While it obviously presented challenges, 2020 is looking like it may not have been such a bad year for workers’ compensation insurers and insureds after all. Insurers took in less premium but paid fewer claims. They managed to achieve one …
The insurance industry is so intertwined with the economy and society. Any noticeable change in either will have impacts on the insurance industry. There is nothing like what has occurred with COVID-19, and there is no exact end in sight. …
Here are the top two statements insurance agencies said to me in 2020: “We need to find top talent.” “I want to talk with you about Diversity & Inclusion in our hiring process.” The events of last year spurred many …
According to a March 2020 article by the Agricultural Marketing Resource Center, agritourism operations in the U.S. generated more than $700 million in sales in 2012. People are taking their family farms and (alongside farming) making them destinations for people …
Hiring managers have had to transform many of their standard activities and procedures to accommodate today’s primarily virtual environment. From adapting interview processes to be effective and efficient over Zoom calls to confidently making a final offer to someone they’ve …
Agents are bracing for errors and omissions (E&O) claims stemming from the pandemic when insureds discover they carry inadequate coverage or none at all. Regrettably, agents likely face a similar scenario in cyber coverage unless they take steps to prevent …
Florida’s top insurance regulator has a busy year ahead, and it won’t just include overseeing his own state’s insurance market, one of the most dynamic and complicated insurance markets in the world. Rather, for the next year, Insurance Commissioner David …
Voters’ Will “We’re hopeful this will send a strong signal to special interests to stop trying to undermine the will of voters.” — Jim Pyatt, a Modesto retiree who drives for Uber, hailed a California Supreme Court ruling rejecting a …
Working for an independent insurance agency can be challenging, and the job is even tougher if an insurer does not share your commitment to customer satisfaction. In my position as a territory manager for an insurer, I partner with independent …
National Applied Underwriters, Centauri Insurance Applied Underwriters has completed its acquisition of Centauri Specialty Insurance Co. and Centauri National Insurance Co., based in Sarasota, Florida. Florida, Louisiana and Texas regulators have approved the transaction. The Centauri companies sell home and …
