Industry Roundup: Staggering Cost of Covid-19’s Impact on US Workers’ Compensation Revealed; Upcoming Revision to ISO’s Homeowners Program; How to Make Your Insurance Agency Future-Ready in 2022; 2021 Insurance Fraud Hall of Shame
Staggering Cost of Covid-19'S Impact on US Workers' Compensation RevealedNational Council on Compensation Insurance (NCCI) has reported that 45 jurisdictions were analyzed and represent $630 million in incurred loss dollars, across some 80,000 COVID-19 claims last year.Upcoming Revision to ISO'S Homeowners ProgramTaking effect March 1, 2022, ISO is filing changes and updates to many of the homeowners forms, as well as withdrawing and introducing new endorsements in all jurisdictions where ISO files effective dates.Increased Attention on Intellectual Property Creates New ExposuresThe commercial upheaval caused by COVID-19 has prompted businesses in many sectors to analyze their existing revenue streams and one area that has come under…