Features

Washington Asbestos Removal Company Fined Nearly $800K

A Lynnwood, Washington, asbestos removal contractor is facing stiff fines for knowingly and repeatedly exposing employees and homeowners to extremely hazardous conditions. The Washington Department of Labor & Industries inspection of two Seattle Asbestos of Washington job sites at homes …

Hiring Insurance Agents: The Secret to Cultivating Successful Producers

Having spent 15 years traveling across the country meeting principals, I’ve learned much about why some agencies are successful and others fail when it comes to acquiring and nurturing new producers. What I’ve discovered is that the most favorable results …

Oregon Wineries and Vineyards Seek $100M from PacifiCorp for Wildfire Smoke Damage

Dozens of Oregon wineries and vineyards have sued PacifiCorp over the deadly 2020 wildfires that ravaged the state, alleging that the utility’s decision to not turn off power during the Labor Day windstorm contributed to blazes whose smoke and soot …

A.M. Best: Rapid Premium Growth Warrants Greater MGA Oversight

Though A.M. Best remains bullish on the delegated underwriting authority enterprises (DUAEs) market, it remains cautious of the risk managing general agents (MGAs) bring to insurers. In its latest market segment report, the rating agency said “MGAs provide a cost-effective …

California Supreme Court Resolves Question on Coverage for COVID Business Shutdowns

The California Supreme Court resolved a question about insurance coverage for COVID-19 business shutdowns in the issue of a virus exclusion in a ruling that is consistent with the vast majority of courts nationwide: the presence of the virus on …

The Anatomy of Employee Happiness: Key Factors That Drive Workplace Satisfaction

In today’s competitive job market, companies are increasingly recognizing the importance of prioritizing employee happiness. It’s no secret that happy employees are more productive, engaged, and likely to stay with their employers for the long term. But what exactly makes …

Busy Hurricane Season Could Test North Carolina’s ‘Weakened’ Building Codes, Experts Say

The 2024 Atlantic hurricane season, predicted to be unusually intense, officially began this week and it could soon bring the first test of a North Carolina law that some insurance experts have said weakens building codes in the state and …

The Untapped Potential of Press Releases in Insurance Strategies

The role of press releases often is underappreciated in the insurance industry. While digital marketing and social media strategies can dominate the conversation, the traditional press release remains a powerful tool that holds immense untapped potential. From shaping public perception …

Florida Insurance Agents Will Soon Need to Be Appointed With 3 Carriers Before They Can Sell Citizens’ Policies

Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies for the state-created Citizens Property Insurance Corp. That’s the mandate laid down by Florida House Bill 1503, signed into law …

Industry Drill Down: NCCI Sees Declines in Construction Claim Frequency

The construction sector accounts for the largest premium share when it comes to workers’ compensation premium in National Council on Compensation Insurance (NCCI) states but improved safety measures and employee tenure throughout the sector has led to decreasing frequency, declining …

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