Root Sues Former CMO Over at Least $9.4M in Unauthorized Payments February 20, 2023 By Chad Hemenway Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments...
Home Heating Oil Leak Is Covered Due to Pollution Ambiguity, Rhode Island Court Rules February 20, 2023 The Rhode Island Supreme Court for the first time has found the definition of pollution in a commercial policy ambiguous...
Agency Salary Survey: Employee Pay Spikes As Agency Talent Pool Shrinks February 20, 2023 By Andrea Wells On the heels of the lowest U.S. unemployment rate in 53 years, insurance agency employees across the nation reported the...
When Mother Nature Strikes; Working Together to Mitigate Natural Catastrophe Risk: AM Best Webinar February 20, 2023 By Jahna Jacobson Climate change is contributing to increasingly intense natural catastrophes that leave larger and larger losses in their wake. What steps...
Insurance Advertising and Regulators February 20, 2023 By Bill Wilson Anyone who has read this column for the past four years, or earlier articles of mine, knows that I am...
Industry Trends to Exploit for 2023 February 6, 2023 By Catherine Oak and Bill Schoeffler Agency owners must watch and learn about major trends when they start. Following are the eight key trends that insurance...
Risk Management in the Metaverse February 6, 2023 By Syed Ahmad, Kevin V. Small, Adriana Perez and Jessica Lamour For many, the “metaverse” sounds like some obscure sci-fi fantasyland. You may be asking, where is it? How does one...
The Infrastructure Crisis: As Business Losses Mount, New Demand for Utility Coverage? February 6, 2023 By William Rabb When aging water pumps in Jackson, Mississippi, were shut down by floodwaters last August, knocking out water service to most...
What Ancient Roman Firefighting Can Teach Us About the State of Commercial Insurance Today February 6, 2023 By Erin Ashley There are rare moments in one’s professional life when you can take what you were taught in childhood into present-day...
Geico Saves $5.2M as Award to Woman Who Contracted STD in Car Is Overturned February 6, 2023 Geico is off the hook, at least for now, from paying a Missouri woman $5.2 million because she said she...