When shopping for insurance, consumers are often unaware of a critical distinction in how policies are sold: the difference between independent agents and captive agents. While both play essential roles in the insurance ecosystem, understanding what sets t...
5/27/2025
The insurance industry has always been closely tied to macroeconomic trends, but in 2025, that connection is being tested in unprecedented ways. Persistently high inflation, soaring reinsurance rates, and increased exposure to catastrophic events are pushi...
3/21/2025
In early 2025, President Donald Trump implemented a series of tariffs targeting major U.S. trading partners, including Canada, Mexico, China, and the European Union. These measures encompass a 25% tariff on imports from Canada and Mexico, a 10% tariff on C...
3/6/2025
Insurance is often considered a complex, jargon-filled necessity, something people purchase hoping they’ll never have to use. While it might seem like a purely rational decision, the reality is that emotions, biases, and behavioral tendencies heavily influ...
12/18/2024
Balancing work and personal life can be challenging for anyone, but insurance field adjusters face unique obstacles. The demands of the job often involve long hours, extensive travel, tight deadlines, and high-stress situations. While the career can be rew...
11/25/2024
In the past decade, social media has transformed the way individuals communicate, share information, and interact with the world. For attorneys specializing in insurance defense, this shift has created both opportunities and challenges that were previously...
8/21/2024
In today’s fast-paced and technologically advanced world, the insurance industry has embraced modern technology to enhance efficiency and accuracy. Insurance adjusters, who play a critical role in assessing claims, have significantly benefited from these a...
6/18/2024
Insurance fraud is a persistent and costly problem, affecting the profitability and integrity of insurance companies and resulting in higher premiums for policyholders. For insurance defense attorneys, combating fraudulent claims requires a multi-faceted a...
5/22/2024
In the intricate landscape of insurance claims and lawsuits, expert witnesses play an indispensable role. These professionals bring specialized knowledge and expertise to the table, assisting insurance carriers in navigating complex legal challenges. From ...
4/18/2024
In the intricate world of insurance, where risks are calculated, premiums are set, and policies are issued, the role of insurance underwriters stands out as paramount. While their work primarily revolves around assessing risks and pricing policies, their s...
3/18/2024
In the realm of insurance claims, disasters and unforeseen events can have profound impacts on individuals, businesses, and communities. As frontline responders, insurance adjusters play a critical role in assessing damages, facilitating claims, and aiding...
2/20/2024
In the ever-evolving landscape of the insurance industry, independent insurance adjusters find themselves at the forefront of technological advancements that are reshaping the way claims are assessed, documented, and communicated. The integration of cuttin...
1/18/2024
Climate change is not just an environmental concern; it's a force reshaping the landscape of insurance claims. Insurance defense attorneys find themselves at the forefront of this evolving terrain, facing new challenges and complexities as the impacts of c...
12/19/2023
Insurance defense attorneys play a pivotal role in ensuring fair and efficient claims handling for their clients. Navigating the complexities of insurance law requires a strategic and informed approach. In this article, we will explore key claims handling ...
11/21/2023
The role of an insurance adjuster is dynamic and challenging, as it requires assessing complex insurance claims, understanding evolving regulations, and staying up-to-date with industry trends. In this rapidly changing landscape, continuing education for i...
10/18/2023
In the dynamic world of insurance, Managing General Agents (MGAs) serve as vital intermediaries between insurance carriers and independent agents. Their role involves not only underwriting policies but also managing and mitigating risks effectively. In thi...
9/18/2023
In the dynamic landscape of the insurance industry, Managing General Agencies (MGAs) have emerged as strategic partners that offer a range of invaluable benefits to insurance companies. These specialized intermediaries play a crucial role in enhancing dist...
8/18/2023
The insurance industry, like many others, has been significantly transformed by technological advancements and innovative solutions. These innovations have revolutionized various aspects of insurance, from underwriting and claims processing to customer exp...
7/18/2023
Claims automation in the insurance industry refers to the use of technology and automated processes to streamline and expedite the claims handling process. It involves leveraging various technologies such as artificial intelligence (AI), machine learning, ...
6/19/2023
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6/19/2023
Insurance defense attorneys are legal professionals who represent insurance companies in cases where their clients have been sued for various reasons. They specialize in defending insurance companies against claims made by their policyholders or other part...
4/12/2023
The Federal Deposit Insurance Corporation (FDIC) is a government agency in the United States that was established in 1933 in response to the widespread bank failures during the Great Depression. The FDIC's mission is to insure deposits at banks and savings...
3/17/2023
Strange and unusual weather has been common in California in the last five years. Dry periods have created the opening for massive forest fires, which have destroyed homes and caused lost lives, and now flooding is devastating the state. Residents in Calif...
1/17/2023
In a much-anticipated and likely far overdue move, the UN has announced that it has launched a new insurance system that will allow for swift financial aid when national disasters happen due to the effects ofclimate change. The insurance program is called ...
12/20/2022
As the Florida hurricane season is starting to pick up, insurance companies and insureds alike are concerned about further rate hikes burdening an already floundering insurance structure. It’s no secret that insurers in Florida are struggling to care for t...
11/15/2022
It is no secret that Florida’s home insurance sector has never been in more trouble. According toNBC Miami, 12.8% of occupied Florida homes don’t carry housing insurance. This is twice as many when compared to the national average. Skyrocketing insurance p...
