Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=826467&issueID=96947 to view the full article online.
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Despite increasing climate-related catastrophes like floods, 59% of U.S. adults won't reconsider flood insurance. Misconceptions persist, with only 14% of homeowners having flood insurance and many mistakenly believing their existing policies cover flood damage.
Visit https://www.independentagent.com/tft/Lists/Posts/Post.aspx?ID=951 to view the full article online.
Twenty-one former General Assembly members have registered to lobby their former colleagues in the 2023-24 lobbying year so far. Click the link below to view the full list.
Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=826466&issueID=96947 to view the full article online.
The U.S. Department of Labor has issued a new rule under the Fair Labor Standards Act, changing the standard for determining employee vs. independent contractor status. The rule favors a broader analysis and may lead to more workers being classified as employees.
Visit https://www.iamagazine.com/news/dol-issues-new-worker-classification-rule? to view the full article online.
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The Francis Scott Key Bridge collapse in Baltimore is expected to burden reinsurers, particularly those covering maritime liability through P&I clubs. Reinsurers may bear most insured costs, potentially surpassing $100 million, with implications for various insurance lines.
Visit https://www.insurancebusinessmag.com/us/news/reinsurance/bulk-of-baltimore-bridge-collapse-cost-falls-on-reinsurers--am-best-482931.aspx to view the full article online.
After taking a sharp hit at the start of the pandemic, small business formation has rebounded, giving insurers an opportunity to target new customers. This is where the ISO Businessowners program can help, with nearly 60 new, optional endorsements, revisions to dozens more, and updates to the base form.
Visit https://www.independentagent.com/vu/Insurance/Commercial-Lines/BusinessOwnersPolicy/ISOBOPProgamEnhancements.aspx to view the full article online.
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Rising insurance costs prompt interest in smart home devices for property protection. Studies show 33% of households would switch insurers for access to discounts on smart devices, which can prevent fires and burglaries and enhance overall safety.
Visit https://www.propertycasualty360.com/2024/03/27/smart-home-devices-may-lure-insureds-to-new-insurers/ to view the full article online.
Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=826482&issueID=96947 to view the full article online.
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Effective leadership is essential for organizational success in today's dynamic and fast-paced business environment. However, even the most experienced leaders can encounter challenges and areas for improvement in their leadership skills. This is where leadership coaching comes into play, offering a personalized and transformative approach to leadership development.
Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=826436&issueID=96947 to view the full article online.
Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=826475&issueID=96947 to view the full article online.
Designed for both newly licensed producers who may not have the commercial lines background level of your current staff.
Visit https://eoguardian.com/commercial-producer-onboarding to view the full article online.
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Insurance agents’ website and marketing collateral wording continue to generate errors & omissions claims. Few copywriters or social media mavens understand insurance law, let alone the standard of care courts hold agents to in their jurisdictions. This article from the Big "I" Virtual University can help.
Visit https://www.independentagent.com/vu/Agency-Management/E_O/BatesWebsiteSafety.aspx to view the full article online.
The harsh reality of unprecedented losses and unprofitability in homeowners and auto insurance means the extra protection provided by personal umbrella coverage is growing more and more necessary.
Visit https://www.iamagazine.com/markets/personal-umbrella-a-look-at-the-volatile-and-growing-market to view the full article online.
The insurance industry faces a growing labor shortage due to increasing job openings and impending retirements. Organizations must adapt their hiring and retention strategies, considering older workers and implementing flexible work arrangements to attract and retain talent amidst the industry's evolving landscape.
Visit https://wahve.com/industry-insights/reality-check-filling-a-growing-jobs-gap/ to view the full article online.
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Visit https://www.naylornetwork.com/via-nwl/pdf/Chris_Berrier_Press_Release.pdf to view the full article online.
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