Articles by Andrea Wells

O'Connor is associate editor of MyNewMarkets.com.

Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More

Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S. economy will continue to expand. “Job growth means higher payroll, sales, …

What’s Up with Salaries at Insurance Agencies?

Salaries for insurance agency management, owners, principals and producers were up in 2016. Total compensation for support staff also increased, although not by as much as it did the year before. That’s according to Insurance Journal’s 2017 Agency Salary Survey, …

Insurance Agents Can Help Nonprofits Deal with Changes Ahead

Nonprofit organizations are a loyal bunch, often sticking with their insurance agents and brokers for years. But there is room for new agents who can help nonprofits fill some coverage gaps, cope with political changes anticipated in 2017, and offer …

Tiny Homes: How agents, insurers are helping to lay a foundation for a growing insurance market

Despite big media hype that has included TV shows, magazines and blogs, the tiny home market is still small. Figures on its current size are hard to come by but the tiny home movement of people looking to downsize and …

Homes in Environmental Hazard Zones

Millions of homes and condominiums are in high danger zones for environmental hazards, according to the Environmental Hazards Housing Risk Index, produced by ATTOM Data Solutions. The report showed 17.3 million single family homes and condos with a combined estimated …

Top 10 Discrimination Claims in 2016

The U.S. Equal Employment Opportunity Commission (EEOC) said it resolved 97,443 charges of employment discrimination in fiscal year 2016 and secured more than $482 million for victims of discrimination in private, federal and state, and local government workplaces. Charges of …

2017 Agency Salary Survey: Salaries and Total Compensation Up

Salaries for insurance agency management, owners, principals and producers were up in 2016. Total compensation for support staff also increased, although not by as much as they did the year before. That’s according to Insurance Journal’s 2017 Agency Salary Survey, …

Winning the War on Talent: The Value of Soft Benefits in Compensation

Insurance agencies that stress “soft” benefits have the upper hand in recruiting workers in today’s competitive job market. Employees are increasingly seeking out “soft” benefits in addition to traditional “hard” benefits from their employers. While employees still greatly value salaries, …

Tow Truck Market Gets Hit Hard as Carriers Exit Market

Tow truck drivers operate in a dangerous world. Every day they face angry drivers while repossessing vehicles, dangerous driving and road conditions, near misses while operating heavy equipment, and close calls on U.S. freeways while hitching up wrecked vehicles. These …

5 Things to Consider When Writing Nonprofit Social Service Organizations

Nonprofit organizations come in all shapes and sizes. They are a loyal bunch, often sticking with their valued agents and brokers for years, say two insurance specialists. Sheila Shaw, senior vice president, and Brad Storey, vice president, risk management, both …