Articles by Andrea Wells

Big Box or Boutique?

It’s no secret that the world of insurance is consolidating. The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as the second-most-active six-month period since 2008, according to a new report by Chicago-based investment …

How Competition Brings Out E&S Market’s Creativity

Emerging risks or traditional lines, innovation makes the difference The surplus lines market is eyeing another year of solid results for 2015. At press time, the final figures for 2015 surplus lines had yet to be released but according to …

Trucking and Self-Driving Trucks

Self-driving cars, and trucks, could hit the roadways soon. Or maybe not that soon. If Uber has its way it may be sooner than you think. Last month ride service Uber Technologies Inc. acquired the self-driving truck startup Otto, while …

Trucking Through Cost, Talent, & Regulatory Roadblocks

It’s been a rough ride, full of twists, turns and a few roadblocks for truckers and their insurance specialists. Truckers today face a number of obstacles that have raised the cost of doing business, including tough federal oversight, driver shortages, …

Nominate Your Agency as Best Place to Work: Submit Now!

Do you work in a great independent agency? Do you think it’s the best place to work? If so, don’t miss this opportunity to nominate your agency to be named as one of Insurance Journal’s Best Agencies to Work in …

Small Business Satisfaction

No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers, according to the recently released J.D. Power 2016 …

Congratulations Top Agencies

This year marks the 12th annual publication of Insurance Journal‘s Top 100 Agencies special report. This year’s Top 100 welcomes nine newcomers: Cross Financial Corp. (Cross Insurance); Prime Risk Partners Inc.; Westwood Insurance Agency; Christensen Group; Premier Group Insurance Inc.; …

Brokers Assess Current Construction Insurance Market: Thumbs Up

Amid ups and downs, the construction market has nevertheless enjoyed steady growth over the past four years. Now construction insurance specialists believe the market is really heating up. The competition has carriers maintaining a market favorable to buyers, especially those …

Online Agency Insureon Secures $3B in Capacity from Lloyd’s to Launch MGA for Small Business

Insureon, an online agency for small business insurance, has formed a new managing general agency (MGA), Insureon Underwriting Managers, which will operate as a division of Insurance Noodle, the company’s wholesale brokerage subsidiary. The new MGA will target hard-to-place coverage …

P/C Industry Heat

U.S. property/casualty insurers are feeling the heat of today’s competitive market and slow-growth economy. P/C insurers in the United States saw their net income after taxes fall to $13.3 billion in first-quarter 2016 from $18.1 billion in first-quarter 2015 – …