directors, industry sources said. Insurers are meeting company officials to examine …