Features

Turning the Great Retirement on Its Head: Look to Hire the Retired

One of the biggest challenges for independent agency owners today is recruiting and retaining talent. A variety of surveys taken pre-pandemic indicated that most of the industry workforce would be age-eligible for retirement within this decade. Over the last several …

Florida Consumer Advocate, Attorneys Concerned about Growing Use of Arbitration in Claims Disputes

Plaintiffs’ attorneys and Florida’s insurance consumer advocate are pushing back on insurers’ plans to require arbitration to settle more claims disputes. Some attorneys warned that the plans could lead to legal challenges and potentially more claims litigation. “That’s going to …

Climate Change Could Cost U.S. Budget $2 Trillion a Year by End Century

Flood, fire, and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment, released in early …

EPA Probes Environmental Justice in Louisiana Projects

The Environmental Protection Agency is investigating whether Louisiana’s health and environmental agencies discriminated against Black residents in connection with air pollution from existing and proposed facilities between New Orleans and Baton Rouge. The director of EPA’s civil rights compliance office, …

Young Agents Remain Optimistic About Career Choice But Concerned About Economy

Editor’s Note: To view the complete results of the 2022 Young Agents Survey and corresponding charts download the full issue at: https://www.insurancejournal.com/magazines/ Young agents are an optimistic bunch when it comes to their career choice and the future of the …

Ohio Court Weighs Caps on Damages in Child Rape Case

An Ohio woman repeatedly raped as a child suffered injuries so severe that she’s owed millions in compensation despite a state cap on pain-and-suffering awards, an attorney told the state Supreme Court. At issue before the court is a Cuyahoga …

Redefining Leadership Development

The role of a great leader continues to evolve as new business demands and expectations are met with shifting challenges and priorities. However, while most insurers are focused on growing employees’ technical abilities, many overlook the importance of interpersonal and …

Michigan McDonald’s Workers Reach Settlement Over Harassment

Former McDonald’s workers who alleged rampant sexual harassment at their Michigan restaurant have reached a $1.5 million settlement agreement with the restaurant’s former owner. The American Civil Liberties Union’s Women’s Rights Project, which helped represent the employees, announced the settlement …

PFAS, Microplastics, Baby Food: Emerging Casualty Risks Keep Coming

There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is enough to keep the industry on …

Appeals Court Upholds $25M Judgment Against College in Ohio

An Ohio appeals court has upheld a $25 million judgment for a business that successfully claimed it was libeled by Oberlin College in the aftermath of a shoplifting incident that roiled the historic liberal arts school and music conservatory’s campus …

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