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

Insurance Awareness Day, Every Day

National Insurance Awareness Day was held on June 28 as a reminder for individuals, families and businesses to review their insurance policies and take steps to prevent being underinsured. But shouldn’t we all think about this topic every day, or …

My New Markets

Garages, Auto Services & Repair Market Detail: Arrowhead General Insurance Agency Inc. (www.arrowheadgrp.com) offers a commercial package, formerly offered by Universal Underwriters. Submit up to $125,000 total account premium (instant online quotes up to $50,000). Garages, mechanical/collision repair, transmissions, tires, …

Logic & Language and Forms & Facts. Coinsurance… Even WE Don’t Understand It

A book I’m considering writing, probably next year, is about how to make insurance more understandable, not only to policyholders, but also to the industry itself. For example, whether the use of a vehicle, from lawn mowers to watercraft and …

Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’

Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, an expert at insurer Sompo Holdings Inc said. “It’s like the Terminator: …

Housing Market Boosts Personal Lines Shopping But Auto Still Lags

Shopping for personal lines insurance is showing signs of returning to pre-pandemic levels in the U.S., according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting firm found in its Personal Lines Insurance Shopping Report …

Employers See Employee Mental Health as Major Concern

Employee mental health has become a serious issue in the workplace and employers are increasingly likely to recognize not only the costs but also how the stigma surrounding mental illness is an obstacle to treatment. A study from The Hartford …

Earthquake Activity Increasing in U.S. Oil Regions, Study Says

The number of noticeable earthquakes has been increasing year after year since 2017 in the key oil producing regions of the U.S., according to an analysis by an independent energy research firm. The analysis of seismic activity by Rystad Energy …

Declarations

No Guarantees “Can you guarantee the people who buy your house that that water is going to stay out of there? I don’t think you can.” — Matthew Jewell, chair of Louisiana’s Iberville Parish Council, addressing property developers at a …

Content Creators at Risk: How Evolving Copyright Law Is Opening New Doors for Litigation

There has been a substantial uptick in litigation involving copyright infringement in the music industry thanks a groundbreaking decision involving the 1977 hit “Got to Give It Up.” The dispute involved Marvin Gaye’s “Got to Give It Up” and the …

A Message from a Cybersecurity Expert

Here we go again, same evil, same demons: trojan horses, bots and botnets, spyware, worms, scams and phishing. Then there’s ransomware, a set of malware programs that hackers install on your network that blocks access to data or publicizes confidential …