Business Insurance Closes – Bummer – Update – Now Back Open

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Business Insurance Closed – Update – They Are Back Open 

Business Insurance was always a great publication that I read for many years.   They had recruited some of the best reporters in the business.    I referenced their information occasionally when I wrote my articles.

sorry we're closed sign business insurance closed emblem from website

Stephanie Goldberg was one of my favorite reporters.   Her articles were some of the better-written ones in the insurance business.

Crain Communications surprised many readers of  Business Insurance with the last publication on August 1, 2016.   There was little fanfare.  The final door closing occurred on August 9, 2016.  BI was a 49-year-old magazine.

Crain Communications released this statement on Business Insurance.

According to Crain Communications:

” However, as a result of shifts in the insurance industry, including continual structural changes and consolidation since 2008, Business Insurance has struggled to diversify its revenue from a dependence on a declining base of print advertising. The company invested heavily in a very talented new team, and despite their best efforts, it became clear that the changes in the market simply weren’t going to be reversed.”

Hand Pointing Business Insurance Icon

One has to only look to WorkCompCentral to see a non-print Workers Comp insurance publication that has thrived in today’s insurance market.   However, BI began as a print publication and stayed that way until its demise.   That could have been a complicating factor.

Even if I did not use and reference their articles, their great reporting kept being abreast of insurance and Workers Compensation.  The publication did have an effect on my and other authors’ writings.

I may have a large project of removing the links to their articles.

I have checked with many of the industry leaders and no one saw this coming whatsoever.

Crain Communications has been sending me a Crain’s Raleigh Edition that has nothing to do with insurance.

©J&L Risk Management Inc Copyright Notice

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One Response

  1. I always spent my half an hour to read this weblog’s
    articles or reviews everyday along with a cup of coffee.

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James Moore

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Mgmt Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications


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