Very early in my career as an insurance producer with a commercial insurance agency, I had the opportunity to hear a speech by the famous sales coach Roger Sitkins. Though I don’t remember everything Roger talked about in his presentation, …
Berkshire Hathaway’s $11.6 billion acquisition of Alleghany Corp. was the largest insurance transaction in 2022 but insurance M&A activity dropped overall this year, according to an S&P Global Market Intelligence analysis. As of the end of November, there were 685 …
A great opportunity exists for those who want to make a difference in their communities, clients’ lives, and businesses on a professional level. Insurance was created to protect people’s and businesses’ assets, i.e., to protect their balance sheets. When a …
A federal appeals court said it won’t reconsider its ruling temporarily blocking Arkansas from enforcing its ban on gender-affirming care for children. The 8th U.S. Circuit Court of Appeals denied the state’s request for the full court to hear its …
Oregon’s workers’ compensation rates remain among the lowest in the nation, according to an analysis released by the Oregon Department of Consumer and Business Services. The biennial study ranks all 50 states and Washington, D.C., based on premium rates that …
I’ve discussed or mentioned water damage claims in several columns this year, from plumbing leaks to widespread geographical flooding. As plumbing systems age, increasingly the number one cause of homeowners claims unrelated to weather involve water leaks. These potential losses …
An Everett, Washington, man reportedly caught remodeling homes while claiming he was too injured to work has been charged with felony theft in a workers’ compensation fraud case. Terry Lee Dawson, 62, is accused of stealing more than $55,000 in …
When an agency owner decides to sell, there are a plethora of buyers to choose from. A seller should narrow down the options to two or three before serious discussions take place. The next step is to obtain from the …
In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over a proposal to collect data on climate-related risks from property/casualty insurers, and its disappointment that insurance commissioners have not been …
The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter — the highest in five years, according to an analysis by S&P Global Market Intelligence. “In addition to the effects of catastrophe losses on various …
