Articles by Stephanie K. Jones

TDI Modernization Efforts Paying Off During Pandemic, Commissioner Says

The employees of the state agency in charge of regulating the insurance industry in Texas might not put it this way, but in a sense, operationally at least, they have been preparing for the current health crisis brought on by …

Turning 50, Invest High School Program Eyes Apprenticeships for Independent Agencies

A new apprenticeship program aimed at attracting and developing talent in the independent agency system is being rolled out by an insurance education organization that celebrates its 50th anniversary this year. Invest, the insurance education program affiliated with the Independent …

Quoting Requests to Agencies Down 30% Since Coronavirus Shutdowns

While consumers may have more time to consider their insurance needs during this period of stay-at-home orders and non-essential business shutdowns brought on by the nationwide COVID-19 pandemic, they aren’t necessarily contacting their insurance agents with requests for quotes. Insurance …

Wisconsin’s Society Insurance Hit with Lawsuits Over Coronavirus Claim Denials

Two lawsuits have been filed in federal court in Illinois by a group of businesses that were forced to close their operations by government authorities as a result of the COVID-19 pandemic over the denial of business interruption claims by …

Quote Requests to Insurance Agencies Down 30% Since Coronavirus Shutdowns

While consumers may have more time to consider their insurance needs during this period of stay at home orders and non-essential business shutdowns brought on by the nationwide COVID-19 pandemic, they aren’t necessarily contacting their insurance agents with requests for …

Going Home. How One Oklahoma Agency Leader Prepared His Firm for Remote Work.

In early March, well before stay at home orders were enacted in states and communities across the country, Tony Caldwell recognized that COVID-19, the disease created by the new coronavirus, was going to have a huge impact on life in …

Ohio Bill Would Expand Business Interruption Coverage During COVID-19 Emergency

Two Democratic state representatives in Ohio have filed a bill in the General Assembly that would require insurers that provide business interruption insurance to cover losses that arise from viruses and pandemics, regardless of whether their policies contain exclusions for …

Turning 50, Invest High School Program Eyes Apprenticeships for Independent Agencies

A new apprenticeship program aimed at attracting and developing talent in the independent agency system is being rolled out by an insurance education organization that celebrates its 50th anniversary this year. Invest, the insurance education program affiliated with the Independent …

Louisiana Governor Backing Bills Prohibiting Discrimination in Insurance Rate Setting

There’s no doubt that auto insurance will be a dominant theme during this year’s legislative session in Louisiana. So far most of the buzz has been aimed at tort reform as a method of bringing down the cost of auto …

TWIA Sets Funding for Catastrophe Year 2020 at $2.4B

The wind and hail insurance carrier of last resort for counties along the Texas coast has determined that its 1-in-100 probable maximum loss (1:100 PML) for the 2020 catastrophe year is $4.2 billion. At a quarterly meeting in Austin on …