Allstate rejects $332K appraisal award despite accepting hail damage claim process.

New Mexico homeowners Nickolaus and Crista Wiegel are taking legal action against Allstate Vehicle and Property Insurance Company after a hailstorm damaged their home in Clovis. The couple claims Allstate mishandled their insurance claim, rejecting a significant portion of the payout despite an appraisal panel awarding them over $332,000. The trouble began on May 24, … Read more

Holiday Season Agent Playbook: Transforming Risk Prevention into Meaningful Client Interactions

As the holiday season draws near, insurance agents have a unique chance to help homeowners prevent common risks that often lead to costly claims. With colder weather setting in and homes buzzing with decorations and cooking, fire and water damage claims tend to spike. However, many of these problems can be avoided with simple, low-cost … Read more

Insights from Executive Kayla Works

Kayla Works, an underwriter at UNUM, shared her thoughts on the current state of the insurance industry in a recent episode of the Executive Insights series, produced in partnership with the National Association of African Americans in Insurance and Finance (NAAIA). In the interview, Kayla discussed how the economy is shaping the industry, the importance … Read more

Approval granted for $7.4 billion OxyContin opioid settlement

A federal bankruptcy judge has approved Purdue Pharma’s new $7.4 billion plan to settle claims linked to the company’s role in the opioid crisis. This decision could change how large-scale lawsuits and insurance claims are handled in cases like this. The settlement aims to end a legal battle that has lasted six years and is … Read more

"A Snail’s Pace: Brokers and Agents Speak Out on the Slow Technological Progress in Commercial Lines"

Oscar Seikaly, CEO of Florida’s NSI Insurance Group, says the commercial insurance sector is still stuck in the past, dragging down brokers and agents who want faster service. Despite years of digital upgrades in the insurance world, commercial lines remain slow and manual, causing frustration across the industry. Seikaly pointed out that while personal insurance … Read more

Insights from Executive Jenee Green

Jenee Green from AMH Group Insurance and Risk Management shared fresh perspectives on the insurance industry in a recent interview with IBTV, in partnership with NAAIA. She spoke about injecting new energy into the field and addressed some of the resistance faced by diversity, equity, and inclusion efforts. Green’s conversation shines a light on the … Read more

The Emergence of Megaprojects: Why Construction’s Expanding Scope Requires Greater Efforts from Brokers and Carriers

The construction world is seeing a boom in massive projects worth billions of dollars. These huge builds, which can take years and cover large areas, are pushing the limits of what builders and supply chains can handle. This surge is driven by heavy spending on infrastructure, a rush to build data centers, and new projects … Read more

Report reveals that insufficient leader communication is intensifying AI anxieties.

A new report reveals that many employees feel left out of conversations about how artificial intelligence (AI) will affect their jobs. The study, conducted by Mercer and involving over 8,500 workers worldwide, highlights a big communication gap between leadership and staff. Most employees say their CEOs, HR leaders, and even direct managers rarely discuss AI’s … Read more