10/14/2022
Flood insurance is one of those items that many people are forced to have in place for their home if it is located in a location that is on a historical flood plain or near a body of water. No one really expects ever to have to use this policy. Most homeow...
9/1/2022
Various states are currently experiencing a new crisis that likely no one saw coming. The crisis is not a natural disaster, an issue to do with public health or even a new social concern. Instead, the issue that has escalated toward the state of crisis is ...
8/15/2022
Insurance is one of those things that everyone grumbles about paying for, but then when it is really needed, we are all grateful that we have it. There are many things that we can opt to insure such as jewelry and art, but there are other things that we ar...
7/27/2022
Everyone pays for their insurance almost out of habit. We know that we are required to have it and we pay for it in the hopes that we don’t have to use it. But what if your insurance company fails and there are no options to replace it? What do you do to f...
6/29/2022
The US tornado season is often a time of worry and increased claim numbers for all insurance companies. There is nothing more unpredictable than a tornado, and the season, which runs from March through June, can see many major incidents or just a few scatt...
5/17/2022
Inflation is a general increase in the level of price of an economy. It indicates a reduction in the purchasing power per unit of money. On the other hand, insurance is an arrangement undertaken by a company or state to provide an assurance of compensation...
4/8/2022
As our world grows increasingly technology-driven, taking the business and commerce arenas along with it, the need for a response from the insurance industry increases. With larger amounts of money changing hands online and nearly all personal data and ide...
3/3/2022
When a family is taking shelter from an impending tornado, figuring out how to handle adjusters and insurance carriers after the damage is done is likely at the bottom of their priority list. However, after surviving such an ordeal and looking upon the dam...
12/27/2021
The 2021 United Nations Climate Change Conference, more familiar to most as COP26, recently concluded, with most of the world’s nations committing to find ways to reach net-zero carbon by 2050. While much of the discussion focused on the practical aspects ...
11/9/2021
Recent years have proven enormously challenging for nearly every industry, and insurance is no exception. Companies grappled with unexpected transitions to remote workforces as governments worldwide instituted lockdowns to address the COVID pandemic. Suppl...
10/19/2021
2021 has already proven to be a more active Atlantic hurricane season than expected, with 14 named storms and eight weeks still to go till the November 30th end date. It's already been a year much like that of 2020, as above-average storm activity continue...
9/14/2021
On July 2, 2021, a dental practice's appeal in federal court regarding its business interruption claim due to COVID-19 was dismissed. Some industry experts believe this could be an important precedent that will help insurers successfully fight policyholder...
8/24/2021
The impact of climate change has affected every market sector you can imagine. Still, insurers are feeling a two-fold pinch from addressing this risk and the ever-changing industry regulations designed to combat it. To better understand how insurance compa...
8/5/2021
Cybersecurity efforts with the insurance sector have faced many of the same struggles and demands as other industries. While the same cyberattack techniques have been used by criminals wanting data to hold ransom, insurers are especially at risk because of...
6/24/2021
Florida Office of Insurance Regulation (FOIR) announced that insurance rate increases up to 33% would be approved in 2021 because of the market hardening statewide. Carriers have requested significant hikes in home insurance premiums in the double digits t...
5/20/2021
Being lauded as one of the costliest winter weather events in Texas History, the February freeze that struck the Lone Star State has billions in claims piling up quickly. It is expected there will be over a million insurance claims submitted because of the...
4/21/2021
2020 has been quite the year, and especially so on the insurance front. Besides the obvious and ongoing pandemic and the challenges it brings, we also saw record-breaking activity this Atlantic hurricane season that was true to many predictions. With a st...
12/10/2020
Cyber breaches have always been there, just below the surface. But looking over the past decade it is clear that their scope and scale have escalated. All day, every day, malicious online actors are working to breach networks – both yours and your vendors’...
11/11/2020
As technologies continue to grow and thrive the insurance industry will increasingly see changes on this front. Insurtech–the use of technology to enhance insurance operations and the customer experience–is already in wide use when it comes to insurance un...
10/14/2020
In the wide world of insurance claims and litigation management, details will vary wildly from one case to the next. Novel situations will arise and sometimes the facts can be tricky. But no matter the complexity, there are some basic operating procedures ...
9/18/2020
If you are an insurance industry professional, you know that there’s an inherent perception gap between what you may think you’re offering clients and what they think they’re receiving. A recent study commissioned by Nationwide examines the extent to which...
8/24/2020
Before anyone worked in the insurance world, they were insurance customers. The same holds true for so many industries –– everyone is a customer at some point. That’s why stellar customer service can set one company apart from competitors. It truly is a ba...
7/15/2020
The United States is still caught in a plateau of the ‘first wave’ of coronavirus infections and deaths. But the passage of time and lifting of restrictions have many of us looking to get back into some sort of routine – working from home, mask wearing, an...
6/22/2020
As if a global pandemic wasn’t tricky enough, April 2020 brought near record-setting numbers of tornadoes. The National Weather Service Storm Prediction Center reports that preliminary numbers bring last month’s total to 351. As far as Aprils go, that’s se...
5/13/2020
Long before a new and deadly virus swept the world, predictions had already been circulating that the 2020s would be the dawn of a new era in remote working. Then, it was a product of the evolution of the workforce and coalescence of technology and possibi...
4/22/2020
In a mere three months’ time, the world has been upended. The novel coronavirus known as COVID-19 is now at large on our shores and we’re hearing dismal projections in every sector imaginable. While it likely isn’t anyone’s first thought, there is one aspe...
3/25/2020