Features

Data Privacy, Human Trafficking Risks on the Rise

The world can at times feel smaller and more connected than ever before. And though there are many tangible benefits to such intermingling of markets, people and products, potential risks nevertheless remain. With greater connectivity comes the increased potential for …

The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and Insurers

Last year while I was out of town, a roofing company showed up at my home and told my wife there had been a hailstorm recently, so they were visiting impacted neighborhoods and providing free inspection services. She let them …

The Relevance of Standard Carriers to Commercial Lines

Question: Are standard, admitted, insurance carriers relevant commercial markets? Arthur J. Gallagher stated in their 2020 10K that 50% of the total U.S. commercial property/casualty market is written through alternative markets. An Aon report several years ago placed that number …

30% of Business Leaders Say Global Political Risk Is Their Biggest Threat

Sixty-five percent of North American business leaders fear this election year will impact their ability to trade internationally, with 32% of leaders in the United States saying political risk is their number one threat. In January, Beazley surveyed over 3,500 …

Film and TV

When it comes to insuring the film and television industry, premiums that skyrocketed in 2020-21 have settled down, according to John Hamby, senior managing director, national entertainment practice leader, Risk Strategies/Dewitt Stern. “Rates seem to have flattened for standard productions, …

Unifying Voices in Insurance: Forum Brings Together Industry Groups to Discuss Diversity, Equity and Inclusion

Bringing more diversity to the insurance industry will take intentional, deliberate effort and teamwork. That’s the encouraging outlook from a panel of diversity, equity and inclusion (DEI) thought leaders that inspired the crowd at the Unifying Voices — Empowering Diversity …

How Do Insurers Define Systemic Cyber Risk?

Systemic cyber risk is being discussed as a growing concern for insurers as technology advances and interconnectivity increases, but how is this risk defined? That may be one of its gray areas. “As you go through different owners of risk …

“Dirty Dozen” Unsafe Employers Putting Workers at Risk

A retail giant, a space launch operation, a major food processor, the nation’s two biggest rideshare providers and a large healthcare system are among those entities marked as being among the most unsafe employers. The National Council for Occupational Safety …

Is an ESOP in Your Future? Don’t Overlook This Valuable Succession-Planning Tool

2024 marks 50 years since Congress passed legislation codifying the tax benefits of employee stock ownership plans (ESOPs). Senator Russell Long, then chairman of the Senate Finance Committee, personally saw to it that ESOPs received favorable treatment in the Employee …

Texas Attorney Charged with Skimming $2.4M from Settlements

A Houston plaintiffs’ attorney known as “Car Wreck Clyde” is awaiting court proceedings after being charged with skimming as much as $2.4 million in client settlement proceeds over the past decade, federal prosecutors said. Clyde J. Moore, 62, and his …

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