Features

Rise in Texas Workers’ Comp Claims in 2020 Ends 20-Year Downward Trend

Despite the economic slowdown resulting from the COVID-19 business closures, the total number of workers’ compensation claims reported to the Texas Division of Workers’ Compensation rose in 2020 by 34% compared to the previous year. In a recent update on …

How to Find New Producers

Most of our agency clients tell us they have a hard time finding producers. They want to know where to look and how to bring them in. It is not an easy task to find someone with experience from another …

Texas Grape Growers Sue over Damage from Cotton Herbicide

Wine grape growers in Texas and surrounding states have filed a lawsuit against drug maker Bayer-Monsanto and chemical giant BASF for the damage their cotton herbicide has caused to vineyards. Attorneys for the grape growers say cotton seed systems created …

P/C Insurers’ Underwriting Income Fell 53% in First Quarter: AM Best

The U.S. property/casualty industry saw its net underwriting income fall in first-quarter 2021 by 53% as compared with the same prior-year period, according to preliminary financial results analyzed by AM Best. Increased incurred losses, loss adjustment expenses and underwriting expenses, …

Former Washington Logger Charged in Nearly $300K Workers’ Comp Scam

A Cowlitz County, Wash., man stands accused of faking injuries to collect nearly $300,000 in workers’ compensation benefits. James Joseph Thomasson, 52, of Kalama, was arraigned in Thurston County Superior Court on one count of felony first-degree theft. Thomasson is …

Top California EPLI Settlements

A Kaufman Borgeest & Ryan report lists the top EPLI settlements from 2015 to 2020, with four of the top 10 occurring in California: The $215 million University of Southern California settlement in 2018 with potentially thousands of women who …

Western U.S. Wildfires Have Made Insurance Tough for Contractors

Things look bad with California’s ever-sooner wildfire season seemingly approaching and what’s shaping up to be a severe drought across the Western U.S. The plague of wildfires in the past few years in California have made things tough for residents …

Casualty Market for Education: Marsh

There are many segments in the education insurance market ranging from large colleges and universities to smaller K-12 campuses, but when it comes to casualty risks the exposures are largely the same, said Mark Turkalo, senior vice president, Education and …

Permissible Broker-Agent Fees: It’s All a Matter of Geography

Oh, how things vary from state to state. This is particularly true when it comes to insurance laws. As insurance professionals know well, variations in state governance and regulation extend to the insurance space, with each state having its own …

How to Manage Social Media Liability in the Workplace: RIMS

“I remember when the worst thing you had to worry about at work was a misdirected reply-to-all on an email.” Joann Lytle, a partner with the law firm McCarter & English in Philadelphia, knows things have changed and there are …

Features Archives by Month