Blog
By: Judd Genda | Axley Attorneys The last several years have seen an unprecedented number of insurance agency purchase and sale transactions. This flurry of activity has led to increased valuation and sale prices for agencies. Now is the time to make sure you have a plan to perpetuate your agency. A perpetuation plan will…
Read MoreYou may be the safest, most responsible driver in the world, but there are two periods of the day that will always increase your chances of a serious driving mishap, regardless of your skills and driving experience. I’m referring to sunrise and sunset, the two parts of the day wherein the sun is directly impeding your…
Read MoreBy: Robert Procter & Judd Genda | Axley Attorneys Governor Evers just signed into law a bill that will change the standards for selling annuities in Wisconsin from a “suitability” to a “best interest” framework. The best interest standard comes from model regulation advanced by the National Association of Insurance Commissioners (NAIC). To date, twenty…
Read MoreAs the temperatures begin to rise, severe storms start to make headlines around the nation. When I was growing up, I remember the weather myth that you should keep your windows cracked if a tornado is in your area to equalize the pressure. Is this true or a myth? Here are some of the common…
Read MoreWhile cybercrime was already on the rise pre-COVID, the pandemic and accompanying shift to virtual working/learning accelerated most of the world’s exposure. The insurance industry suffered financially as a surge in ransomware incidents, repair of hacked networks, business interruption losses, and even public relations fees to mend reputational damage erupted. The result has been double-digit…
Read MoreBy: Judd Genda & Amy Harriman | Axley Brynelson, LLP In the pandemic era, travel insurance has become just as essential to travel as packing a toothbrush. Travel insurance generally covers the loss of luggage, trip cancellation or delays, and medical emergencies. According to Forbes Magazine, travel insurance sales have increased by 53% in recent…
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