If you write policies for small businesses, there are two big stories for 2015 that you should be tracking: the trajectory of the so-called “sharing economy” and the rise of cyber liability. In 2015, these two forces will have a …
Your building is on fire!” Terrible words to hear late at night — or anytime for that matter. Without warning, a portion of your invested capital can disappear in a matter of minutes. Both private and public companies require capital …
It appears that the insurance industry is having an easier time emerging from the financial crisis than entering the new regulatory environment, particularly as it relates to nonorganic growth. With increasingly healthy balance sheets, insurers face what may historically be …
The Affordable Care Act (ACA) has been the law of the land for less than a year and the buzz is far from beginning to quiet. The overall impact of the ACA on those citizens who did not have healthcare …
There has been an ongoing debate around the merits of physician dispensing in workers’ compensation. Those in favor of allowing this indicate it increases patient compliance with treatment recommendations and is more convenient for the patient. Those opposed point to …
Autonomous or “driverless” cars generate a lot of media buzz because of the public’s fascination with new technology and what vehicles may be like in the future. Yet, there’s a revolution underway that is changing vehicles right now that has …
Dr. Robert Hartwig, president of the Insurance Information Institute (III), is well known for his plentiful data on the insurance industry and chartist presentation style. His identification and aggregation of data is quite commendable. On several occasions, I have come …
Home renovations are in high gear these days, thanks to low interest rates on second mortgages and bank loans. But, the construction process itself is typically fraught with anxiety, given longer-than-expected timeframes to complete projects and frequent cost overruns. Many …
During my more than 20-year career in the insurance industry, I have spent hours working with my colleagues to prevent hard-earned, front-end revenues from leaking out the back door due to errors and omissions. When a claim is denied, we …
As we pass the halfway point of 2014, the National Council on Compensation Insurance (NCCI) is relatively optimistic about the outlook for the workers’ compensation market in America. Industry costs remain largely contained. There is a reasonable expectation of some …
