Features

Workers’ Compensation Benefits at Risk for Healthcare Workers, Others

Michigan Gov. Gretchen Whitmer’s June 17, 2020, order clarifying eligibility for workers’ compensation benefits for workplace exposure to COVID-19 is presumably overturned by the state supreme court’s ruling that the Emergency Powers of the Governor Act (EPGA) of 1945 is …

Different in All the Right Ways

Always do what’s best for the customer. That’s one of the guiding principles at Schaumburg, Ill.-based DSP Insurance Services that employees cited over and over again in 2020 Insurance Journal’s Best Agencies to Work For survey as a reason why …

Report: Medical Costs Lower for Texas Workers’ Comp Networks Than for Non-Networks

Texas workers’ compensation claims handled through healthcare networks have lower medical costs than those managed outside networks, a state report has found. The Texas Department of Insurance in late September published its 2020 Workers’ Compensation Network Report Card Results showing …

Treasury Advisories Add to Victims’ Woes

Recent warnings from the U.S. Treasury about paying ransomware demands are unlikely to substantially change how cyber insurers cover or handle such situations, according to experts. However, ransomware victims are likely to be under more pressure to be sure that …

A Commitment to Lifelong Learning

At Deland, Gibson Insurance, being a lifelong learner isn’t just a hobby, it’s part of the agency’s core values held by all employees. And agency employees say access to resources and education, as well as a constant drive for improvement, …

Replacement Cost and the 180-Day Limitation Myth

What’s the best way to launch this article? Don’t know if I should say I’m itching for a fight or if it’s better to say insurance carriers are misinterpreting coverage forms and I am trying to stop them. You decide. …

Embracing Technology in a Changed World

Saying this year has been a game changer for small business is an understatement. The pandemic is forcing small businesses, including independent agents, to do what they should have been doing all along — making essential investments to improve their …

Inflection Points in the Growth of an Agency

Over the years, I’ve talked to many agency owners who are frustrated because the growth of their agency is stuck, and they seem to be running in place. No matter what they try or how hard they work, agency growth …

Pandemic Economic Uncertainty Could See Insurers Buying, Partnering with Insurtechs

Insurance carriers could increasingly target insurtechs for acquisition and partnerships in the coming months due to pandemic-related economic uncertainty, according to a report. “As insurers move toward late 2020 and into 2021, we believe there may be an increase in …

Caring at Liberty Company Insurance Brokers

The Liberty Company Insurance Brokers Inc. in Woodland Hills, Calif., offered the perfect Hollywood ending for Bill Johnson. Johnson started the brokerage fresh out of college in 1987, then later took a break to get into the film industry with …

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