Main Street Industry News - August 2022

INSIDE NAMIC Wants the National Flood Insurance Program Reformed » 7 FEMA: The Nation Needs Better Building Codes » 12 Commercial Prices — Still Rising » 17 One for the Books — GEICO on the Hook for a Woman Getting an STD in a Car » 24

August 2022 | Published Monthly

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Did you know that PIA’s company council, The PIA Partnership, has conducted nationwide research about the insurance buying preferences of small business owners?

The research is encouraging because it found that small business owners strongly prefer independent insurance agents as they make choices in today’s online world.

However, the results also serve as a wake-up call that agents must take steps to continue to demonstrate their value and also be more engaged online.

PIA and the companies belonging to The PIA Partnership have created a public website that helps agents understand PIA’s findings.

PIA members also have access to a private website containing a series of strategies and tools to help them stay ahead of online competition in commercial lines.

To access the newest PIA Partnership project, Small Business Insurance & The Internet — The Voice of the Commercial Lines Customer.

If you are not a PIA member and want to access all of the tools available through this program, contact us for a membership application or visit us online at www.pianational.org/header-utility-items/join/Join-PIA.

National Association of Professional Insurance Agents 400 N. Washington St., Alexandria, VA 22314-2353 www.pianet.com | membership@pianet.org | (703) 836-9340

NAMIC Wants the National Flood Insurance Program Reformed | 7 The National Association of Mutual Insurance Companies (NAMIC) is just one of many insurance groups concerned about what’s going on with the National Flood Insurance Program (NFIP).

Crime on the Rise — Cargo Losses | 18 Cargo thefts are on the rise in the U.S. Goods like electronic devices, autos and those with higher onthe-street values are being targeted most. Cargo losses in the U.S. and Canada are up to $19 million in the first quarter of 2022.

The Highest Paid Broker CEOs | 8

GEICO on the Hook for a Woman Getting an STD in a Car | 24 The U.S. District Court for the District of Kansas issued a decision that the Missouri Court of Appeals has upheld. It not only has a lot of insurance people scratching their heads, but has people everywhere — in general — doing the same thing.

Property Casualty Profit & Loss in 2021 | 11 Every year Verisk and the American Property Casualty Insurance Association (APCIA) release a report on the state of the insurance industry’s finances. That report was just released and finds net income rose from $60.3 billion to $61.9 billion.

FEMA — The Nation Needs Better Building Codes | 12 The annual hurricane season has officially arrived.

It kicks off the first of June every year and lasts until November 30th. This year a record number of hurricanes are expected.

The Most Data-Breached Nation on Earth — Not a Hard One to Guess | 15 It doesn’t take a statistical genius to figure out what country on the planet sees the most data breaches.

It’s the United States. Far and away.

More News on the Great Resignation — Returning to the Office | 16 A survey by Nationwide is shedding new light on workers returning to the office full-time. Most business owners — the study found — will want all employees back in the office full time in the next year or so.

PIA NE IA EVENTS PIA NE IA EVENTS The Professional Insurance Agents NE IA and The National Alliance Designations | 21 Upcoming Events Calendar 2022 | 22

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Commercial Prices — Still Rising | 17 On average commercial insurance premiums rose by 6.6% in the first quarter of 2022. That’s a drop of 2% from the average increases we saw at the end of 2021.

August 2022 | Main Street Industry News | www.pianeia.com | 4

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We pledge to always conduct ourselves in a manner that enhances the public image of PIA and adds real value to our members.

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TOP STORIES

NAMIC WANTS THE NATIONAL FLOOD INSURANCE PROGRAM REFORMED The National Association of Mutual Insurance Companies (NAMIC) is just one of many insurance groups concerned about what’s going on with the National Flood Insurance Program (NFIP).

As usual, it starts with reauthorization and then works its way toward pricing and risk.

NAMIC senior vice president, Jimi Grande explained the problem to the House Financial Services Subcommittee. Congress has been extending the NFIP authorization a few months at a time for several years; since the end of 2017 the NFIP has been reauthorized 19 times.

Some of those extensions have been at the last minute and for just a few weeks!

In the meantime, the private flood market has customized coverage and simplified the claims process for both high and low-risk clients. The NFIP hasn’t come close to doing anything like that. “Lawmakers must recommit themselves to passing long-term legislation needed to reform the NFIP into a financially stable program that can help millions of Americans who are facing growing flood risks,” Grande said.

