For the 19^th consecutive year, Gibson has earned Best Practices status from Independent Insurance Agents & Brokers of America (IIABA).

Employers with poor loss histories will pay even more for their workers' comp coverage starting next year as most states change the way premiums are calculated.

Most industries are cyclical to some extent, and insurance is no exception. As an insurance buyer, it's important to know what factors determine the cost of coverage. But understanding the market cycle is only half of the pricing equation: since you can't control the market, it's equally important to know what you can do to ensure you are always securing the best price - whatever market conditions prevail.

As companies outsource more and more IT and data processing tasks it's important to consider data security and indemnification for losses resulting from service interruptions or data breaches.

In December of last year, the Michigan state legislature enacted major reform to the state’s workers’ compensation law. We’d covered a few highlights of the legislation in a recent post and would like to call out one provision in particular that may have a major effect on claims – the new rules for what constitutes a “degenerative” condition and a “disability”.

Treatment of ‘degenerative’ and ‘disability’ under the new Michigan workers compensation law

A difficulty exists for insurance companies to defend ANY pollution exclusion that exists on the general liability policy due to language ambiguity. It is fair to say that policyholders might incur legal costs to force an insurance carrier into submission. Right now, in our opinion, the courts will lean toward siding with the policyholder in the State of Indiana. It is a very interesting situation. We are also anticipating some changes to the ISO Pollution Exclusion Form as a reaction to this latest ruling.

New Year's Eve is a night of festivities to celebrate the coming year. Our advice is always to make safety a priority. Whether you're staying in and celebrating with friends and family, or traveling to a party or city bash, following a few tips can keep you safe and sound when the clock strikes midnight, ringing in the new year!