Industry Trends to Exploit for 2024 December 4, 2023 By Catherine Oak and Bill Schoeffler Agency owners must watch and learn about major trends when they start. Following are key trends that insurance agencies should...
‘No Material or Sudden Changes’ in Commercial Insurance Pricing: WTW December 4, 2023 Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn’t expecting any major changes...
5 Worthy New Year’s Resolutions December 4, 2023 By Bill Wilson I conceive that the great part of the miseries of mankind are brought upon them by false estimates they made...
An Apprenticeship December 4, 2023 By Chris Burand Recently, I spent a week learning about an entirely different industry than insurance. It was a great education. Along the...
Direction for NextGen Talent: The Best Way Forward Is Not Always Up December 4, 2023 By Sabrina Hart I believe you have to do what you love. My favorite subject in school was mathematics. To me, trigonometry and...
Frederick Mutual Exiting Personal Lines; Signs Renewal Deal December 4, 2023 By Andrew G. Simpson Frederick Mutual, which is exiting the personal lines market and focusing strictly on commercial lines in the Mid-Atlantic and Southern...
Boston Begins Requiring Contractors to Implement Site Safety Plans December 4, 2023 The city of Boston began requiring construction and demolition contractors to file site-specific safety plans and attest to following them...
S&P: Struggles in Personal Auto Insurance to Subside More Slowly Than Expected November 20, 2023 By Allen Laman S&P Global Market Intelligence projects that personal auto results will improve from 2022’s worst-in-decades combined ratio of 112.2%, though not...
California Jury Awards $332M to Man Who Blamed His Cancer on Use of Roundup November 20, 2023 A California jury has awarded $332 million to a man who sued chemical giant Monsanto Co. contending that his cancer...
5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues November 20, 2023 By L.S. Howard Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,”...