“The NFIP cannot survive on its own if the rates for flood insurance aren’t in line with expected losses,” Grande said. “Matching rates to risk is the only way to make the NFIP viable, but we can ease that transition for policyholders by moving rates gradually. We must make sure every homeowner understands what their actual flood risk is otherwise we are creating a false sense of security that inevitably leads to greater losses.”

Grande said it’s important for a program that bleeds money to get it aligned with private markets. Yet, once again, the NFIP is temporarily authorized and it expires at the end of September of this year.

He and NAMIC want a reduction in subsidies and how coverages are priced and base them on actual risk. Grande did note that the NFIP reforming Risk Rating 2.0 has done some.

“Congress has been kicking the can down the road when it comes to the NFIP for way too long,” Grande said. “Ultimately, they can choose to adopt common-sense reforms and have a stable and secure NFIP as part of a vibrant and competitive flood insurance marketplace.”

Just not enough.

Source: Insurance Business America

August 2022 | Main Street Industry News | www.pianeia.com | 7

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The Five Highest Paid Broker CEOs

2. Gregory Case

Aon Salary: $1,500,000 Stock awards: $15,262,436 Non-equity incentive: $2,437,500 Other: $668,448 Total: $19,868,384 Change: Down 2.1%

1. Daniel Glaser

Marsh & McLennon Salary: $1,500,000 Stock awards: $6,528,663 Option awards: $6,240,006 Non-equity incentive: $7,000,000 Other: $241,034 Total: $21,519,703 Change: Up 9%

3. J. Patrick Gallagher, Jr. Arthur J.

Gallagher Salary: $1,300,000 Stock awards: $3,692,473 Non-equity incentive: $5,200,000 Change in pension: $19,063 Other: $1,871,043 Total: $13,882,255 Change: Up 24.2%

August 2022 | Main Street Industry News | www.pianeia.com | 8

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4. J. Powell Brown Brown & Brown Salary: $1,000,000 Bonus: $1,020,000 Stock awards: $2,940,017 Non-equity incentive: $3,980,000 Other: $261,018

2.

Total: $9,201,035 Change: Up 26.8%

Total: $21,905,220 Down 9% from 2021

5. Carl Hess Willis Towers Watson Salary: $766,667 Share awards: $1,167,419 Non-equity incentive: $2,443,875 Change in pension: $209,050 Other: $241,474

3.

Total: $4,828,485 Change: Up 22.5%

Total: $23,181,184 14% rise from 2021

Alan Schnitzer Travelers Salary: $1,300,000 Stock awards: $6,900,051 Option awards: $4,598,852 Nonequity incentive: $6,500,000 Change in pension: $471,951 Other: $82,843 Total: $19,853,697 4.5% positive change from 2021

The Five Highest Paid Insurance Company EXECS 1. Evan Greenberg Chubb Salary: $1,400,000 Bonus: $7,500,000 Stock awards: $10,125,007 Option awards: $2,996,944 Other: $1,159,233

Peter Zaffino AIG Salary: $1,482,693 Stock awards: $9,379,956 Option awards: $2,874,994 Nonequity incentive: $8,000,000 Other: $167,577

4.

Ajit Jail Berkshire Hathaway Salary: $16,000,000 Bonus: $3,000,000 Other: $14,500 Total: $19,014,500 Not measurable

5.

David Long Liberty Mutual Salary: $1,450,000 Bonus: $4,712,500 Appreciation units: $9,571,283 Restricted units: $2,392,739 Other: $327,815 Total: $18,454,337 Up 3.3% from 2021 Sources: Business Insurance 1 Business Insurance 2

August 2022 | Main Street Industry News | www.pianeia.com | 9

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PROPERTY CASUALTY PROFIT & LOSS IN 2021 Every year Verisk and the American Property Casualty Insurance Association (APCIA) release a report on the state of the insurance industry’s finances. That report was just released and finds net income rose from $60.3 billion to $61.9 billion.

It’s not a big increase and the jump has been impacted by an underwriting loss of $3.8 billion.

That loss offsets the $5.2 billion underwriting gain from 2020.

Robert Gordon of the APCIA said premium growth increased 7.4% to $685 billion but the 11.1% increase in loss adjustment expenses (LLAE) offset those gains.

