September, 2023

article thumbnail

Hey Dude: Review Suppression is Illegal and You’re Obligated to Ship Goods on Time

Hunton Andrews Kurth

The FTC announced an enforcement action against online shoe seller Hey Dude, Inc. (a subsidiary of Crocs, Inc.) alleging Hey Dude suppressed more than 80% of consumer reviews that provided less than four out of five stars. The complaint also alleges multiple violations of the FTC’s Mail Order Rule between 2020 and 2022. A proposed consent order would require Hey Dude to pay nearly $2 million and take certain steps to prevent future violations.

Claim 105
article thumbnail

RIMS Canada Conference Kicks Off with Top Honors for Canadian Risk Professionals

Risk Management Monitor

Catherine Dowdall (right) receives the Donald M. Stuart Award from Valerie Fox (left) for lifetime achievement in risk management OTTAWA—The 2023 RIMS Canada Conference is officially underway here in Ottawa, Ontario, convening more than 1,400 Canadian risk professionals in the nation’s capital. After opening remarks from RIMS CEO Gary LaBranche and RIMS Canada Council Chair Steve Pottle (below), the conference began with recognition for outstanding accomplishments from RIMS Canada members.

Risk 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best Auto Insurance for Electric Vehicles

TGS

TGS Insurance » Blog What is Electric Vehicle Insurance? Electric vehicles can be complex, but when it comes to auto insurance, they’re surprisingly simple. Auto insurance policies are written in the exact same way for gasoline-powered and electric vehicles alike. In short, electric vehicle insurance is just auto insurance! While these policies may look the same, insuring an electric vehicle tends to be more expensive.

article thumbnail

How to Leverage a Blue Ocean Strategy in Insurance

Inbound Insurance Marketing

The insurance market is crowded. If you’re tired of battling against multiple competitors, consider a blue ocean strategy. What is a blue ocean? In simple terms, it’s a welcoming place with plenty of potential customers (fish) and very few competitors (sharks).

article thumbnail

9 Facts and Stats About the Cyber Insurance Industry

The Insurance Marketer

In an era where data is more valuable than gold, safeguarding digital assets against cyber threats has become a essential aspect of running a business. In 2023 – 32% of.

Cyber 52
article thumbnail

Single Parents: Don’t Leave Your Children’s Future to a Crowdfunding Site

Life Happens

More than a quarter of single parents surveyed (28%) say they’d let others raise money on a crowdfunding site to provide for their children if something happened to them. The post Single Parents: Don’t Leave Your Children’s Future to a Crowdfunding Site appeared first on Life Happens.

More Trending

article thumbnail

Discovering Your Ideal Client

Agency Intelligence

In today’s market, it is nearly impossible to be everything to everybody. It’s inefficient at best. From the nuances of mastering a wide variety of carrier appetites to closing more sales—defining and identifying your ideal client is imperative. There are a variety of things to consider as you define your ideal client.

52
article thumbnail

How Can I Get Homeowners Insurance After Non Renewal?

TGS

TGS Insurance » Blog What is Homeowners Insurance Non Renewal? Receiving the news that you can’t just automatically renew your home insurance policy can be shocking and stressful. The good news is this: it doesn’t come completely out of nowhere. Unlike a policy cancellation, which can happen at any time, a non renewal can only occur at the end of your contract each year, when your policy is up for renewal.

article thumbnail

How to Nurture Producer Productivity

Inbound Insurance Marketing

Your distribution network is likely full of agents who don’t bring much to your business. You’re not alone in this. In fact, a mathematical principle has been developed to explain this very common phenomenon. It’s called Price’s Law.

Agents 52
article thumbnail

11 Cyber Insurance Blog Topics to Boost Your Web Traffic

The Insurance Marketer

If you’re working for a cyber insurance company, a blog with helpful content that answers the questions from your target audience will direct them to your website and begin the marketing funnel.

Cyber 52
article thumbnail

Why Do I Need to Review My Life Insurance Annually?

