Keith Daly

The claims trends for personal and commercial auto insurance are not sustainable. It's time we got serious about enforcing distracted driving, slowing down and being more defensive in our driving habits. Tort reform also must continue to be considered at the state level. Inflation surely isn't helping either. It costs everyone, and I know you can feel it when you open up your auto renewal policies.

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In Beryl's Wake: 6 Crucial Ways Insurance Agents Can Support Hurricane Victims As Hurricane Beryl's devastating impact unfolds across Texas, insurance agents find themselves in a unique position to offer vital support to those affected. Our expertise and knowledge can provide much-needed relief during these challenging times. Here are six essential ways we can step up and make a difference: 🚨 Establish Local Emergency Response Centers Set up temporary offices or mobile units in severely affected areas like Houston and Galveston. This visible presence can reassure clients and provide a centralized location for face-to-face consultations and claim filings, which is especially crucial given the widespread power outages. 📱 Provide 24/7 Support Services With over 2.7 million homes and businesses without power, questions and concerns don't adhere to business hours. Offer round-the-clock phone and online support to address urgent inquiries and guide clients on immediate steps. 🔦 Expedite Claims Processing Simplify and accelerate claim procedures for Beryl-related damages. Prepare easy-to-understand guides on filing claims and offer assistance in documenting damage. Consider using technology like drone surveys to speed up assessments, particularly in flooded areas like Harris County. 💰 Guide Clients to Emergency Funds Many policies include provisions for immediate emergency funds. Educate clients about these options and help them access this crucial financial lifeline quickly, which can be especially important for those facing extended power outages and potential heat-related challenges. ⚕ Coordinate with Local Resources Compile and distribute a comprehensive list of local shelters, contractors, and aid organizations. Your network and local knowledge can be invaluable in helping victims find the right assistance, especially in hard-hit areas like Galveston and Deer Park. Offer Post-Disaster Financial and Safety Counseling Beyond immediate claim support, guide long-term financial recovery and safety measures. This could include advice on dealing with mortgage lenders, understanding federal aid programs, and planning for future disaster preparedness. Also, educate clients about the dangers of heat-related illnesses due to power outages and high temperatures. As insurance professionals, our role extends far beyond policies and premiums. In the aftermath of Hurricane Beryl, we have the opportunity to be pillars of support for our community. By implementing these strategies, we not only fulfill our professional duties but also provide crucial assistance during this time of crisis. Remember, in the wake of Beryl's destruction, our expertise isn't just about protecting assets; it's about protecting hope and facilitating recovery. Let's rise to the occasion and show our community the true value of having dedicated insurance professionals in their corner during these difficult times.

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Auto Insurance Fraud is bad for business and causes higher insurance rates for everyone. The recent No-Fault Auto Reforms is tackling this issue head on. #whyismyinsurancesohigh #fraudisbad https://lnkd.in/eVaDHY4s

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Innovative technologies are enhancing vehicle and driver safety—but are also driving up other costs. @ClaimsJournal explores these escalating challenges and details how they are contributing to costlier claims. https://lnkd.in/eH2KCzpg #AlliantPrivateClient #CarInsurance #InsuranceInsights 

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Innovative technologies are enhancing vehicle and driver safety—but are also driving up other costs. @ClaimsJournal explores these escalating challenges and details how they are contributing to costlier claims. https://lnkd.in/gKf7fzGg #AlliantPrivateClient #CarInsurance #InsuranceInsights

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Check it out! My Marsh McLennan Agency #Safety colleagues (and podcasters) are coming to you live from a Waffle House in AR for this episode of Driving the Line. Don't miss this important discussion on safety policy! #MarshMMA #Transportation #Trucking #RoadSafety

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It's no coincidence that #BlackFriday Chicago will be hosted at the historic Wrigley Field. Just as underrepresented communities have shaped the #insuranceindustry, they've also played a significant role in the growth and development of baseball as America's favorite pastime. Baseball's journey began officially in 1846 with the first game played in Hoboken, New Jersey. However, it wasn't until over a century later that the presence and impact of Asian Americans in the sport were formally documented. In 1956, Bobby Balcena, a Filipino American, became the first Asian American to play in the league. Balcena's entry into Major League Baseball (MLB) marked the continuation of an important shift in the public mindset that gained momentum when Jackie Robinson broke MLB’s color barrier on April 15, 1942: the realization that anyone, regardless of their heritage, could play at the highest level. Many may not realize that baseball has long been a beloved pastime for Japanese Americans, dating back to the first-generation Issei immigrants. For them, baseball served as a means to integrate into their new communities and stay connected with other immigrants. As early as the 1920s, leagues composed of Japanese immigrant players emerged in the western United States. One of the most notable issei players was Kenichi Zenimura, The Father of Japanese American Baseball. Zenimura, born in Hiroshima, Japan, was a pioneer in the development of Japanese American baseball. He was key in organizing leagues, games, and even barnstorming tours of Japan, including the Philadelphia Royal Black Giants’ (Negro League) tour of Japan in 1927 and Babe Ruth’s tour of the country in 1934. In recognition of #May as Asian American and Pacific Islander Heritage Month, it's important to acknowledge the legacy of Asian Americans in "America’s Pastime" and other aspects of American society, including the #insuranceindustry. Asian Americans constitute 7% of the United States’ population, with 24 million of them among the 334 million Americans. But only represent 1.3% of insurance agency owners based on the Independent Insurance Agents and Brokers of America's Agency Universe Study. As the demographics of our society continue to shift we must equip our Agents and Agency Owners of Color with the tools and resources to respond. That is why The Black Friday Network and Ako Insurance Consulting, LLC are proud to partner with the Asian American Insurance Network (AAIN) and the NAAIA Chicago Chapter to host #BlackFriday Chicago! If you are an Agent or Agency Owner of Color join us in less than two weeks for networking, carrier appointments, and so much more! Registration Link below: https://lnkd.in/eYQb3nCu 📆: Friday, May 10, 2024 🕘: 9:00 am TO 5:30 pm EST 📍: Wrigley Field, 1101 W Waveland Ave F2, Chicago, IL 60613 #insurance #BlackFriday #insuranceindustry #insuranceprofessionals #agentsofcolor #insuranceagent #AAIN #AAPI #equitableopportunities #americaspasttime #baseball