“Insurers’ combined ratio increased to 99.6 (from 98.6), and investment yields dropped to their lowest level since at least 1960,” Gordon in a statement that accompanied the report.

Policyholder surplus rose $122.5 billion because of $110 billion in investment gains.

That pushed the policyholder surplus close to $1 trillion for the first time in history. However, Verisk’s Neil Spector said some of those gains may have been lost because of troubles in the bond and equity markets earlier this year.

“This capital cushion bolsters insurers’ ability to respond to future claims as well as looming uncertainties in capital markets, global political risks and record inflation,” Spector said.

Gordon agrees, “While the industry balance sheet is strong enough to meet the commitments to insureds, it is facing emerging

challenges from the significant and increasing impact of catastrophic weather events, cyber risk and significant price and social inflation/ lawsuit abuse,” he said.

Here are the details starting with net written premiums for all four quarters of 2021: Quarter 1 Quarter 3

4.9%

12..8%

Quarter 2 Quarter 4

10.3%

8.9%

$3.8 billion net underwriting loss in 2021 The 2020 net underwriting was a gain of $5.2 billion Net income after taxes 2021 — $61.9 billion Net income after taxes in 2020 — $60.3 billion In 2021 net written premium growth — 9.2% Net written premium growth 2020 — 2.6% Combined ratio 99.6 in 2021 2020's combined ration was 98.6% Industry surplus in 2021 — $1,032.5 billion Up from $910.1 billion at the end of 2020 Up from September of 2021 when it was $974.8 billion Investment yield — 2.6% Down from investment yield in 2020 — 2.7% Total capital gains in 2021 — $109.2 billion 2020 total capital gains — $49.8 billion Sources: Insurance Journal and Business Insurance

August 2022 | Main Street Industry News | www.pianeia.com | 11

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FEMA

THE NATION NEEDS BETTER BUILDING CODES The annual hurricane season has officially arrived. It kicks off the first of June every year and lasts until November 30th. This year a record number of hurricanes are expected.

The Federal Emergency Management Agency (FEMA) — who runs the National Flood Insurance Program (NFIP) — knows that means devastation for homeowners along the

August 2022 | Main Street Industry News | www.pianeia.com | 12

TOP STORIES

nation’s Gulf Coast and East Coast. At the same time, it’s wildfire season almost year around in the West and Southwest and other parts of the country.

underserved communities, every dollar invested in building code adoption provides eleven times more in savings by reducing damage and helping communities recover more quickly.”

FEMA is also aware of that and the potential disasters from all that water, all that fire and the spawning of a record number of tornadoes after a hurricane hits, and at other times. That awareness has led the agency to push for a revision of building codes around the country.

The White House says new energy codes could save households $162 a year.

That was a topic of discussion last week when FEMA administrator, Deanne Criswell and President Biden’s deputy national climate advisor, Ali Zaidi did a briefing on hurricanes.

They said two of every three communities in the U.S. have antiquated building codes.

As such, the homes and businesses built in them are vulnerable to the impacts of climate change and the now higher energy costs we are all currently experiencing. That’s why the two officials support FEMA’s new National Initiative to Advance Building Codes.

Criswell said it is designed to help cities and towns easily update their building codes and will “save lives, reduce property damage, and lower utility bills.”

She said the plan will apply only to new construction and to homes and buildings built, or rebuilt, due to damage. “The adoption of hazard resistant building codes saves communities $11 per every $1 invested,” Criswell said.

The White House is totally behind the proposed changes. In a news release just before the hurricane briefing, it said “With extreme weather events threatening millions of homes each year, and taking a greater toll on

On the insurance association side of things, the American Property Casualty Insurance Association’s (APCIA) Nat Wienecke likes the proposed updates. He noted that P&C insurers are frontline responders when natural disasters strike.

“For decades APCIA members have advocated for policies and increased investments that help prevent and reduce such devastation,” Wienecke said. “This includes establishing and funding loss mitigationfocused organizations like the Insurance Institute for Business & Home Safety.”

Wienecke added the new codes will help communities be more resilient with the severe weather being brought upon us by global warming.

“APCIA commends the Biden-Harris Administration for taking action to enhance climate resilience for communities by supporting the adoption of modern, hazardresistant building codes and standards,” Wienecke said. “This action is critical to increasing their capacity to withstand, respond to, and recover from natural disasters.”

