Features

Insurance Journal Offers Free Agency for Sale Listings. What’s the Catch?

Insurance Journal announced that insurance agency owners looking to sell their agencies may post agency-for-sale listings on the highest trafficked property/casualty insurance news site in the world. For free. What’s the catch? If the insurance agency sale occurs due to …

Report Holds Optimistic Virus Recovery View for Cannabis Industry

A new report out examining how the COVID-19 pandemic impacted the U.S. cannabis industry shows consumer purchasing spiked, dropped, then started to stabilize in the time between when things began to unravel for the nation in March until recently. In …

Jargon-Filled Insurance Policies Lead to Confusion, Costly Lawsuits

As COVID-19 began forcing shutdowns across the nation, small-business owners looked to their insurance policies. Were they covered? Not surprisingly, the policy language caused more than a little confusion. The debate over whether business policies provide business interruption coverage for …

Nursing Homes Face Uphill Battle

At least 40% of all coronavirus deaths in the U.S. are from nursing home residents and caregivers. States like Massachusetts and Pennsylvania report an astounding 62% to 65% of their COVID-19 deaths from nursing homes and assisted living facilities. The …

Lloyd’s to Exit U.S. Admitted Market to Focus More on U.S. Surplus Lines, Reinsurance Markets

Lloyd’s announced it plans to stop accepting admitted market accounts in the United States in a year and focus on the U.S. reinsurance and excess and surplus (E&S) insurance market, where it is the market leader. As part of this …

People Analytics in the Age of COVID-19

Insurance organizations have recently been navigating a number of talent shifts in a short amount of time. Organizations that did not previously have remote work strategies in place have had to quickly implement programs and launch new technologies to ensure …

Are You Really Interested in Learning to Do Your Job Better?

One of my favorite books and movies is The Milagro Beanfield War. It takes place in the ’70s in a small, poverty stricken, dirt street northern New Mexico village. It’s close to a third world village, and into this village, …

Coronavirus Delays Capsized Cargo Ship Removal in Georgia

Coronavirus infections among the salvage crew are delaying plans to cut apart and remove a hulking cargo ship that capsized off the coast of Georgia 10 months ago. Officials had hoped to start slicing the South Korean freighter Golden Ray …

Georgia Court: No Coverage Owed for Shooting Due to Criminal Act Exclusion

An insurer is not liable for injuries caused by a policyholder who shot a 15-year-old boy in the head because the policy excluded coverage for criminal acts, a split Georgia Court of Appeals panel decided. The 2-1 ruling by the …

California Labor Commissioner Sues Gig Car Wash for Misclassifying Workers

The Labor Commissioner’s Office has filed a lawsuit against a gig-economy car wash company in Southern California for violating labor laws by misclassifying employees as independent contractors. Mobile Wash Inc. of Bellflower misclassified at least 100 workers, harming both the …

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