Consider the scenario: A family of three suffers an accident and needs to replace several parts on their car. It’s an expensive ordeal. In our current system, drivers are forced to rely largely on replacement parts manufactured by auto companies, …
A.M. Best’s recently released 2015 “Mutuals at a Glance” report is an interesting report on differences between mutual and stock companies in key areas of performance. In its pages is a depiction of a mutual insurance industry that is strong, …
How risky is that driver with that car? What are the odds a house will flood while a house one street over will not? How do all these variables come into play when setting a rate? What price will allow …
In a risk-filled world, what are the worrisome problems keeping business leaders up at night? To get the answer to this question, The Graham Co. conducted a national survey of 300 senior business leaders to find out exactly what risks …
Stolen wages. Twelve-hour days, six days a week. Ethnic discrimination. Verbal abuse. Noxious fumes. Birth defects. Lax regulatory enforcement. Who would have thought that describes a day in the life of a nail technician? In May of this year, The …
During IICF’s 3rd Annual Women in Insurance Conference in New York, more than 650 insurance professionals gathered for insight and discussions regarding gender diversity in the industry. The themes and lessons shared throughout the conference focused on leadership topics as …
Whether you are the owner of a local agency or the CEO of a large public broker – it feels like there is less and less oxygen in the room. Organic sales growth is tough; merger & acquisition activity in …
A recent blog post asked a complicated question around the increasingly popular topic of insurance liability for accidents that involve autonomous vehicles (AVs — vehicles that can, as prototypes today, drive themselves on everyday streets and highways). The question is …
Producers, brokers and insurers are all targeted by cyber attackers looking for personal identifiable information (PII) that can be used to open fraudulent credit cards. To protect PII, in April the Cybersecurity (EX) Task Force of the National Association of …
It’s been interesting to watch the growth of employment practices liability insurance (EPLI) during more than 25 years of working in the specialty insurance industry. Twenty years ago EPLI was rare in the United States and, even a decade ago, …
