National News

U.S. Commercial Insurance Prices Inched Up in Q4

U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under two percent on average compared to the same period in 2017, according to Willis Towers …

Best-Selling Boeing 737 Under Scrutiny After Another Deadly Crash

A fatal crash in Ethiopia on Sunday involving an updated version of Boeing Co.’s best-selling 737 is putting the spotlight back on the aircraft just five months after another deadly crash involving another brand-new model of the same type in …

Chemical Safety Board Again Targeted in Trump’s Proposed Budget

The Trump administration’s budget proposal will again call for eliminating the U.S. Chemical Safety and Hazard Investigation Board, an independent federal agency that investigates major industrial accidents, according to a person familiar with the plan. The board, with an annual …

Lockton Expands Reinsurance Brokerage Globally; Hires 3 Guy Carpenter Executives

Global insurance broker Lockton has formed a global reinsurance business, Lockton Global Re, and hired several Guy Carpenter executives as part of its leadership team. In addition to Lockton CEO Ron Lockton, the leadership team includes Tim Gardner, current CEO …

Turning Sharing Into a Sales Pitch for Pricier New Cars

The ability to rent his car to strangers for cash convinced Trevor Davis, a high-school teacher in Dallas, to buy a brand-new Honda Civic instead of a used car. “I was going to get something real cheap, an inexpensive second …

OSHA Scraps Obama Workplace Injury Reporting Rule; 6 States Sue

Citing a concern over potential public disclosure of sensitive worker information, the Occupational Safety and Health Administration (OSHA) recently eliminated a requirement that businesses with 250 or more employees electronically submit annual reports on every employee injury or illness. The …

5 Questions to Ask Small Businesses to Uncover Their Cyber Blind Spots

In an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes Insights and The Hanover shows that most small business owners recognize they are exposed to …

How One Agent Adopted a Nonprofit Niche

Phillip Hawley, president of Hawley & Associates in Bellevue, Wash., understands the power of referrals in the nonprofit insurance world. His entire agency’s book of business took root with nonprofit referrals – one right after the other. Hawley began his …

How to Serve Today’s Nonprofit Insurance Market

Nonprofits are a lot like most insurance clients. They seek trusted and consultative relationships with their agents, brokers and carriers. They seek partners that understand their mission. But they also seek agents who understand in what ways their needs differ …

Technology Helping Adjusters More Quickly Identify Legitimate Claims

The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Corey Chernett, chief executive officer …

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