June 6, 2018
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 …
June 6, 2018
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 …
June 4, 2018
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, …
May 25, 2018
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. …
May 24, 2018
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 …
May 22, 2018
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, …
May 22, 2018
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 …
May 21, 2018
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 …
May 21, 2018
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 …
May 21, 2018
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, …