ALL IN. An all industry project in which the Insurance Advocate is involved, was launched with great success in October as more than 250 people met in Chicago for our first recruitment event, bringing people into the insurance business directly and with no special reference other than our encouragement. Kudos to Business Insurance and its […]
We have owned and published the Insurance Advocate for 39 of its 172 years – established as it was in 1889 in New York after being introduced originally in 1853 in Philadelphia. It has been – remarkably – and continuously published for those many years and will continue over the years ahead, regardless of the […]
O One thing Demotech does not have is a PR agency nor, given its size, nor does it have the ability to teach writers about its proven, time tested traditional processes and numerous wins for insurers….. and for distressed area homeowners in the most troubled of US markets. So when rather clumsily written articles appear […]
The share of U.S. physicians working in private practice continues to decline, dropping from 60.1% in 2012 to just 42.2% in 2024, according to the American Medical Association’s latest Physician Practice Benchmark Survey. This trend reflects the growing influence of hospitals and corporate entities over the U.S. healthcare delivery system and presents an ongoing challenge […]
A new report just out tolls total fees and commissions earned from insurance broking activity in 2024 at USD 180 billion. The market appears to have consolidated further during 2024. Close to a half of the world’s top 500 broking groups are headquartered in the US and over 85% of them are privately-owned. Sound right? […]
It is with deep sadness that we mark the passing of Walter J. “Walt” Gdowski, age 78. A Trenton, New Jersey native, Walt moved to Carmel, Indana where he developed Rough Notes magazine. Walt was born in August 1946 to Walter and Margaret Gdowski. Just after graduating in 1964 from Ewing (N.J.) High School, Walt […]
The CIBGNY has called upon agents and brokers to lend immediate support to repeal an outdated and burdensome regulation affecting NYC property owners. The Anti-Arson Application requirement, implemented in 1984, continues to create unnecessary work and risks for our clients despite no longer serving its original purpose, CIB states.. The following is from a CIB […]
For as long as I can remember, insurance agents have been given advice from other agents, so-called experts who have been agents, and other experts, who are just self proclaimed experts. Most of them deal with aspects of management. How many Seminars have you seen advertised about time management? 100 200.? it is the same […]
Defendant Found “Not Liable” for Worker’s Electric Shock Claim Defendant Found “Not Liable” for Worker’s Electric Shock Claim Here is a surprise for WC professionals: a New York appellate court upheld a finding of no liability for the defendant on a worker’s claim for alleged injuries from a static electrical shock. Mario Saraiva allegedly suffered […]
Standard auto insurers continue their efforts to recover from the unprecedented losses they experienced during COVID-19 due to spikes in catastrophic insurance claims and increased vehicle repair costs. As a result, US drivers have experienced the largest rate increase seen in nearly 50 years, including less risk-prone collector car owners. While “Bundle and Save” programs […]
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