Tests show toxic chemicals in wells near the headquarters of a western Michigan shoe manufacturer, years after the company dredged and transferred river sediment from a leather-processing tannery. There is no dispute Wolverine Worldwide used a 3M Co. waterproofing product …
In last month’s Ask the Insurance Recruiter column I offered advice on how insurance organizations can improve job advertisements with my final recommendation to, “Insert as much ‘what candidates want’ information as possible.” As an employer trying to recruit top …
Agency owners must watch and learn about major trends when they start. Following are key trends that insurance agencies should be tracking for 2024. 1. Insurtech Several trends are emerging in the insurtech sector. Artificial intelligence, or AI, and machine …
Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn’t expecting any major changes in the pricing for commercial casualty or property insurance markets heading into 2024. “The property market will try to lean …
I conceive that the great part of the miseries of mankind are brought upon them by false estimates they made of the value of things.” – Benjamin Franklin Last year, I participated in a panel discussion on property undervaluation at …
Recently, I spent a week learning about an entirely different industry than insurance. It was a great education. Along the way, I also learned about their insurance situation. As is common, provably common, about insurance coverages for small and medium …
I believe you have to do what you love. My favorite subject in school was mathematics. To me, trigonometry and advanced calculus presented challenging but enjoyable and even exciting puzzles to solve. As I grew older, I sought a career …
Frederick Mutual, which is exiting the personal lines market and focusing strictly on commercial lines in the Mid-Atlantic and Southern regions, has reached a renewal rights agreement with another insurer for the bulk of its personal lines business. Beginning Jan. …
The city of Boston began requiring construction and demolition contractors to file site-specific safety plans and attest to following them on December 1. The requirement is part of the city’s implementation of a new safe construction ordinance that was passed …
A teacher who was shot by her 6-year-old student in Virginia can press forward with her $40 million lawsuit against a school system over claims of negligence by school administrators, a judge has ruled. The surprise decision by Newport News …
