Industry News

​A new law​ taking effect in New York on January 28 puts new restrictions on homeowners insurance carriers. They cannot:Refuse to issue or renewCancel, orSurcharge a rate or premiumbased solely on the breed of a dog in the household. Carriers may still:​Exclude coverage for liability losses caused by a dogImpose a sub-limit of liability for dog-related liability lossesTake any of the prohibited actions if a court has declared the specific dog in the household to be dangerous. We have been told that this is a rare occurrence. The law applies to homeowners and renters insurance policies. It also applies to commercial policies insuring one- to four-family dwellings…

​OSHA Withdraws Private Company Vaccine-Or-Test ETSA federal vaccination mandate aimed at requiring companies with more than 100 employees to have staff vaccinate or test weekly for COVID-19 is off again as the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) is withdrawing its temporary vaccination and testing emergency standard (ETS).Anthem Offers Verdict on Covid CostsAnthem Inc. said medical costs in 2022 will still be elevated due to COVID-19, a sign that the pandemic will continue to cast a shadow over the health industry as it enters its third year.Progressive Insurance Hit by Massive Slump In Net IncomeProgressive Insurance's performance in December 2021 took…

​​Employers Fear Long-Term Liability From 'Take-Home' COVID-19 LawsuitsAs COVID-19 cases surge in the United States, businesses say they fear a California court ruling has increased the likelihood that companies will be sued for infections, even by people who are not employees or customers.The Road to Recovery – Dealing with Capacity After a Year of HurricanesThe rippling effects that hurricanes such as Ida have had on surrounding states, has left insurers desperately trying to figure out how to minimize losses in 2022.Keys to Securing Your Computer Network and Insurance DataAlways a pressing challenge, the security of your insurance business' computer network is facing an even greater threat…