Summer is Here — Preparing for Wildfires
Though summer doesn't officially begin until late June, in the minds of many Memorial Day weekend always marks the beginning of summer. And summer a very dry Western U.S. means wildfire and this summer wildfires may set records. Insurers — especially in California — have put out an intense public relations campaign to see if the tide can be stemmed.
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Dodd-Frank Reform Out of Senate Banking Committee
Senate Banking Committee Chairman and Alabama Sen. Richard Shelby wants to reform the Wall Street Reforming Dodd-Frank Act. His proposal is the Financial Regulatory Improvement Act of 2015 and insurance is part of the bill.
Insurers have been lobbying for these some of these changes since Dodd-Frank went into effect in 2010.
Punctuality: A Timely Article about Being on Time
Some still think it's fashionable to be late. If you're one, it's wrong thinking. These days arriving late at a function is considered rude. When it comes to work-related functions, like meetings, appointments or interviews, being late can be seriously detrimental to your career and to relationships you need for your career.
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First Quarter: Organic Growth
Reagan Consulting's Organic Growth and Profitability (OGP) Survey for the first quarter of 2015 has been released. The quarterly survey of independent agents and brokers checked in with 130 mid-size and large agencies and brokerages.
Two PIA Western Alliance States Among 10 Best States for Business
The PIA Western Alliance states of Arizona and Nevada are ranked eight and nine in a list of the best states in which to do business in 2015. The listing was released a week ago in a study titled Best and Worst States for Business by the CEO-based magazine Chief Executive.
Risk Managers: Let's Better Manage Gaps in Coverage
A revealing survey was taken at Advisen's Casualty Insights conference a couple of weeks ago. The conclusion is that 70 percent of risk managers are "very satisfied" with the casualty insurance programs available to them. But 20 percent say there are gaps in coverage they can't fill.
Business Risk: Cyber Climbs to Number 2
The annual Travelers Business Risk Index is out. To no one's surprise — says Travelers' EVP for Business Insurance Michael Klein — cyber risk is rising and is now the second biggest concern for business after medical cost inflation. Employment benefits are third.
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Employees: Happiness Beats Salary
In the rock, paper, scissors reality of employees, happiness and contentment beat salary and advancement. Or so says a survey done by the Manpower Group's Right Management. The survey found just 10 percent of employees define career success as high performance and productivity. In fact, close to half rank work-life balance as their career goal.
An Economic Recovery Sign? Home Prices Up
Home prices are on the rise in 85 percent of the nation's metro areas. The first quarter statistics are the best in seven years and they're pushed by low mortgage rates and a labor market that is growing stronger.
Is ObamaCare Helping? Health Care Costs for a Typical Family
The latest project for the consulting and actuarial firm Milliman is an analysis of health care costs for the American family. No one is surprised at all when the company said the average family of four will spend 6.3 percent more in 2015 than it did in 2014.
Around the PIA Western Alliance States
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