Features

Report Looks at Long COVID Claims in California Workers’ Comp

Roughly 13% of COVID-19 claims with medical payments received treatments for long COVID symptoms in the workers’ compensation system, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released an updated COVID-19 report, Medical Characteristics of COVID-19 …

Colorado’s Most Destructive Wildfire Caused by Embers From Old Fire, Sparks From Power Line

Embers from a smoldering scrap wood fire outside a home days earlier and a sparking power line caused a Colorado wildfire fanned by high winds that destroyed nearly 1,100 homes and left two people dead, authorities said. The Dec. 30, …

Missouri Man Pleads Guilty to $1.1M Insurance Fraud Scheme

A Missouri man has pleaded guilty in federal court to his role in a $1.1 million insurance fraud conspiracy that involved false claims of injuries suffered in car accidents, as well as to his role in a conspiracy to fraudulently …

Family of Ohio Black Man Killed by Police Allege Excessive Force

The eight police officers who shot Jayland Walker last summer used excessive force when they fired 94 bullets at him during a foot chase and participated in a “culture of violence and racism” within Akron’s police department, according to a …

Q&A: Consultant Stephen Bushnell Digs into Green Insurance Products

After learning about green buildings, after examining their structural characteristics that may not be covered by traditional insurance policies, and after studying green rating guides and the commissioning process, Stephen Bushnell came to a notable conclusion. “It seems that green …

How the Insurance Universe Deals with Evolving Risks and Dispositions

Insurers have come a long way on climate change, but they have a long way to get where they need to be to deal with a more hazardous planet. That was the assessment from Washington Insurance Commissioner Mike Kreidler, a …

Fitch: Hardening Commercial Lines Market to Continue Through 2023

This year will mark the fourth year of a hardening market for the commercial lines underwriting cycle, according to the latest US Commercial Lines Market Update released by Fitch Ratings. The Council of Insurance Agents & Brokers’ (CIAB) commercial lines …

Cyberattacks on Renewables: The Stuff of Nightmares for Europe’s Power Sector

Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for European power chiefs. Henriette Borgund knows …

Florida Regulators Approve Roof Endorsements That Bar Non-Storm Claims

Despite the Florida Legislature taking major steps to rein in the cost of roof claims and litigation, at least two insurers have come out with broad roof endorsements that seek to bar claims for wear and tear, poor workmanship and …

The Secret Sauce: The Keys to Long-Standing Client Relationships

Recently I renewed two large accounts for the twenty-sixth time. Over the years, I’ve found the loyalty of these particular clients professionally and personally rewarding. It’s also created a stable source of revenue for a long time. Though these two …

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