Monthly Archives: <span>July 2023</span>

Family of Ohio Black Man Killed by Police Allege Excessive Force

The eight police officers who shot Jayland Walker last summer used excessive force when they fired 94 bullets at him during a foot chase and participated in a “culture of violence and racism” within Akron’s police department, according to a …

Florida Agents Optimistic About the Market – and They Don’t Fear the A.I. Reaper

Just as some California insurance agents are expressing grave concerns about the future of that state’s insurance market, a number of Florida agents feel like they’ve turned something of a corner. “Things are getting better. They are,” said Gordon Gillespie, …

West Texas Dollar General Hit With $294K Penalty

A federal workplace safety inspection at another Dollar General store, this time in Lamesa, Texas, found exit routes and walkways blocked and merchandise unsafely stacked, conditions that exposed employees and others to fire hazards and struck-by injuries that have been …

Louisiana Homeowners Eligible for Roofing Retrofitting Grants

Louisiana homeowners will soon be able to apply for grants to retrofit their roofs to beyond-code construction standards, spurring discounts to their insurance premiums. State lawmakers appropriated $30 million to the Louisiana Fortify Homes Program (LFHP) in a budget bill …

The War for Service Talent

Customer service representatives and account managers are the heart of agencies. They retain valuable business year after year. They are the guardians and caretakers of the agency’s most valuable assets — its book of business. Service and support positions are …

Insurance Costs Rapidly Rising for Rental Properties: S&P

The recent upticks in the frequency and severity of weather events has affected insurance premiums for rental properties. According to S&P Global Ratings, insurance is an increasing percentage of total expenses for rental properties and the trend is expected to …

People & Places

National Global reinsurance broker Gallagher Re appointed Linda Johnson vice chairperson for its North American team. Johnson will be responsible for producing new business for large casualty and structured reinsurance solutions across North America, with a focus on New York …

U.S. Insurers Hit Hardest by Inflation: Triple-I Study

U.S. insurers have paid more than their counterparts worldwide to repair and rebuild damaged properties and vehicles due to inflation since 2018, according to an executive briefing conducted on behalf of the International Insurance Society (IIS). Inflation and Insurance Replacement …

The Continual Producer Dilemma

The shortage of good insurance producers is still a valid concern for the industry and the problem has only grown worse over time. Oak & Associates must get an average of one call a week with clients and new potential …

Business Moves

National Acrisure, TEn Insurance Services Ltd., Eleven Network Acrisure, a financial technology and insurance company headquartered in Grand Rapids, Michigan, has acquired the UK-based insurance broker network TEn Insurance Services Ltd. As part of the acquisition, TEn will go to …