Workers’ compensation insurers are managing their premiums dollars better than they have in years, but those premium dollars are stagnating even as employment and wages are rising. In 2017, for the fourth consecutive year they posted an underwriting gain — …
The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier. More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and “nuclear” verdicts are all adding to troubling …
The Keane Insurance Group John Keane, president of The Keane Insurance Group, founded the Keane Charitable Group in 2010 after the earthquake in Haiti. Since then, The Keane Group has raised more than $1 million to build an orphanage, a …
For independent agents, errors and omissions (E&O) allegations can surface any day or week but the risk is heightened in the days following natural catastrophes. “After the storm passes over and the claims start to come in, the risk for …
As long as there is an insurance industry, wholesaler brokers believe they will have a role to play. “We will continue to be an important sector – a small sector – but still a very important sector of how insurance …
Once again, Demotech Inc., the official research partner of Insurance Journal, identified the nation’s Super Regional Property/Casualty Insurers — P/C insurers writing multiple lines of insurance in multiple states. To determine the companies for the 2017 Super Regional Property/Casualty Insurer™ …
Florida lawmakers have once again let slip an opportunity to address insurance claims abuse, as legislation failed to make it through the Senate before the 2017 legislative session ended. This is the fifth consecutive year that a bill on curbing …
Nancy G. Atkins has been appointed Commissioner of the Kentucky Department of Insurance (KYDOI), in the wake of Brian Maynard’s decision in April to vacate the post. Maynard stepped down as commissioner of KYDOI effective April 30, to return to …
Florida businesses shouldn’t expect relief for workers’ compensation rates, this year at least. The Florida Legislature failed to pass legislation this session addressing 2016 decisions by the Florida Supreme Court that sent the state’s workers’ comp system into disarray and …
Taxpayers are spending more to settle claims for vehicles damaged and wrecked on South Carolina’s crumbling roads. The State newspaper reported that South Carolina has spent nearly $50 million since 2010 to settle lawsuits and claims for vehicle damage and …