Source: Insurance Journal Insurance Business America

August 2022 | Main Street Industry News | www.pianeia.com | 13

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August 2022 | Main Street Industry News | www.pianeia.com | 14

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The Most Data-Breached Nation on Earth

Not a Hard One to Guess It doesn’t take a statistical genius to figure out what country on the planet sees the most data breaches. It’s the United States. Far and away.

lost are emails, passwords and usernames. That puts those users in danger of having their accounts taken over.

That’s the conclusion of the cybersecurity firm, Surfshark. Those facts come from a study of 18-years of criminal hacking. That’s not a surprise. What’s most shocking is this statistic: on average, every internet user in the U.S. since 2004 has lost 27 pieces of data.

Over 8.7 billion last names, first names, internet protocol addresses, passwords, usernames and other data has been sold, or leaked online, since 2004.

After analyzing 15 billion data points, Surfshark found most of what was

Second in data breaches is Russia.

Both the U.S. and Russia account for 30% of the total breaches seen worldwide in that 18-year period.

August 2022 | Main Street Industry News | www.pianeia.com | 15

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More News on the Great Resignation Returning to the Office A survey by Nationwide is shedding new light on workers returning to the office full-time.

Most business owners — the study found — will want all employees back in the office full time in the next year or so.

Nationwide’s vice president of commercial lines, Linda Stueber said millennials (born between 1981 and 1996) are a bit more flexible.

Just half would leave a company based on office return plans.

As you know — and as the Nationwide Agency Forward survey suggests — employees want to keep flexibility on where they work and when.

“Three-quarters of U.S. workers received flexibility with how and when they worked during the pandemic, and of those who didn’t have flexibility, 42% considered leaving their jobs as a result,” Stueber said. “Employers who are able to demonstrate continued flexibility and personalization for employees in their work will be most successful in today’s competitive labor market.”

The younger the worker, the more flexibility they are demanding. Of all of Generation Z’s employees (born between 1997 and 2012), 62% say they’ll leave employment at a company solely based on plans to return them to the office.

August 2022 | Main Street Industry News | www.pianeia.com | 16

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All that concern aside, businesses may be seeing a return to advantages they had before COVID turned the business world upside down two years ago.

• 20% of business owners say they're seeing increases in resignations

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• 4% of employees say they've started a new job Full-time, in-office work statistics: • Pre-pandemic 86% worked in an office • Mid-pandemic 38% worked in an office • Today 54% are back in the office So things might be a bit better for businesses than in the past few months.

• Almost 70% of employees consider flexibility when thinking of a new employer • Yet today just 36% of businesses offer a choice of where or when to work • 30% don’t plan on putting flexibility in job offers in the future • 43% of small businesses don’t plan on putting flexibility in job offers in the future “With work from home, work from office and dozens of hybrid work options in between likely to remain part of the modern work environment, it’s a good time for employers to really think about the kinds of work that can be done in an office and what can be done remotely,” Stueber noted. “Having this clarity and looking for ways to provide flexibility can help business owners attract and retain employees and keep their long-term business plans on track.”

Sources: Insurance Journal and PropertyCasualty360.com

STILL RISING On average commercial insurance premiums rose by 6.6% in the first quarter of 2022. That’s a drop of 2% from the average increases we saw at the end of 2021.

This information comes courteous of the Council of Insurance Agents & Brokers (CIAB).

Cyber rates are rising the fastest. They rose a staggering 27.5%. Umbrella excess had the second largest increase in the quarter at 10.5%. Commercial property rose 8.6%, commercial auto jumped 5.9% and general liability saw an increase of 3.9% Work comp rates dropped 0.5% Others seeing hikes are D&O at 7.8%, employment practices liability jumped 5.8% and medical malpractice went up 5.1% Source: Business Insurance

August 2022 | Main Street Industry News | www.pianeia.com | 17

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CRIME ON THE RISE CARGO LOSSES

Cargo thefts are on the rise in the U.S. Goods like electronic devices, autos and those with higher on-the-street values are being targeted most. Cargo losses in the U.S. and Canada are up to $19 million in the first quarter of 2022.

That’s a 73% jump over the year before.

This info comes courtesy of Verisk Analytics Inc.’s CargoNet. It says the average loss value in the first quarter is $232,000. That’s a 68% rise over 2021 and more than double the average loss in 2020’s first quarter.

