Markets
Added Protection or Opportunity Lost? New Independent Contractor Rule Issued
The U.S. Department of Labor on Jan. 9 issued a final rule, more than a year in the making, on the definition of an independent contractor. First proposed in October 2022, the rule provides guidance ...
Specialty Insurer RLI Ranks Among Best Places to Work: Glassdoor
Listed between technology companies Google and Cisco Systems, Peoria, Ill.-based RLI Corp. is among 100 large U.S. companies being recognized by Glassdoor as one of the best places to work in 2024. ...
When Higher Pricing <> Underwriting Profit or Double-Digit Returns
In spite of premium increases that primary insurance carriers will record for 2023, the U.S. property/casualty industry as a whole won't report an underwriting profit or a double-digit return for the ...
North Carolina Home Insurance Premiums Could Rise by 42%
Another round of setting homeowner insurance policy rates in North Carolina has begun with the industry seeking a 42.2 percent average statewide premium increase that would begin in the summer. The ...
CMT Study Reveals Significant Link Between Telematics Program Engagement and Crash Reductions
User engagement in telematics programs plays a crucial role in reducing road risk, reveals a new study from Cambridge Mobile Telematics (CMT).
How Loggerhead Moved to Snap Up 110,000+ Progressive Policies in Florida
In early 2021, former executives with the Auto Club Insurance Co. of Florida, affiliated with AAA, decided to form a new property insurance company in Florida — even ...
NCCI: Shifting Workplace, Workforce and Costs Are Top Concerns for Workers Comp Execs
A new survey finds ratings data, changes in the workplace and workforce, medical inflation, and economic uncertainty are top-of-mind concerns for workers compensation insurance executives. The ...
More P/C Carriers With Less Surplus: Aon Ward Analysis
As we head into 2024, many property/casualty companies are primed to grow their businesses, but not all have adequate levels of surplus to support premium growth, an Aon Ward executive said during a ...