Articles by Andrea Wells

Cyber Sales Slow Down

  For many years, cyber liability has been the hot opportunity for new sales. But that may be over, or at least the pace of sales seem to be slowing. The overall upward trend of organizations purchasing cyber insurance continued …

How Smart Building is Changing Construction

With “smart” building becoming the gold standard in today’s commercial construction world, builders, building owners, workers and insurers are dealing with new technologies and risks. These smart technologies — from high tech gadgets aimed at increasing building efficiencies to wearable …

Special Report: Agency E&O: Treat Yourself Like You Do Your Clients

How to Buy E&O You Would Recommend  Independent agency owners spend their entire careers worrying about the risks and exposures of others. Managing the risks of their own agencies can take a backseat to helping their clients. When it …

Shop Around: What’s Out There?

There’s hot competition in agency errors and omissions market today, in price, policy terms and conditions. Most experts believe it’s a great time for agency owners looking to purchase or ramp up their limits. But most agency owners don’t shop …

Former Vermont Regulator Donegan Joins NCCI as Chief Regulatory Services Officer

Susan Donegan has been named as the new chief regulatory services officer for the NCCI. Donegan assumed the position on Sept. 19, and succeeds Helen Westervelt, who announced her retirement in January of this year. Westervelt remained at NCCI through …

Graduated Licensing Laws

While states have made progress in reducing teen driver-involved traffic crashes and deaths over the past decade, teen drivers are still 1.6 times more likely to be involved in a fatal crash than their adult counterparts, and teen-involved crash deaths …

Insurance Groups AAMGA, NAPSLO in Merger Talks

The American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) are considering combining both organizations into one association and have formed a joint committee to explore the idea. Brady Kelley, executive director, …

Medical Marijuana and Opioid Crashes

There have been fewer drivers killed in car crashes who tested positive for opioids in states with medical marijuana laws than there were before the laws went into effect, according to a new study. The study, conducted at Columbia University’s …

Spotlight: 6 Things to Consider When Insuring Restaurants & Bars

Kevin O’Connor, president of McGowan Hospitality, is no stranger to insuring the risks associated with restaurants, bars, taverns and nightclubs. He has spent the past 33 years in the sector as a reinsurance broker, managing general agent and now program …

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 …