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Insurance Tips and Guides
Study Shows California Heat Standard Reduced Work Injuries on Hot Days
California’s worker heat standards led to fewer work-related injuries on hot days, a new study from the Workers Compensation Research Institute found. The WCRI study, Impact of California’s Heat Standard on Workers’ Compensation Outcomes, measured how California’s heat standard impacted …
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California Department of Insurance Taking Actions Against Tesla Over Claims Handling
The California Department of Insurance launched enforcement actions against Tesla Insurance Services Inc. and Tesla Insurance Company companies for allegedly failing to adequately handle hundreds of California automobile policy claims. The actions are also aimed at State National Insurance Company. …
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Agent Has No Duty to Tell Insured of Pending Nonrenewal: Connecticut High Court
A Connecticut insurance agent has no duty to inform clients that their home insurer intends not to renew their insurance policy, the state’s high court affirmed in a case where the homeowners argued their long relationship with the agent created …
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Gallagher Sues Two Former Brokers Who Started Their Own Firm
By Andrew G. Simpson Global insurance broker Arthur J. Gallagher is suing two former employees who left to start their own New York brokerage firm for allegedly soliciting Gallagher clients and using confidential information in violation of their employment agreements. …
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Tips to Make the Most of Carrier Relationships
I remember talking with an agency owner a few years ago who had gotten upset with an insurance carrier with whom they were working. This has been a frequent occurrence in the last few years as the hard market has …
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What to Consider When Building Insurance Programs for Aging Properties
In July 2021, after the collapse of the Champlain Towers South in Surfside, Florida, the city of Miami ordered structural inspections of all buildings over 40 years old. Since then, two other condominium buildings have been deemed unsafe and evacuated. …
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Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards
By L.S. Howard The exponential growth of liability claims costs and social inflation in the United States is being driven, in part, by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs …
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Why Remote Hires Can Be Your Agency’s Best Recruiting Solution
Before I make my case about the value of remote hires, it’s important to acknowledge the reasons agencies, large and small, tell me they don’t want to hire remote employees. 1. “I had a bad experience.” 2. “Remote employees don’t …
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J&J Must Pay $966M After Jury Finds Company Liable in Talc Cancer Case
By Diana Novak Jones A Los Angeles jury ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest lawsuit alleging its baby powder products cause …
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