When people are injured at work, they are protected by workers comp. But what happens when a terrorist attack occurs in the workplace? In the 2015 attack by Syed Farook,a co-worker, and his wife, Tashfeen Malik, at San Bernardino's Inland Regional Center, 14 people were killed and 22 more injured. The county is both self-insured and self-administered for workers comp. The survivors, who were in the course and scope of employment at the time of the attack, are covered by the county's comp policy. But it appears that the coverage leaves a lot the be desired.
December is a good month to issue seasonal greetings to your customers. It’s also a great time to remind your customers about winter maintenance and safety issues for home and auto. With a cluster of holidays, there are many opportunities to offer messages seasonal liability and consumer protection tips. These could include reminders to businesses and consumers alike about liquor liability related to entertaining and sober driving promotions. Other reminders that your insureds might appreciate would be tips for home, auto and business storm preparation; winter driving tips; online and offline shopping safety and ID theft prevention. We’ve compiled links to special events to use in your social media campaigns – some offer a good opportunity to create a dialogue about coverage.
Human Resource directors everywhere were braced for a major change in overtime rules that would have affected millions of workers nationwide by increasing the pay threshold to qualify for overtime from $23,660 to $47,476. The change was scheduled to go in effect on December 1, but in an eleventh hour reprieve for employers, a federal judge in Texas issued a nationwide injunction.
If you're in the insurance agency business, you no doubt know the name of George Nordhaus, an industry veteran who has logged more than 40 years in various roles. Today, like clockwork, George produces The Monday Morning Webinar to kick off a fresh week. It's the only free mini-webinar of its kind in the insurance industry. Recently, president of Renaissance Alliance Bruce Cochrane was featured on the Monday Morning discussing the basics of Artificial Intelligence.
Agent-broker organic revenue continued to fall in the third quarter of 2016, according to the latest Organic Growth and Profitability Survey from Reagan Consulting but, despite this, another report indicates that most independent agents are planning "moderate to aggressive" growth over the next five year and have an optimistic outlook for the coming year. Julia Ybarra looks at both reports in Agency Checklists. Here's a summary and links for both.