When the pandemic hit, the business world changed rapidly and drastically. Insurance organizations pivoted to focus primarily on keeping their businesses running and managing the technical and logistical aspects of remote work. Employees adapted to best meet their work obligations …
A comparison of workers’ compensation direct premium written indicated an overall decrease of approximately 0.3% for the first six months of 2021 compared to the first six months of 2020. Fifteen of the Top 25 carriers by dollar volume of …
Usage-based personal auto insurance may be drawing ever-increasing attention. Its wider adoption is stymied, however, by customer age and demographics, privacy concerns, misunderstanding about the technology, and even contentment with existing coverage. That’s according to a survey from Standard & …
The coronavirus pandemic forced most individuals and businesses to stand still for a moment in time, a pause that was challenging for many and cost jobs, income and growth. While many industries are transitioning back to work, some businesses, including …
New data shows a sustained increase in U.S. traffic deaths that regulators ascribe to impaired driving, speeding, a failure to wear seats beats and other unsafe behavior since the start of the coronavirus pandemic. The National Highway Traffic Safety Administration …
Louisiana’s top insurance regulator on Sept. 7 directed insurance companies pay policyholders’ Hurricane Ida evacuation expenses. Directive 218, issued by Insurance Commissioner Jim Donelon, requires insurers to pay claims for loss of use for policyholders who evacuated or were prohibited …
The California Legislature voted to guarantee people can call out their bosses publicly in most harassment and discrimination cases. When companies settle complaints filed by their employees, the agreements often include a provision barring the employee from disparaging the company …
Oregon employers will pay on average less for workers’ compensation coverage in 2021, the Oregon Department of Consumer and Business Services announced earlier this month. The decline in costs marks nine years of average decreases in the pure premium rate …
A Colorado city has agreed to pay $3 million to a woman with dementia who was roughly arrested by police last year after being suspected of shoplifting, money which her family said will pay for the around-the-clock care she has …
Many in the insurance space are blind to the fact that the Office of Foreign Assets Control (OFAC) is lurking in the shadows. A federal agency in the U.S. Department of Treasury responsible for the administration, implementation and enforcement of …
