March 28
PIA Market Trends Survey: Agents perceive moderation in unrelenting rate and underwriting severity
GLENMONT, N.Y.—The Professional Insurance Agents of Connecticut, New Hampshire, New Jersey and New York State released the findings of their annual Market Trends Survey, conducted through the month of January. Some 200 agents participated in the survey, which has been conducted every year since 2012, after a renovation of the associations’ original “Hard Market Survey” […]
Societally speaking…
We are surrounded by it. Trending, polling and inference taken from it. If a poll says that x number of New Yorkers favor unlimited abortion rights, legal marijuana, assisted suicide and all the rest of the so-called Millenials’ agenda, it is treated as evidence and provides an assumed mandate to some legislators and some social […]
Mysterious Disappearance & Ambiguity: Now You See It, Now You Don’t; CGL Won’t Cover Cyber Liability Exposure; Two Crime Coverage Additions
MYSTERIOUS DISAPPEARANCE & AMBIGUITY: NOW YOU SEE IT, NOW YOU DON’T The mysterious disappearance exclusion is now even more mysterious. It was once commonplace in property “all-risk” forms and some named peril forms added it to theft coverage by saying that mysterious shall be presumed to be due to theft. However, it has disappeared from […]
Where Has Carpal Tunnel Syndrome Gone?
By: Donald R. DeCarlo Carpal Tunnel Syndrome (“CTS”) is a gradual injury that was described as the next crisis in workers compensation claims in the 1990s, and that has fortunately evolved into routine claims with no expected surge. “At its height of diagnosis, anybody showing up at a doctor’s office with wrist pain or hand […]
Who CARES?
It was welcome news to agents last month when Google announced it would withdraw from the online insurance sales business. It turned out Google Compare, the online auto insurance comparison-shopping tool, was not a big hit and after just a year, the search engine said it would fold its price comparison services. According to the […]
Casualty Actuarial Society Surpasses 7,000 Member Milestone, Indicating Continued Growth Into Emerging Fields, Markets
Leading Actuarial Society Expands as Members Tackle Climate Change, Big Data, Cyber Risk Arlington, VA–The Casualty Actuarial Society (CAS) reached the 7,000 member milestone this year with its newest class of Fellows and Associates, with membership consisting of 4,942 Fellows, 2,235 Associates, and 20 Affiliate members, for a total of 7,197 active members. From international seminars […]
Verisk Develops New Tool to Estimate Roof Age for Residential Properties
JERSEY CITY, N.J.—Verisk Insurance Solutions, a leading source of information about property/casualty insurance risk, announces Verisk’s Roof Age solution, which is designed to help U.S. residential property insurers more accurately determine the age of a roof. The new solution was built in conjunction with BuildFax, a leading provider of historical building permit data. Verisk Insurance Solutions […]
The Griffith Insurance Education Foundation Awards More Than $100,000 in Scholarships Throughout 2015
MALVERN, Pa.—Thirty-nine students from twenty-two different undergraduate and graduate programs were selected as recipients of The Griffith Insurance Education Foundation’s 2015 scholarship offerings. This past year’s scholarship funds totaled $106,500 and allowed these students to continue advancing their education in preparation for future careers in risk management and insurance. These scholarships support The Griffith Foundation’s […]
“The Talk of the Town” – You and Your agency
If your agency isn’t all the rave with word-of-mouth referrals, I’m here to tell you that all of your digital marketing efforts are directly correlated to the amount of referrals your agency receives. You may think that’s ludicrous because, traditionally speaking, having outstanding “customer service” is what will drive word-of-mouth referrals. Well, I’m here to […]
