National Section

Special Report: The Industry Industry Gives Back

Safety National Safety National proudly supports Variety the Children’s Charity of St. Louis, an organization that has been helping children with physical and developmental disabilities for more than 80 years. In 2018, Safety National donated more than $10,000 to support …

Report Identifies P/C Insurance Companies with Best Reputations

USAA Insurance has the highest and best overall reputation among insurers, according to a new report from the Reputation Institute. The insurer landed in the top spot based on criteria including strong reputation, relevancy, expressiveness (brand strength, informativeness, relevancy), products …

New Markets

Adult Foster Home Market Detail: Personal Care & Assisted Living Insurance Center LLC (www.PCALIC.com) offers insurance for adult foster homes or home-based care homes. Available limits: As needed Carrier: Unable to disclose States: All states except Ark., Ks., La., Minn., …

How States Differ in Responding to Coverages and Their Application

I have done a tremendous amount of errors and omissions (E&O) work over the years, including serving as approved and accredited auditor for two major E&O carriers, a certified E&O instructor, an author of an E&O book and more. Through …

The Allure and Challenges of Online Insurance Distribution

Insurance presents some big barriers to entry especially for newcomers who often lack the experience and knowledge in areas such as regulation, risk and distribution. Meanwhile, the industry’s legislative and regulatory environments are becoming more complex. Many will point to …

Insurance Brokers Sharing in the Sharing Economy

As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million consumers and $57.6 billion in spending …

What Agents Should Know About Cryptocurrency

Cryptocurrency and blockchain entities may seem like a hot market for insurance agents looking to specialize, but right now there are not many insurers willing to write it. Before jumping in, agents would be wise to consider partnering with a …

Declarations

Critical Operating Cost “Workers’ compensation insurance is a critical operating cost for business owners and the 13.8 percent rate decrease approval will allow employers to better support Florida’s families, visitors and labor force.” — Insurance Commissioner David Altmaier said a …

The Insurance Recruiter: Q&A

Q:I’m keenly aware of the talent shortage in our area. As vice president of benefit operations, our agency not only wants to hire more account managers but is battling against the constant solicitation of those employees by our competitors. An …

Business Moves

Hilb Group, Burns & Eustice Insurance Agency Hilb Group LLC has acquired Michigan-based Burns & Eustice Insurance Agency. B&E has been offering property/casualty insurance products and services to businesses and individuals throughout northern Michigan since 1931. Led by Managing Director …

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