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California School District Paying $2.25M to Settle Suit Involving Teacher Who Had Student’s Baby

A Southern California school district will pay $2.25 million to settle the latest lawsuit involving a teacher who became pregnant by one of at least two students she was accused of sexually abusing. The settlement brings to $8.25 million the …

3 Construction Innovations Changing Builders Risk Insurance Exposures

Construction is like insurance. The basics don’t change much, but when there are new developments, they can alter the trajectory of the industry. Building innovations — namely 3D construction, solar panels and cross-laminated timber — are changing builders risk insurance …

A&E Risks: Quality Control Must Advance with Technology

Technology has revolutionized the architecture and engineering (A&E) design space over the past 40 to 50 years, allowing for improved efficiency and faster architectural design and output. However, these technological advances can also increase the chance for error — or …

Coming of Age: Mapping Risk Around Multi-Generational Wealth And Life Milestones

Family enterprises that thrive play an outsized role in the economy, and, of course, in the lives of the family members, including the rising generation. In that vein, managing risk effectively on both a business and family level is imperative. …

Policygenius Finds Average Home Insurance Prices Up 21%

Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance during the time period analyzed by Policygenius …

J.D. Power: Auto Insurance Shopping Reaches All-Time High

The percentage of American households with cars and without auto insurance rose during the first half of 2023, and the share of customers who say they are shopping for auto insurance reached a record high. J.D. Power recently shared these …

Kaiser to Pay $49M in California for Dumping Private Medical Records, Medical Waste

Kaiser Permanente has agreed to pay $49 million as part of a settlement with California prosecutors who say the health care giant illegally disposed of thousands of private medical records, hazardous materials and medical waste, including blood and body parts, …

Write Job Advertisements That Attract Top Insurance Talent

What’s the best billboard you’ve ever seen? Why did it stand out? Think of job advertisements like billboards. It’s something everyone can see, and the best ones are creative, memorable and lead to business opportunities. Millions of people, insurance professionals …

Education Is Key to Success for Wiglesworth-Rindom Insurance Agency

Florida insurance agents have been through the wringer in the last five years, with repeated rate increases for properties across the board, carriers pulling out of the market, and continual complaints from insureds about premiums. But that hasn’t stopped Wiglesworth-Rindom …

Insurance Industry Should Expect $130 Billion in Catastrophe Losses Every Year: Verisk

Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in the past. In fact, the industry should expect loss totals of much more than that every year, according to models …

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