Keith Lewis is a vice president at CargoNet. He says inflation is driving thieves to go for those higher end goods. “People are buying more electronics, and more cars are being stolen off car haulers,” Lewis said.

Travelers Cos.’ crime and theft specialist, Scott Cornell said the rise in electronic thefts

is because those goods are highly impacted by inflation. “Cargo theft is often driven by a demand or shortage,” he said.

It’s also worth noting that most cargo thefts happen within 200 miles of a pickup.

CargoNet says from 2010 to 2020 the number one stolen commodity was food. The pandemic pushed the shift from food to household goods. However, with the shortage of chips for components and laptops, electronics have become much more profitable to steal.

Companies are urged to take more caution when having their goods shipped. Get state of the art locks for trucks and trailers and use a team of drivers to stops consist of refueling.

Also, put tracking devices in the shipment to track where they are if they get stolen.

Source: Business Insurance

August 2022 | Main Street Industry News | www.pianeia.com | 18

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CONGRATULATIONS FOR YOUR EARNED DESIGNATION The Professional Insurance Agents NE IA would like to congratulate everyone who has earned a designation from The National Alliance in 2022.

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CIC Designation Deborah Taylor, CIC Arthur J. Gallagher Davenport, IA

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Events Calendar 2022 For information and to register Click Here or call (402) 392-1611.

Date

Class/Webinar

August 9, 2022

That’s Personal: Home & Auto Exposures Your Insured Doesn’t Share (and Why That’s Bad)

August 9, 2022

Where

When

NE/IA

Webinar: 8:00AM - 11:00AM

Flood Insurance, FEMA, and the NFIP

NE/IA

Webinar: 12:00PM - 3:00PM

August 11, 2022

CPIA 1 ONLINE COURSE: Position for Success

Live Webinar

Webinar: 8:30AM - 4:15PM

August 11, 2022

Personal & Commercial Lines Endorsements: Some Good, Some That Really Stink

NE/IA

Webinar: 8:00AM - 11:00AM

August 11, 2022

Certificates and Additional Insureds: What Did I Do to Deserve This?!

NE/IA

Webinar: 12:00PM - 3:00PM

August 16, 2022

Cyber - Evolution, Exposures, Incidents & Insurance

NE/IA

Webinar: 8:00AM - 11:00AM

August 16, 2022

Employment Practices Liability - A Coverage No NE/IA Business Can Afford to Be Without

Webinar: 12:00PM - 3:00PM

August 17, 2022

An Hour with Nicole: Homeowners Loss Settlement Issues

NE/IA

Webinar: 1:00PM - 2:00PM

August 18, 2022

CISR Live Webinar: Elements of Risk Management

Live Webinar

Live Webinar: 8:00AM - 5:00PM

August 18, 2022

Homeowners In Real Life: Tales of Claims & Coverage

NE/IA

Webinar: 8:00AM - 11:00AM

August 23, 2022

Adventures in Aging: Social Security & Other Retirement Income Solutions

NE/IA

Webinar: 12:00PM - 3:00PM

August 23 - 24, 2022

CIC Live Webinar: Commercial Casualty Institute

Live Webinar

Live Webinar: 8:00AM - 5:00PM

August 24, 2022

An Hour with Dave: Fast Facts About Flood

NE/IA

Webinar: 1:00PM - 2:00PM

August 31, 2022

An Hour with Cathy: Insurance Issues for the Commercial Tenant

NE/IA

Webinar: 1:00PM - 2:00PM

September 7, 2022

An Hour with Sam: A Numbers Game Mastering the Coverage Symbols in a Business Auto Policy

NE/IA

Webinar: 1:00PM - 2:00PM

September 8, 2022

CPIA 2 ONLINE COURSE: Implement for Success

Live Webinar

Webinar: 8:30AM - 4:15PM

September 8, 2022

Lurking: Surprises In the Contractor’s CGL Policy & Endorsements to Watch Out For

NE/IA

Webinar: 8:00AM - 11:00AM

August 2022 | Main Street Industry News | www.pianeia.com | 22

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NE/IA

Webinar: 12:00PM - 3:00PM

September 13-14, 2022 Ruble Live Webinar: Graduate Seminar (NE)

Omaha

**Hybrid Webinar

September 13-14, 2022 Ruble: Graduate Seminar (NE)

Omaha

Omaha Marriott Hotel Omaha, NE

September 15, 2022

Personal Lines Clients and Their New Normal

NE/IA

Webinar: 8:00AM - 11:00AM

September 15, 2022

More Money, More (Insurance) Problems?

