Fueling Agency Growth Through Succession Planning March 20, 2023 By Alicia Chandler For many business owners, succession planning is a task that can often fall into the “I’ll get to it someday”...
Reinsurance Recap: 2022 Results Mixed as Market Improves March 20, 2023 By L.S. Howard Full-year 2022 financial results, reported by a handful of international groups that write reinsurance, show mixed results in a market...
Midwest Meat Plant Cleaning Service Fined $1.5M for Hiring Minors March 20, 2023 By Steve Karnowski One of the country’s largest cleaning services for food processing companies employed more than 100 children in dangerous jobs at...
Commercial Insurance Price Increases Stay Level But Clients Still Worried: CIAB March 20, 2023 By Chad Hemenway Stabilization” and “moderation” continued to be the operative words for premium increases in the commercial property/casualty market, but many clients...
Cause of Huge Indiana Warehouse Fire Listed March 20, 2023 An October fire that left an Evansville, Indiana, warehouse and neighboring buildings in ruins began on the third floor of...
Used-Vehicle Prices May Be Cresting but Insurers Still Underwater March 6, 2023 By Marty Ellingsworth It was the best of times, it was the worst of times” would be an apt description of the last...
Actions vs. Talk: Is the Insurance Industry Coming Through on DEI Commitments? March 6, 2023 By Chad Hemenway Though the last five years have included events – specifically the murder of George Floyd – that prompted many company...
From Cyber to Lease Protection, Many Small Businesses and Agencies Are Woefully Unprepared March 6, 2023 By William Rabb Lisa Parry Becker, vice president of an independent insurance agency in Langhorne, Pennsylvania, recounted a computer hacking incident a longtime...
Fraudulent Instruction, Data Theft Trends to Continue in 2023: Beazley Cyber Services Snapshot March 6, 2023 Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report....
Insurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments March 6, 2023 By Andrew G. Simpson Two Trumbull Insurance customers who believe they were short-changed on claims payments have filed a proposed class action suit against...