The workers’ compensation system overall is healthy and strong. The sector has seen long-term frequency declines for multiple decades with moderate severity of claims costs for at least the past decade. That’s according to NCCI’s chief actuary, Donna Glenn, who …
What is a mastermind group? A mastermind group is simply an alliance of two or more individuals dedicating themselves to a specific goal. It is a way to get all the knowledge, expertise and connections needed to achieve a goal. …
At the heart of healthcare liability insurance lies the intricate realm of medical malpractice. Demanding a profound understanding of both the product and the healthcare sector, this specialized field is cultivated through years of medical malpractice broking and underwriting experience …
The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation’s Gross Domestic Product (GDP) and are expected to gain further momentum in the event of Federal Reserve monetary rate cuts, according to the Å˽ðÁ«´«Ã½Ó³» …
When construction accidents happen in the United States, the worker often takes the blame. Companies often ask: “What did the worker do wrong?” according to safety expert TJ Lyons. Lyons believes a better approach is to eliminate the practices that …
Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it has been in past years. Travelers noted the pandemic triggered a new wave of dangerous habits. The 2024 Travelers Risk …
In the insurance industry, competition can be fierce and consumer trust is paramount. Å˽ðÁ«´«Ã½Ó³» executives face a unique challenge: standing out as leaders in a sea of expertise. Thought leadership and personal branding offer potent tools for insurance executives to …
The first quarter Small Business Index, which measures small business owner confidence, is 62.3 – similar to last quarter’s score of 61.3 – reflecting a stable business climate. More small businesses see an improving economy, which drove the headline score …
New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented oversight role that is likely to trigger lawsuits and affect rates and capacity. The Workplace Violence Prevention Bill SB 553, …
New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more costly and increasing repair times, trends that a new report asserts are ‘reshaping’ the industries. The bottom-line message: Newer vehicles …