NE/IA Mastering P&C Coverage for the Affluent Market

Webinar: 12:00PM - 3:00PM

September 19, 2022

Leadership and Liability: Insuring Executive Risk NE/IA

Webinar: 12:00PM - 3:00PM

September 20, 2022

CISR Live Webinar: Insuring Personal Residential Property

Live Webinar

Live Webinar: 8:00AM - 5:00PM

September 21, 2022

An Hour with Nicole: Personal Umbrella Issues & Answers

NE/IA

Webinar: 1:00PM - 2:00PM

September 22, 2022

Personal Lines Coverage Concerns: Annoying But Important

NE/IA

Webinar: 8:00AM - 11:00AM

September 27, 2022

Growing Good Insurance: Using Property & Liability Endorsements to Fortify Farm Risks

NE/IA

Webinar: 8:00AM - 11:00AM

September 27, 2022

Contracts Agents Should Read

NE/IA

Webinar: 12:00PM - 3:00PM

September 28, 2022

An Hour with Sam: The Policy's Position on Home-Sharing and How to Handle It

NE/IA

Webinar: 1:00PM - 2:00PM

September 29, 2022

CISR Live Webinar: Insuring Commercial Property

Live Webinar

Live Webinar: 8:00AM - 5:00PM

September 29, 2022

Commercial Property - Direct vs. Indirect Damage

NE/IA

Webinar: 8:00AM - 11:00AM

September 29, 2022

Adventures in Aging: Medicare and Other Retirement Healthcare Solutions

NE/IA

Webinar: 12:00PM - 3:00PM

October 5, 2022

CPIA 3 ONLINE COURSE: Sustain Success

Live Webinar

Webinar: 8:30AM - 4:15PM

October 13, 2022

CISR Live Webinar: Commercial Casualty 2

Live Webinar

Live Webinar: 8:00AM - 5:00PM

October 20-21, 2022

CIC: Commercial Property Institute

West Des Moines

The Rewind Hotel by Hilton - Des Moines, IA

October 20-21, 2022

CIC Live Webinar: Commercial Property Institute West Des Moines

**Hybrid Webinar

October 27, 2022

CISR Live Webinar: Personal Lines Miscellaneous

Live Webinar

Live Webinar: 8:00AM - 5:00PM

November 9-10, 2022

CIC Live Webinar: Insurance Company Operations Institute

Live Webinar

Live Webinar

November 15, 2022

CISR Live Webinar: Commercial Casualty 1

Live Webinar

Live Webinar: 8:00AM - 5:00PM

December 13, 2022

CISR Live Webinar: Agency Operations

Live Webinar

Live Webinar: 8:00AM - 5:00PM

September 8, 2022

Ethics: Essentials for the Insurance Producer

August 2022 | Main Street Industry News | www.pianeia.com | 23

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GEICO ON THE HOOK FOR A WOMAN GETTING AN STD IN A CAR

The U.S. District Court for the District of Kansas issued a decision that the Missouri Court of Appeals has upheld. It not only has a lot of insurance people scratching their heads, but has people everywhere — in general — doing the same thing.

A woman filed a lawsuit against GEICO and said she picked up an STD in an auto insured by the company. The court agreed she unwittingly picked it up and that GEICO is somehow responsible and on the hook for this award. The amount will blow your mind.

$5.2 MILLION. In February of last year, a woman said she contracted the human papillomavirus (HPV) after having intercourse in an insured’s car. She said he knew he had the medical condition but had sex with her anyway. Somehow, she thinks —

or more likely a creative-thinking lawyer — the insurer ought to be taking care of the damages she’s suffered physically and emotionally.

GEICO declined her claim and the case was sent to arbitration. The arbitration negotiations gave the woman this award and said GEICO would pay.

Even worse for the insurance company, the appeals court denied the appeal and said GEICO has no right to appeal.

Like most of you, Weekly Industry News is wondering just how the insurer is responsible for the results of the insured’s sexual exploits in his auto, and just how, and why, the woman is entitled to collect from GEICO. And like most of you, we’re wondering what kind of a can of worms has just been opened.

Source: PropertyCasualty360.com

August 2022 | Main Street Industry News | www.pianeia.com | 24

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