Louisiana Insurance Commissioner Jim Donelon announced that he will not run for reelection this fall, marking an end to 17 years as the state’s chief insurance regulator. “I’ve made that decision for two reasons: The first is to remove politics …
During a webinar about an insurance industry labor market survey, an industry recruiter said insurance carriers are losing ground to managing general agents in the war for talent. “On the property and casualty side, primarily in the commercial space, it’s …
NEW ORLEANS (AP) – A jury’s decision that a Louisiana State University fraternity pledge’s family is entitled to $6.1 million for his hazing-related alcohol death in 2017 sends a powerful message, the family’s attorney said. Max Gruver, from the Atlanta …
The U.S. Equal Employment Opportunity Commission (EEOC) released its report on the agency’s performance during the 2022 fiscal year (FY). The report highlights the EEOC’s efforts that advance its mission for equal employment opportunity, and focuses on several major areas …
Florida Gov. Ron DeSantis raised some questions when he suggested that Citizens Property Insurance Corp., the state-created insurer, has “not been solvent” and may be unable to pay all claims from a major hurricane. The head-scratching comments came March 17, …
The habitational market has seen more than its fair share of challenges, with many insurers cutting capacity or leaving the market in recent years. While the multifamily affordable housing market — a niche habitational category — shares many of the …
A landlord decides to lease a space in a retail strip center to a sports bar. The landlord’s commercial real estate representative sends the lease to the new prospective tenant to sign — it is a standard industry lease that …
Carrier management teams are under intense pressure to cut expenses, but to make smart cuts, the right measures must be taken first. This is especially true when the cuts affect the distributors that generate all the carrier’s sales. For most …
Climate change is already having a major economic and financial impact on the United States and may trigger asset value losses in coming years that could cascade through the U.S. financial system, Treasury Secretary Janet Yellen said recently. Yellen told …
The restaurant and bar industry continues to serve up new ways to deliver their goods and services following the turbulent times experienced throughout the COVID-19 pandemic. While the most troublesome times have subsided, restaurants continue to reinvent their business landscape …
