Hours of Service, Other Safety Exemptions for Livestock Haulers Raise Concerns Midwest Center for Investigative Reporting It was sometime around 4 a.m. on a cool, spring morning when James McGilvray lost control of his semi, careening into a ravine off …
Ely Kaplansky, President, Kaplansky Agency, MA Increased market share. Rate increases. Continued profitable growth. Crag Shink, Managing Partner, C.H. Shink & Associates, NY A harder market in some segments. Increasing premiums 10-20% this year. An increase of 10-15% over 2018. …
A Regulatory Sandbox is the title given to the concept that regular regulations should not apply to insurtech companies. The reasoning is that technology can provide a better consumer experience than traditional carriers and distributors, particularly if the insurtech company …
Nonprofits are growing, which is good news for agents and brokers specializing in this diverse niche market. Data released by the U.S. Department of Labor’s Bureau of Labor Statistics in August 2018 shows that the job growth rate of the …
Insurance Journal conducted a targeted survey of 200 insurance agents and other professionals to get their views on what to expect in 2019. Respondents were asked to rank areas of concern, project the economic climate and estimate how various lines …
Phillip Hawley, president of Hawley & Associates in Bellevue, Wash., understands the power of referrals in the nonprofit insurance world. His entire agency’s book of business took root with nonprofit referrals – one right after the other. Hawley began his …
For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the past 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers, forcing them …
Private Primary Commercial Flood Market Detail: Insurmark, a division of Financial & Professional Risk Solutions, Inc., (www.insurmark.com) offers private flood insurance for commercial properties. Coverage is lender compliant/NFIP guarantee endorsement. Multiple locations can be covered on one policy and occurrence …
Signs of Rate Hike Fatigue Ahead Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report. The market improvement was driven by the three …
While Understanding Why Some Claims Are Denied In the first column of this series, I provided an overview of what it takes to successfully resolve coverage and claims disputes without litigation. In the coming months, we will be examining each …
