More organizations are using captives for insurance protection and financial flexibility in response to today’s risk and insurance landscape. In its 2020 captive report, insurance broker Marsh says that that tightening global insurance market conditions throughout 2019 led to higher …
The team at G&G Independent Insurance in Fayetteville, Ark., is young, ambitious, motivated, and passionate about providing innovative, exceptional service to their customers. And they love where they work. G&G Independent Insurance was selected as Insurance Journal’s Gold Best Agency …
We all know about the Pareto Principle, the 80/20 rule. It also applies when analyzing the profitability and the work required for an agency’s book of business. Roughly 20% of the accounts generate 80% of the revenue, and 20% of …
Employees at SouthGroup Insurance Services don’t just like where they work – they LOVE it. And going through the pandemic has only reinforced their love and appreciation of their employer, selected as Insurance Journal’s Best Agency to Work For – …
The hotel industry was one of the first industries affected when COVID-19 forced the travel industry into standstill, and many predict it will also be one of the last industries to recover. Even as travel has ticked up slightly since …
A Houston plaintiff’s attorney defeated State Farm Lloyd’s for the fourth time on the same issue, this time coming away with a federal appellate court ruling that policyholders don’t have to prove that their insurer acted in bad faith in …
Workers’ Compensation Premiums Down 8% in First Half of 2020 Prior to discussing the results of our review of aggregate workers’ compensation insurance written in the U.S. during the first half of 2020 versus the first half of 2019, permit …
Tropical Storm Beta made landfall on the central Texas coast on Sept. 21 as the 23rd named storm of the hyperactive 2020 Atlantic hurricane season and the third to hit the Gulf Coast this year. Slow moving Beta dumped heavy …
As claims related to the economic fallout from the pandemic emerge in the U.S. directors and officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and underwriting losses to continue over the …
Texas-based Blue Bell Creameries L.P. has been ordered to pay $17.25 million in criminal penalties for shipments of contaminated ice cream products linked to a 2015 listeriosis outbreak, according to the U.S. Justice Department. Blue Bell pleaded guilty in May …
