Articles by Allen Laman

Higginbotham ‘Walks the Walk’

Rusty Reid joined Higginbotham as the independent insurance agency’s twelfth employee in 1986. Today, about 2,800 of the company’s employees serve thousands of customers at more than 100 offices across 16 states. Those same employees recently propelled the Fort Worth-based …

Report: More Founders Talking Cyber Protection With Stakeholders

Compared to last year, more than twice as many startup founders reported talking to their investors and boards about cyber protection often or always, according to a new Embroker cyber risk index. That number reached 83% in 2023, a 42% …

S&P: Struggles in Personal Auto Insurance to Subside Slower Than Expected

S&P Global Market Intelligence projects that personal auto results will improve from 2022’s worst-in-decades combined ratio of 112.2%, though not as rapidly as the organization’s experts previously expected. Continued pressure on claim severity across coverages has prolonged post-pandemic recovery for …

Levitt-Fuirst: ‘Good People Doing the Right Thing’

One employee said they felt heard by leadership. Another praised their knowledgeable coworkers for treating them with respect. A third, a longtime insurance industry veteran, said the positive work experience they’ve had at Levitt-Fuirst Insurance & Bonding has “reinvigorated my …

Summit: Insuring Cannabis Specialists Talk Trends, Risks and Coverage Challenges

Unique vapes, infused cocktails and even personal hygiene items — the variety of new and emerging cannabis products is a clear sign the industry is maturing and innovating. And more importantly for insurance professionals specializing in the cannabis space, insurance …

Middle-Market Companies Report Performance Improvements

New data from Chubb and the National Center for the Middle Market shows nearly 75% of middle-market companies report an improvement in overall performance compared to last year — a record high statistic shared in the insurer’s biannual Middle Market …

Summit: Cannabis Data A Key to Growing, Retaining Client Base

Data and technology are becoming more important to the cannabis market as it matures, and insurance professionals specializing in the segment would benefit from keeping that at top of mind. A group of experts gathered during Insurance Journal’s Insuring Cannabis …

Hotel, Motel Markets ‘Dropping Like Flies’ As Outlook Remains Challenging

The hospitality industry has entered a new chapter. For those who weathered the recent near collapse of the sector, the American Hotel & Lodging Association entered 2023 with optimism that hotel room demand would surpass pre-pandemic levels and occupancy rates …

NCG: Caring for Employees and Clients Alike

The National Church Group Insurance Agency’s mission is to protect its clients’ missions. For nearly four decades, the Leesburg, Viginia-based organization has secured commercial property and casualty insurance for churches, nonprofits, camps and schools. Greg Wigfield, the agency’s president and …

Catastrophe Experts Discuss Maui’s Long Road to Recovery

While wildfire search and rescue efforts continued in Maui, a group of CoreLogic experts gathered online last week to discuss the island’s road to recovery through an insurance lens. Panelists analyzed the disaster’s uncertain billion-dollar price tag as well as …