Two Washington roofing companies that landed on the Department of Labor & Industries’ severe violators list face large fines for reportedly allowing roofers to work on top of homes without using fall protection, among other alleged safety violations. L&I has …
As the M&A frenzy continues, buyers keep pushing the envelope when it comes to agency value. The private equity firms were initially paying top dollar to their first acquisition of a large, well-run firm platform acquisition. But now, many follow-up …
Nationwide Agency Forward survey showed 40% of small business owners surveyed expect a cyberattack to cost less than $1,000 and another 60% think it would take less than three months to fully recover. However, Nationwide claims data shows cyber claims …
A Virginia law professor is set to receive an $86,000 payment for settlement of his civil lawsuit filed against the City of Baton Rouge. The settlement follows a federal court order in which U.S. District Judge John W. deGravelles found …
As part of a collaboration with New York City, giant retailer Amazon said it will proactively restrict the sale of smokescreen license plate covers and tinted license plate covers to customers with a New York state address. Amazon said it …
Recent developments have sparked new debate about the role that Citizens Property Insurance Corp. should play in Florida’s rapidly shifting property insurance market, with potential changes that could affect agents, other carriers and homeowners for years to come. At a …
The Occupational Safety and Health Administration (OSHA) recently granted Massachusetts initial approval for a state-run safety and health plan for state and local government workers. The Massachusetts plan covers an estimated 430,000 state and local government employees only. Private sector …
Having a sales culture in your agency is not synonymous with having business culture. As so many examples of vaporware and internet companies and virtual providers and game changing insurance companies that never make money prove, a business can have …
Total U.S. surplus lines direct premiums written (DPW) reached a record $82.6 billion in 2021, with momentum continuing through mid-year 2022, according to a new AM Best report. In the first six months of 2022, premiums topped $31 billion, and …
Several insurance industry trade associations used the 30th anniversary of Hurricane Andrew — a storm that upended and transformed insurance and the manner in which communities prepare for natural disasters — to broadcast their conclusion that man-made threats are today …