Life Happens

Some things can take a “set-and-forget” approach, but your life insurance shouldn’t be one of them! Reviewing your life insurance annually is a smart choice. The post Why Do I Need to Review My Life Insurance Annually? appeared first on Life Happens.

article thumbnail

Hurricane Preparedness Guide

Relation

Each year, hurricane season presents a significant risk to homeowners. Not limited to coastal areas, hurricanes are dangerous and can cause major property damage due to storm surge, wind damage and flooding. Download these helpful Hurricane Preparedness Resources. Hurricane Assessment Checklist Hurricane Before the Storm Checklist Hurricane During the Storm Checklist Hurricane After the Storm […] The post Hurricane Preparedness Guide appeared first on Relation Insurance.

article thumbnail

What is Subrogation and How Does it Work?

Bankers Insurance

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss.

article thumbnail

Additional Insured vs. Additional Interest: Understanding Your Policy

TGS

TGS Insurance » Blog Additional Insured vs. Additional Interest Explained Additional insured and additional interest are two very different roles that a person can play as a part of your insurance policy. In short, an additional insured is covered by your insurance, while an additional interest is not. However, when you make policy updates, the insurance carrier will still inform the additional interest.

Policy 52
article thumbnail

Affordable Housing’s Pull Cord Problem and the Unintended Insurance Ramifications

Scott Insurance

The affordable housing community, specifically HUD Section 202 for elderly housing, is experiencing an avoidable crisis. This crisis originates from the expanded scope of service and responsibility placed upon affordable housing organizations by the U.S. Department of Housing and Urban Development (HUD). HUD Section 202 for elderly subsidized housing specifically states that the program provides options to allow seniors to age in their community by providing independent elderly living in an envi

Premium 52
article thumbnail

How Do I Increase My Insurance Sales?

Southwest Insurance Agents Alliance

Sales are the driving force of any business, but increasing sales is not always an easy undertaking. As a professional in the insurance industry, you know firsthand that market demands are constantly changing, and it can be difficult to manage amidst a wavering economy and rapid technology advancement. The key to growing your business in such unpredictable times is to implement effective sales strategies.

article thumbnail

Meet Sirin Thada, Artist in Residence for Life Happens

Life Happens

We partnered with Thai-American artist Sirin Thada to create illustrations that reflect the theme, "Life Insurance: For Anyone Who Lives." The post Meet Sirin Thada, Artist in Residence for Life Happens appeared first on Life Happens.

article thumbnail

The Basics of Life Insurance

Relation

If you have loved ones who depend on you, life insurance can help provide that peace of mind they will continue to be taken care of when you pass. But determining the right policy and the amount of life insurance protection you need largely depends on your lifestyle, debts and financial plan. Below we break […] The post The Basics of Life Insurance appeared first on Relation Insurance.

article thumbnail

Remaining Proactive Instead of Reactive In This Hard Market

Tosten Marketing

Tosten Marketing’s Blog Remain Proactive In This Hard Insurance Market We’ve come up with many tips and strategies in which you can continue to grow, thrive or make it through this difficult market. Keep your foot on the gas and this too shall pass. Be proactive, not reactive. Tips & Strategies To Help Your Agency Grow & Retain In A Hard Insurance Market.

License 40
article thumbnail

South Carolina Wind Pool Insurance Explained

TGS

TGS Insurance » Blog With hurricane season in full force, South Carolina residents living on the coast must protect their homes from the upcoming storms. Understanding how windstorm insurance works in these areas is the first step in adequately protecting your home. The South Carolina Wind and Hail Underwriting Association, also known as Wind Pool, is an association of insurance providers.

Insured 52
article thumbnail

How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

TGS Insurance » Blog Do You Need to Tell Your Homeowners Insurance About Home Renovations? When taking on new home renovations, your homeowners insurance policy might not be the first thing on your mind. However, for many home renovation projects, you will need to inform your insurance agent. Whether it’s a big project involving reconstruction of part of your home, or a small project that will increase the value of your home or personal property, your renovation will affect your homeowners insur