April 2025
Drowning in the Details? Seven Steps to Overcoming the Urge to Micromanage
By Kate Zabriskie It starts innocently enough. You want to ensure everything runs smoothly, so you check in often. You spot a typo in a presentation, so you fix it yourself. Someone misses a minor detail, and you think, “I’ll just handle it next time.” Before long, you’re reviewing every email, sitting in on every […]
Another View of Micro Management
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 […]
Tokio Marine HCC President Mike Schell Retires After Five Decades in Insurance
Tokio Marine HCC, based in Houston, Texas, announced that Mike Schell will retire from his role as President of the company on March 31, 2025. Barry Cook, CEO of Tokio Marine HCC International, will additionally assume a newly created position of Deputy CEO, effective April 1, 2025. Mr. Schell joined Tokio Marine HCC in 2002 […]
Risk Strategies Appoints Craig D. Simon Managing Director, Private Equity
Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, announced it has hired Craig D. Simon as Managing Director in its National Private Equity Practice. In his role, Simon will be responsible for brokering, servicing, and program administration for clients in the private equity sector. Based in New York […]
Accredited, Howden and Other A+ Rated Reinsurers Leverage Instnt’s AI to Transform Fraud into an Insurable Risk
Groundbreaking Fraud Loss Insurance Solution Redefines Fraud Loss Management by Integrating Proactive, AI-powered Verification and Insurance Protection Against Escalating Financial Risks NEW YORK (March 18, 2025) – Fraud has challenged businesses for decades, costing billions each year, but it no longer has to be an unavoidable cost. Instnt’s first-of-its-kind solution combines insurance-backed protection and AI-led verification […]
The Challenge of Creating Trust in the Workers’ Compensation Medical System
by Bill Zachry, SCIF Board Member 2004-2024 A Crisis of Trust Trust in the medical system has long been a fragile commodity in workers’ compensation. Unlike private healthcare, where patients select their providers and develop long-term relationships with physicians, injured workers often find themselves assigned to doctors they do not know and may not trust. […]
Assignment of Rights
Some Rights May not Be Assigned The Supreme Court, moving in a new direction, considered Arizona case law that generally allows the assignment of unliquidated legal claims except those involving personal injury. The broad prohibition on assignment exemplified the common law view that litigation was vexatious or otherwise socially undesirable. The reasoning was stated by […]
Unsubstantiated Legal Conclusion Defeats Bad Faith Claim
When Common Law Bad Faith Claim Fails so Does Statutory Bad Faith Claims In Cowboy Christian Missions, Plaintiff v. Church Mutual Insurance Company, SI, Civil Action No. 4:24-cv-00057-O, United States District Court, N.D. Texas (March 7, 2025) a bad faith claim was dismissed before trial. Defendant Church Mutual Insurance Company moved the court for Partial Summary Judgment […]
Who’s on First? Insured’s & Insurer’s Burden on Causation
Proof of Accidental Direct Physical Loss Shifts Burden to Insurer on an All Risk Policy Insured Must Prove Actual Loss Causing Peril to Claim on Named Peril Policy In Mark Alan Barger, Jr.; Margie Barger v. State Farm Fire and Casualty Company, No. 24-60178, United States Court of Appeals, Fifth Circuit (March 7, 2025) the difference […]