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#WorkersCompensation relative frequency of burns, spinal cord injuries, and traumatic brain injuries with claims of more than $1 million has grown by nearly 7% per year since 2012. By contrast, large claims for degenerative disc disorders and pain have decreased by 11% per year. Find out more about #severeinjuries in #workerscomp. #TBI #Burn #SoftTissue

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Capital Group Benefits: Unlocking the power of captive data through our comprehensive approach. From risk identification and network guidance to spend analysis and transparent reporting, we dive deep into the numbers to provide you with actionable insights. Our expert team helps you navigate the complexities of captive insurance, guiding you towards cost-effective providers and presenting balanced, cost-saving scenarios. Say goodbye to uncertainty and hello to informed decision-making. We're here to help you maximize the performance of your health insurance captive. Ready to take control of your captive data? Contact us today on LinkedIn to learn more! #captiveinsurance #dataanalysis #employeebenefits #healthinsurance #capitalgroup

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Recent advancements in autonomous technology are set to revolutionize the transportation industry, addressing key challenges like driver shortages and fuel savings. But how can the insurance industry and the public have confidence in the safety of autonomy? Join Leo Grimm and expert panelists on June 5 at 10:30 AM CST at the IRMI Transportation Risk Conference to find out how the industry can move forward with confidence in the safety benefits of automated vehicles. 🚚 Learn more about navigating autonomous trucking risks: https://ow.ly/irQ850S6Hvn #MunichReSpecialty #AutomousTrucking #RiskMitigation

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This article highlights the state of the US workers' compensation market. Results are excellent and appear ready to continue in that vein. #commercialinsurance #workerscomp

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Long claims cycles are a headache for policyholders and insurers alike. J.D. Power's study shows claims are taking longer than ever, leaving customers frustrated. But with AI, insurers can streamline the FNOL process, ensuring faster resolutions and happier policyholders. https://lnkd.in/edxmqg5k

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Cyber incidents can happen to any company, regardless of size or industry. In fact, 52% of Chubb’s reported Cyber claims in 2023 were for companies under $150m in revenue. Discover how Chubb’s holistic approach to risk management can help mitigate risks and protect your business.

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Join SRS for an informative webinar to assist organizations preparing for captive utilization or maximizing the use of your captive for risk management solutions. #captivesolutions

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The insurance industry in Illinois has been exceptionally strong for decades. Insurers have been attracted to Illinois for a wide range of reasons. A healthy and stable marketplace are the driving factors that draw insurers to the state. Legislation that will destabilize the marketplace and drive-up costs for consumers is not the answer. HB 4611 will have an adverse effect on senior citizens as the average senior will see an increase in their automobile rates by $303. Illinois consumers have benefited significantly from auto insurance rates in Illinois, as Illinois is ranked 31st in affordability while being the 7th largest state. Auto insurance rates in Illinois are 23% lower than the national average.  The best and most fair way to price policies is to use a wide variety of actuarially sound and predictive driving and non-driving rating variables. This leads to the most accurate pricing and assures that no single rating variable has a disproportionate impact on an individual’s premium. When insurers can accurately and responsibly underwrite and price policies, consumers benefit with lower rates overall, more choices, and greater market and price stability, which we have seen in Illinois for years. We urge you to proactively contact your local legislators to Vote NO on HB 4611 and any legislation restricting the use of actuarially sound underwriting practices.

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Recent advancements in autonomous technology are set to revolutionize the transportation industry, addressing key challenges like driver shortages and fuel savings. But how can the insurance industry and the public have confidence in the safety of autonomy? Join Leo Grimm and expert panelists on June 5 at 10:30 AM CST at the IRMI Transportation Risk Conference to find out how the industry can move forward with confidence in the safety benefits of automated vehicles. 🚚 Learn more about navigating autonomous trucking risks: https://ow.ly/tMFb50RWzOO #MunichReSpecialty #AutomousTrucking #RiskMitigation

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