By Robert H. Wilson Workers’ Compensation, as an industry, has a marketing problem. It is probably better described as a messaging problem. It has long been true that the industry has been broadly defined by the negative stories that find their way into local and national press publications and media outlets. We have been generally
Industry Trends
by Jonel Thames Leake, CPCU, ASLI, AAI, CPIW, DAE, CLP The trust paperwork is signed, and all your assets have been transferred into your trust. Estate planning has commenced. If you haven’t set up a trust or if you don’t plan on setting one up, your estate planning may consist of making sure your beneficiaries
by Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE Having a roof over your head is one of life’s basic necessities. While essential, a roof can also be the cause of claims and problems. The roof is often the first defense against the elements, and a key to the structural integrity of the entire building.
By: Jonel Thames Leake, CPCU, ASLI, AAI, CPIW, DAE, CLP Let’s gather information by crowdsourcing.Join a mastermind group.We should brainstorm.Make sure you avoid group think. I bet you have heard one or more of those statements in the past several months. These terms have become buzzwords in today’s business world. Have you ever wondered what
An industry that is too important to fail suffered claims of almost $7 billion in 2021 and now looks to take the lead in reducing client risk By Stephen Moramarco The cyber insurance industry, battered by a seemingly unending onslaught of claims, is reaching a breaking point. According to the FBI’s latest Internet Crime Report,
When Paul Davis adopts new technology after careful scrutiny and testing, the company counts on that technology to make significant impacts. They expect it to speed project completion, for example. Or improve communications. They count on it to manage costs, advance partnerships or improve customer satisfaction. Rarely does a technology significantly improve all these areas
By Sue Quimby CPCU, AU, CIC, CPIW, DAE MSO, Inc. Human trafficking is a worldwide problem, impacting millions of men, women and children over thousands of years. In the United States, California, Texas and Florida have the most trafficking cases. India leads the world in human trafficking cases with approximately 14 million victims. Forbes has
Brenda McDermott, CPCU, SCLA, ARM, AIDA, AIC, CIIP The accomplishments of so many talented athletes at the 2022 Winter Olympics have unfortunately been overshadowed by the alleged actions of one young skater who has been accused of cheating by testing positive for a banned substance. Adding to this allegation is the long history of her
Keri Herlong, CPCU, CIC, CRM, CISR, ACSR, AIM, CIIP, CLP, DAE Do you feel like a fainting goat trying to understand what people mean by “1099 employee”? Relax! This blog was written to keep you from keeling over when trying to determine what this means to policyholders versus what it means to your commercial lines
By Dr. Claire Muselman The workers’ compensation industry needs a serious pep talk. Many have lost sight of the original intent of workers’ compensation, to take care of the injured worker. When messaging is added in from the outside world, it appears that everyone is against the injured worker or out to get them, especially