Features

Employment Practices Insurance in the Age of Covid

Overall trends for the past 30 years in the employment practices liability insurance market have been influenced by society and culture. As concerns over racial and disability discrimination, sexual harassment, gender inequality, wage-and-hour enforcement, and now COVID ebb and flow, …

Extreme Systemization and Stratification of Agency Operations

A few years ago, Catherine had a total knee replacement by an excellent orthopedic surgeon in Fremont, Calif. Dr. John Dearborn was recommended by two of our insurance clients that have had incredible success. This surgeon implemented “systematic processing” of …

How to Deal with a New Set of Risk Priorities

Three risk management alerts arrive in a CEO’s inbox. Which one gets the most attention? Umbrella liability insurance renewal costs are expected to increase by 30% to 50%. Unfavorable workers’ compensation trends will materially impact earnings this quarter. A well-known …

Special Report: The Charity Issue – Photos of Giving

USI Insurance Services USI Gives Back is a corporate social responsibility program where USI associates give their time and talent to their local communities. Since the program’s inception in 2014, more than 8,000 USI associates have volunteered through Gives Back, …

Teaming Up for the Greater Good; How Two Indiana-based Competitors Joined Forces to Help Their Community

For more than 50 years, two independent agencies, Gregory & Appel and MJ Insurance, have battled each other for the best insurance clients. Indiana-based Gregory & Appel Insurance is a fifth-generation, family-owned independent agency, operating in downtown Indianapolis. Less than …

The Gig Economy’s Auto Insurance Market and Surplus Lines

Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance needs, especially in the gig …

Liquidation Sought for Texas Nonstandard Auto Insurer, ACCC

An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership. ACCC Insurance Co. was placed into receivership on Oct. 21 by Travis County District …

The Other New Normal: Wildfires from a Winery Insurer’s Perspective

Arriving on the scene after a wildfire has ravaged an area is never easy. One can only imagine what experiencing such devastation is like for the victims of these fires, who have lost homes, livelihoods and even loved ones. The …

Louisiana Court: ‘Collectibility’ Not a Limiting Factor in Legal Malpractice Damage Amounts

Are a plaintiff’s damages in a legal malpractice case limited to the amount they could have collected in a judgement in the underlying lawsuit that an attorney was found to have mishandled? The Louisiana Supreme Court said ‘no’ in a …

U.S. Commercial Insurance Rates Rise Again Q3; Showing Signs of Stability

For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10% but the rocket ship rate hike trend might be moderating. “While commercial insurance prices continued to rise this quarter at a significant …

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