Industry News

Trends That are Reshaping the Insurance MarketIt's no secret that advances in technology have pushed those in the insurance industry to make major changes and a recent 2022 analysis explores four major trends insurers may see as we enter the new year.Berkshire's Candymaker Must Face Worker's Suit Over Husband's COVID DeathA California candymaker must face a lawsuit by an employee who says she caught COVID-19 at work and gave it to her husband, resulting in his death, a state appeals court held on Tuesday, upholding what appeared to be the first ruling allowing a worker's lawsuit against an employer over a family member's COVID death.Tornadoes…

​Contribute to Kentucky Agents FoundationHelp fellow agents in Western Kentucky by contributing to areas of need during this difficult time. 100% of these tax-deductible funds will be allocated to instant relief for the services and needs in Western Kentucky (tax ID number is: 30-0553110).Donate to the Trusted Choice Disaster Relief FundAlternatively, you may make a donation to the Trusted Choice Disaster Relief Fund, which is also supporting agents in need.Source

​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…