Features

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 …

Increased NFIP Discounts Coming to East Baton Rouge

In Louisiana, East Baton Rouge Parish residents and business owners will be eligible for an increased discount on their flood insurance premiums this fall. According to a press release from the City of Baton Rouge, beginning Oct. 1, homeowners and …

A Look at Reciprocal Insurers From 30,000 Feet

For years, newly organized reciprocal insurers were few and far between and were not the preferred vehicle for new entrants to the insurance space. In fact, at one time, a prominent state insurance regulator refused to license new reciprocals, believing …

Louisiana Lawmakers Pass Auto Insurance Reform Bills

Louisiana lawmakers passed a series of auto insurance reform bills that aim to bring availability and competition to the market by cutting down on excessive verdicts and settlements. Legislators passed four bills endorsed by Insurance Commissioner Tim Temple that he …

Nationwide’s Chetan Kandhari Said the Company Is Working to Build a Bionic Workforce.

Nationwide’s Chetan Kandhari said the company is working to build a bionic workforce. Maybe that brings to mind robots, futuristic technology and sci-fi imagery, but Kandhari said no one should fear robots replacing humans. Bionic simply means that biological components …

Insurers Off the Hook in O’Hare International Airport Construction Dispute

Cracked steel columns are not “property damage,” but are building products that are not covered by a contractor’s general liability policy, the U.S. 7th Circuit Court of Appeals decided in an opinion that lets St. Paul and other insurers off …

Last Wrongful Death Suit From Astroworld Tragedy Set for Trial in September

The one remaining wrongful death lawsuit filed after 10 people were killed during a deadly crowd crush at the 2021 Astroworld music festival has been set for trial in civil court in September, a judge ruled. State District Judge Kristen …

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