National Section

Opening the Door for Private Flood

Technological advances are changing the game in almost every facet of our lives, and insurance is no different. When we think of technology and insurance, blockchain, self-driving cars and/or monitoring devices often take center stage, but perhaps with less fanfare, …

The Power of Trust and the Value of an E&O Audit

I have been completing E&O audits for almost 25 years now. My first experience was one of the oddest because my trainer had me watch him complete 1.5 audits. Halfway through the second audit, he turned it over to me …

No More Nuts at the Ballpark for Kids’ Sake

Kerry Adamowicz hoped that a meeting with Hartford Yard Goats officials might lead to a few peanut-free days or maybe a peanut-free section at the team’s Double-A baseball stadium, so her son and other children with food allergies could enjoy …

Highway Fatalities Level Off After Years of Increasing Rates: National Safety Council

For the first time since the Great Recession, the U.S. has experienced three straight years of at least 40,000 automobile-related deaths, according to estimates from the National Safety Council. In 2018, an estimated 40,000 people lost their lives to car …

People

National Ironshore Specialty Casualty has named Casey Hartley senior vice president and head of the Programs business unit in the U.S. She will oversee the development, marketing and distribution of programs lines, working with programs administrators across Ironshore’s underwriting platforms …

Declarations

Medical Cannabis “There is incredible medicinal value associated with cannabis.” — Kentucky Gov. Matt Bevin, on supporting the legalization of medical marijuana in the state. After losing a nephew to a hard battle with cancer, Bevin said he would sign …

Ins and Outs Of Contingent Business Interruption

The steady extension of supply chains over recent decades has exposed businesses to various risks resulting from temporary interruption. These types of interruptions to a supply chain can result in significant losses, even over the short term. While it’s natural …

Word of Mouth Matters When Customers Buy Their Insurance: Facebook

For young and old property and auto insurance customers alike, word of mouth shapes their coverage purchases, according to a new Facebook survey. Where that word of mouth comes from can differ, however. The survey found that 80 percent of …

The High Price of Cyber Attacks: Chubb

The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for small-and-medium-sized enterprises (SMEs), according to a report published by Chubb. This hefty cost of repairing the business and its reputation …

Business Moves

National Hanover Insurance Group, RSA Group The Hanover Insurance Group, Inc. has a new agreement with the multinational insurer RSA Group to join its global network as a U.S. strategic network partner. This relationship expands The Hanover’s international specialty capabilities …

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