October 17, 2022
From launching in a basement to pulling in more than $135 million in written premiums, Energy Insurance Agency’s rise during the past four decades has been marked by big growth and a deep commitment to employees and customers. EIA recently …
October 17, 2022
Chinese billionaire and JD.com founder Richard Liu agreed earlier this month to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with …
October 17, 2022
About 25 years ago I had a friend who wanted to run for my seat in the Oklahoma House of Representatives. My advice to him was that he should try to convince as many potential opponents as he could not …
October 17, 2022
While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm could significantly erode the Florida Hurricane Catastrophe …
October 17, 2022
More than three decades ago, Mike Heffernan wrote a simple mission statement. “Have fun. And answer the phone.” Heffernan believed in the value of creating an enjoyable work environment when he launched Heffernan Insurance Brokers in 1988. Today, he still …
October 3, 2022
Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market innovators, by reinsuring the fronting insurers that provide the paper for MGAs to underwrite. In recent years, it is a …
October 3, 2022
San Diego, California, officials approved a $600,000 payout to a woman who was severely injured when a police dog attacked her in her own yard after escaping from its trainer’s home nearby. A lawsuit filed by Jenna Cole in March …
October 3, 2022
For years, the insurance industry has battled a looming talent crisis, and the threat of that crisis is becoming more urgent. According to the U.S. Bureau of Labor Statistics, more than 50% of insurance workers will retire by 2036 and …
October 3, 2022
The Washington Department of Labor & Industries is proposing a 4.8% increase in the average price employers and workers pay for workers’ compensation insurance in 2023. Employers and workers would jointly pay an additional $61 a year on average for …
October 3, 2022
Throughout the past few years, organizations have continued to evolve in response to shifting environments and priorities. Now, as insurance organizations are establishing more permanent plans for moving forward and operating long term, it’s important to explore how a corporate …