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

New Louisiana Law Creates Rules for Self-Driving Delivery Robots

Louisiana has created a framework for self-driving delivery devices to drop off packages on the state’s streets, under a bill backed by lawmakers and Gov. John Bel Edwards. The new personal delivery device law sponsored by Republican Sen. Rick Ward …

Child Sex Abuse Victims to Have More Time to File Suit in Louisiana

Gov. John Bel Edwards has signed legislation removing deadlines for Louisiana’s child sex abuse victims to pursue damages in civil court, delivering a victory to survivors of abuse at the hands of Catholic clergy. The new law, taking effect Aug. …

4 Texas Windstorm Insurance Bills Signed by Governor in 2021

In previous legislative years, Texas lawmakers have attempted to tackle the problems of funding for and management of Texas’ insurer of last resort for wind and hail for seacoast properties. This year, numerous pieces of legislation relating to the Texas …

Why Flood Should be a Covered Cause of Loss in Property Insurance

There’s something fun about contemplating flood insurance while the ground outside the office is so saturated that it’s like walking on sponges. No. We aren’t having a flood event and even if we were, there’s a good chance that most …

Top 5 Contractual Disability Obligations That Can Crush Ultra-Successful Clients

Whether your client is a corporation, small business owner, private equity firm or an ESOP (Employee Stock Ownership Plan), they are constantly making decisions that require navigating a minefield of contractual obligations that could topple them at any moment should …

The Future of Insurance Agency Work

There is no shortage of articles opining on the future of work after COVID-19, all seeming to believe that virtual work in one form or another is here to stay. I agree. But I also believe the issue is not …

The Cybercrime Challenge for Agents

Ransomware is all over the news of late — Colonial Pipeline, CNA and JBS plus hospitals, municipalities and many other businesses. If only reading the headlines, you might conclude that ransomware affects primarily either large or high-profile companies, so agents …

Demotech Inc. Reveals Leading Multi-State Property/Casualty Insurers

In order to continue the discussion regarding what constitutes a Super Regional P/C Insurer™ and to give definition to this important group of insurers, Demotech Inc. analyzed year-end 2020 data for property/casualty insurance companies. This data was utilized to classify …

Specialization Versus Fragmentation. A Coordinated, Cohesive Approach to the Specialty Market

Over the last decade, industry experts have touted the benefits of independent agencies building industry- and product-focused specialization amid an increasingly competitive specialty distribution landscape and complex risk environment. Studies have validated the correlation between specialization and agency growth — …

People & Places

National Global insurance brokerage HUB International continues to strengthen its cannabis insurance capabilities with the appointment of Bradley Rutt as U.S. Cannabis Specialty leader. Rutt will work alongside Jay Virdi, chief sales officer of Cannabis Specialty, in supporting the practice …