Features

Commitment to Employee Development Helps Sets Granite Insurance Apart

The Best Agency to Work For in the Southeast for 2022 is North Carolina-based Granite Insurance Agency, an organization that is such a great place to be employed that one worker called it “life changing.” “Granite Insurance and its team …

RCM&D Offers ‘Total Package’ for Clients, Community and Employees

Being a Best Agency to Work For is about more than how well an insurance agency treats its employees. At RCM&D, employees take obvious professional pride in how the agency treats its customers and community as well. To the extent …

Workers’ Compensation Premiums Increase 10% for First Six Months of 2022

A comparison of workers’ compensation direct premium written indicated an overall increase of approximately 10.1% for the first six months of 2022 compared to the first six months of 2021. Twenty of the Top 25 carriers by dollar volume of …

Navigating Insurance for Today’s Contemporary Art Scene

As the pandemic recedes, the art market is getting back to business. Record-breaking auction sales, breakthrough success of young contemporary artists, and a range of new material and media used in artists’ creations are hot trends dominating the art scene …

Misrepresentation by Insured? It’s Complicated, Florida Appeals Court Says

Proving that an insured misrepresented the extent of damage from a storm may have become a little more complicated for Florida insurance companies this year. Florida’s 5th District Court of Appeals in September reversed a trial court’s summary judgment order, …

‘Best Practices’ Agencies Tout Record Highs in Organic Growth, Profitability: Study

As the independent agency channel moves past the coronavirus pandemic and into uncertain economic headwinds, Best Practices agencies achieved record highs in organic growth and profitability, according to the 2022 Best Practices Study by the Big “I” and Reagan Consulting. …

California Workers’ Comp Independent Medical Review Volume Fell in First Half of 2022

After hitting a record low in 2021, the number of independent medical reviews used to resolve California workers’ comp medical disputes continued to decline in the first half of 2022 according to the California Workers’ Compensation Institute. California law requires …

Supply Chain Restructuring to Generate $33B in Commercial P/C Premiums by 2026: Swiss Re

Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: “Maintaining resilience: the role of P&C insurers in a new world order.” Supply chain restructuring is expected …

New Report on California Workers’ Comp Medical Payment Trends

The Workers’ Compensation Insurance Rating Bureau of California released an updated California Workers’ Compensation Aggregate Medical Payment Trends report for 2021. The latest annual report compares medical payment information from 2019 through 2021. It analyzes medical payment and utilization trends …

America’s Best Independent Agencies to Work For

The votes are in for the 2022 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees in 2022 highlighted the importance of competitive salaries, employee benefits, training and education, resources, and other employee perks as drivers of …

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