Articles by Don Jergler

Hawaii Insurance Agent Busy Sorting out Coverage Mess from Lava Flows

It could be an understatement to say Amber Lopez, principal at Pacific Island Insurance LLC in Hawaii, has been busy over the past month as the island state’s erupting Kilauea sends lava flows throughout neighborhoods. Lava has burned down some …

Lloyd’s Index Shows $92B at Risk in North American Cities Each Year

Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s released today shows. Lloyd’s newly issued City Risk Index, which produces estimates of how …

California Workers’ Comp Directors and Officers Cleanup Law Takes Effect July 1

A new law that enables corporate directors and officers owning at least 10 percent of a business to opt out of workers’ compensation coverage goes into effect on July 1. The law is intended to reduce the threshold of ownership, …

3 Things Insurance Professionals Should Know in Honor of Wine Day

National Wine Day is a thing. And it’s today. Oenophiles probably know that May 25 is Wine Day, but the annual celebration of fermented grapes might be news to those who only like, but don’t necessarily love, all things wine. …

Professor Says Window to Prevent Dangerous Impacts from Climate Change Closing Fast

Costs from climate change-driven extreme weather events are on the rise, and the amount of time left to stop those impacts before they get progressively worse is rapidly closing, according to a Columbia University professor speaking on Tuesday during a …

California Workers’ Comp Directors and Officers Cleanup Law Takes Effect July 1

A new law that enables corporate directors and officers owning at least 10 percent of a business to opt out of workers’ compensation coverage goes into effect on July 1. The law is intended to reduce the threshold of ownership, …

Why Insurance Industry Should Embrace, Not Fear, Artificial Intelligence

Artificial intelligence isn’t the cold, job killing disruptor many fear it to be – at least it won’t be for many years to come, says Jeff Somers, president of Insureon. Insureon, a bit of a disruptor itself, is a national …

Washington Orders Microsoft to Stop Using Captive Insurer

Washington’s insurance commissioner issued a cease and desist order against Microsoft Corp. to stop using its Arizona-domiciled captive, Cypress Insurance Co. Insurance Commissioner Mike Kreidler’s cease and desist order is for without holding a certificate of authority, placing unauthorized insurance …

California Commissioner Ran a Climate Change ‘Stress Test’ on Insurers

California Insurance Commissioner Dave Jones has run a “stress test” on the state’s largest insurers. Jones said during a press conference in May that he is the first U.S. financial regulator to conduct a climate-related financial risk stress test and …

Agent’s California Senate Bid Driven by Need for Better Representation

Tom Pratt, an insurance agent who specializes in procuring fine art coverage in a rural Northern California community, has worked in the insurance industry for more than 20 years. By day he is an insurance agent. In his spare time, …