To paraphrase Sir Walter Scott, “Oh what a tangled web we weave when we try to figure out coverage under multiple insurance policies.” This month, I’d like to feature a real-life coverage scenario involving both personal and commercial lines policies …
Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an insurance agent or broker …
Whether in work or play, it’s good to have a guide. Kapnick Insurance Group in Adrian, Michigan, has that covered with its Kapnick Compass, principles that define “who we are, our common language, and how we treat each other,” said …
When Pierce Powers founded Powers Insurance & Risk Management in 1991, it wasn’t his idea. He had planned to follow in his father’s footsteps and become a surgeon. But an auto accident during his senior year in college changed everything. …
Hurricane Ida’s winds and floods did at least $584 million in damage to agriculture in Louisiana, experts at the LSU AgCenter estimate. More than half of that — $315.9 million — is timber damage, with another $207 million, or 35% …
The country’s flood insurance market is slowly transitioning toward private insurers providing additional options to the federal government’s program for those seeking coverage, according to a new AM Best report. But private sector carriers are being selective, tending to avoid …
Citizens Property Insurance Corp. president Barry Gilway said at a board of governors meeting that the organization is considering “all ideas to reduce exposure” as policies mount by the thousands. Gilway said Citizens is accepting policies at a rate of …
“We are family to our employees, accountable to our clients, teammates to our carriers and generous to our communities. Those values inform all our decisions,” said Higginbotham CEO Rusty Reid, describing the four core values that drive the company’s operational …
A top Southern Baptist Convention committee agreed to fund a third-party investigation into its handling of sexual abuse allegations but held off on waiving its attorney-client privilege for the probe, delaying for the future a decision seen as a key …
For Florida-based Baldwin Risk Partners (BRP), creating a family-oriented atmosphere isn’t jargon; rather, it’s the very essence of the company. CEO Trevor Baldwin is the fourth generation in his family to work in insurance, “simply the best business on the …
