Monthly Archives: <span>January 2021</span>

How to Deal with a New Set of Risk Priorities

Three risk management alerts arrive in a CEO’s inbox. Which one gets the most attention? Umbrella liability insurance renewal costs are expected to increase by 30% to 50%. Unfavorable workers’ compensation trends will materially impact earnings this quarter. A well-known …

Extreme Systemization and Stratification of Agency Operations

A few years ago, Catherine had a total knee replacement by an excellent orthopedic surgeon in Fremont, Calif. Dr. John Dearborn was recommended by two of our insurance clients that have had incredible success. This surgeon implemented “systematic processing” of …

Employment Practices Insurance in the Age of Covid

Overall trends for the past 30 years in the employment practices liability insurance market have been influenced by society and culture. As concerns over racial and disability discrimination, sexual harassment, gender inequality, wage-and-hour enforcement, and now COVID ebb and flow, …

Directors & Officers Risk Landscape Shaped by Insolvencies, COVID, Activism

While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead. Rising insolvency exposures, growing cybersecurity threats and persistent securities …

Declarations

App Shakeup “Los Angeles leads the nation in earthquake resilience and ShakeAlertLA showed how we can harness technology to provide critical warning before an earthquake hits.” — Los Angeles Mayor Eric Garcetti hailed the city’s earthquake alert app, which was …

Heavy Burden on Fleet Owners

The sharply rising cost of fleet insurance over the past several years has placed a heavy burden on fleet owners. Last year, the American Transportation Research Institute reported that insurance costs rose 12% from 2017 to 2018, the second fastest …

Can Insurance-Related Firms Compel Employees to Get COVID-19 Vaccination?

The long-awaited and highly anticipated COVID-19 vaccine is here. The first to arrive on the scene, from Pfizer-BioNTech, received emergency use authorization from the Food and Drug Administration several days ago. On the heels of that, Moderna’s version got the …

Business Moves

East World Insurance Associates, Danaher-Skewes & Associates, Fairways Insurance World Insurance Associates LLC has acquired Danaher-Skewes & Associates Inc. of Manassas, Va., on Nov. 1, 2020. Established in 1963, Danaher-Skewes is an independent insurance agency, serving residents and businesses in …

2021 Insurance Industry Meetings & Conventions Directory

Self-Leadership: Tips for Navigating the Quarantine Jan 8 Society of Insurance Trainers & Educators https://us02web.zoom.us/webinar/register/WN_P-BeAjpuRLeuTUiVu0-S1g [inline-ad-1] 2021 Gamma Iota Sigma Regional Conference Series Jan 22-29 VFairs virtual event platform Gamma Iota Sigma https://web.cvent.com/event/b65fb4dd-dd27-4efc-add3-034b2ba70f11/summary?RefId=GISRC2021 WSIA Surplus Lines Management Feb 1-4 WSIA …

Farms Were the Deadliest Workplaces in Montana Last Year

An annual report made public by the Montana Department of Labor and Industry has shown that 2019 was slightly more deadly than the previous year in workplaces, with farming the most dangerous industry. The Census of Fatal Occupational Injuries showed …