What makes the difference between an average agency owner and a great one? The key is learning the skills of financial management. There are many times that consultants are called in to assisst owners with financial problems. Some owners have …
ResourceMFG, a national manufacturing specialty staffing company, violated federal law when it failed to refer an Oklahoma job applicant for employment because she was not born in the United States, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a …
The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers there are new emerging risks on …
A doctrine that prevents parties from seeking reimbursement for intangible economic losses caused by maritime negligence doesn’t prevent an insurer from recouping $1.7 million it paid to a policyholder for damage to a structure used to moor boats, a panel …
In spring 2009, we launched “On Point, brought to you by Wells Media,” making it one of the first podcasts in the insurance industry. That’s more than 13 years of podcasting, every other week. (Thank you, loyal listeners.) In 2009, …
Arturo released its inaugural report “Hurricane Exposure: The State of Gulf Homes” that analyzes more than 17 million homes across the South Central and Southeast United States ahead of a forecasted above-average hurricane season. The report finds 71.9% of rooftops …
Natural disasters are events that create fear. When you add the flavor of how these events are reported, the fear is ratcheted up significantly, especially when you’re not accustomed to a particular event. For someone who grew up in an …
The attorney who filed the first U.S. lawsuit seeking insurance coverage for a business shut down because of coronavirus won the first policyholder victory in a state or federal appellate court that interpreted the meaning of “direct physical loss or …
Some Oregon business groups are suing over the state’s new job site rules mandating that employers take steps to protect workers from extreme heat and wildfire smoke. Regulations adopted by the Oregon Occupational Safety and Health Division mandate that employers …
Insurtechs and insurance companies are “breaking down the wall” that stood between them as competitors in favor of working together to tackle dynamic cyber risk. “We’re all trying to solve the same problem,” said Lori Bailey, chief insurance officer at …
