Last month’s column discussed the reasons to perpetuate a firm, the four common techniques to transfer ownership, pros and cons, and some options for internal perpetuation. This month we conclude with the remaining most popular options used by insurance agencies. …
Perpetuation Planning – Part Two Read More »
By Elizabeth Blosfield As cyber insurance rates have begun to stabilize, insurance carriers are seeking more diversification to fuel their underwriting and growth strategies, according to panelists at this year’s PLUS Cyber Symposium in New York City. “They’re seeking diversification …
By Andrew G. Simpson Dog and other pet owners and insurers in New York are now exposed to increased risk of liability in the wake of a Court of Appeals ruling that allows an injured party to bring an ordinary …
New York High Court Unleashes Expanded Liability for Pet Owners Read More »
Technology is playing a bigger role in entertainment than ever before. Today’s film and television industry is becoming more digitized in production, in particular, with physical risks being replaced by digital risks. “We’re seeing technology increasingly play a more important …
Lights, Camera, Action: New Risks Emerge as Hollywood Goes Virtual, Hunts Tax Credits Read More »
Too many insurance agents lose out on lucrative opportunities by quoting only half of the business available to them. For the typical new agency owner, focusing on personal lines makes sense because it’s easier and more familiar. However, ignoring the …
An Agent’s Guide to Expanding into Commercial Lines Read More »
The relationship between insurance agents, brokers, and carriers is vital to the successful operation of the insurance industry. At its core, this partnership rests on the agency agreement, trust, and clear communication. The Agency Agreement: Defining Roles and Responsibilities The …
Navigating the Landscape of Agency Agreements Read More »
The boundaries between work and home have never been blurrier. The shift to remote and hybrid environments brought flexibility, but for insurers and employers alike, it also introduced a new exposure: harassment claims in the virtual workplace. According to the …
At least four people died and authorities were searching from building to building for people who were trapped or hurt after severe storms including a possible tornado swept through St. Louis. The storms Friday afternoon tore roofs off buildings, ripped …
Severe Storm Batters St. Louis, Leaving At Least 4 Dead Read More »
Four months after devastating wildfires swept across Los Angeles, Edison International’s Southern California utility submitted a $6.2 billion mitigation plan that includes installing hundreds of miles of underground distribution lines, among other measures. The utility plans to make the investment …
Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes Read More »
The widow of an Arkansas airport director who was killed during a Bureau of Alcohol, Tobacco, Firearms and Explosives raid on his home last year sued the agency and several officials, claiming the agency and officers acted recklessly and negligently. …
Widow of Arkansas Airport Director Killed in Raid Sues ATF Over Husband’s Death Read More »
