Articles by Stephanie K. Jones

North Dakota Lawmaker Questions Reserves in Workers’ Comp Opt-Out Plans

A state representative from North Dakota, who serves on the Workers’ Compensation Insurance Committee at the National Conference of Insurance Legislators (NCOIL), says he’s concerned about reserves for paying claims in workers’ compensation opt-out plans. During a July 2016 meeting …

Business-Backed Group Pushes for Workers’ Comp Opt-Out in Illinois

An Illinois think tank has issued a report expressing support for a workers’ compensation opt-out system, stating that it would give employers the ability to lower costs and allow for a more flexible workforce. In its report, “Fixing Illinois’ Outdated …

Professional Liability ‘Business Enterprise Exclusion’ Upheld in Wisconsin

The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to a policy exclusion. …

License Revoked by 2 States but Northern Illinois Agency Stays Open

By taking advantage of legal appeals processes, an Illinois managing general agency has been able to continue operations for more than a year despite having its license revoked or non-renewed by two separate state insurance departments. Northern Illinois Insurance Agency, …

SLSOT Using Data to Better Communicate with Surplus Line Market Stakeholders

Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which standard insurance markets have little appetite. That was …

Wisconsin Supreme Court Upholds Professional Liability ‘Business Enterprise Exclusion’

The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to a policy exclusion. …

Texas Attorney: Information-Heavy Healthcare a Huge Target for Cyber Crime

Healthcare organizations contain a wealth of personal information, making them them the number one target for cyber breaches, according to a Houston-based attorney who specializes in healthcare privacy. Lynn Sessions, a partner in BakerHostetler’s Houston office, has been working with …

SLSOT’s Essary Intent on Using Data to Better Communicate with Stakeholders

Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which standard insurance markets have little appetite. That was …

Oklahoma High Court: Workers’ Comp Icy Sidewalk ‘Slip and Fall’ Claim Compensable

The Oklahoma Supreme Court reversed the decision of an Oklahoma Workers’ Compensation Commission administrative law judge and ruled that a workers’ comp claim for a slip and fall on an icy sidewalk next to an employer’s parking lot is compensable. …

Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk

Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm, Kohlberg & Co. With capital and two board members from Kohlberg, U.S. Risk plans to expand by …