Articles by Andrew G. Simpson

Commercial Insurance Pricing Inched Up in Q1: Willis Towers Watson

Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS). While price changes in the first quarter for most lines of …

Smart Choice Agency Network Tops 5,000 Members

The Smart Choice Agents Program, which provides independent insurance agencies with access to personal and commercial lines markets in 41 states, said it has added nearly 400 new agency partners already this year, bringing the total number of agencies in …

Startup Embroker CEO Miller Pursues ‘Massive Improvement’ Over Disruption in Commercial Insurance Brokerage

Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for on-demand workers, and even insurance for the …

Allstate’s Domestic Violence Awareness Campaign Targets Financial Abuse

Allstate Foundation Purple Purse has launched an awareness and fundraising campaign to call attention to the barriers that keep women trapped in abusive relationships. The #FreetoWalk campaign kicks off with the release of the online film “America’s Largest Prison Break,” …

New .Insurance Domain Names Become Available Today

The internet domain extension reserved for the global insurance industry— .insurance — will become available starting today, June 14, at 8 p.m. ET. The new extension means an independent agency at BagadonutsInsuranceAgency.com could potentially also be found at BagadonutsAgency.insurance, or …

Commercial Insurance Pricing Inched Up in Q1: Willis Towers Watson

Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS). While price changes in the first quarter for most lines of …

U.S.-EU Continue Talks on Insurance Regulation Covered Agreement

Trade representatives for the United States and the European Union, who met May 24 and 25 to negotiate a bilateral covered agreement on regulations for insurers and reinsurers, on Friday issued a joint statement indicating they have not reached a …

Loan Data Discredits View That Millennials Do Not Want Cars

Millennials are less interested than older folks in owning their own cars, right? Maybe not, according to auto loan data showing young Americans are increasingly active in the car buying market. Despite the belief that millennials could become an increasingly …

Are Ridesharing Drivers Safer Than Average American Drivers?

Ridesharing drivers are safer drivers than the average American behind the wheel, according to research by Boston-based Aite Group. The researchers, using driving analytics data, conclude that average consumers are safer catching an Uber or a Lyft or entrusting their kids …

PBS/NPR Documentary Adds to Criticism of Private Insurers, FEMA Over Profits on Flood Insurance

Private insurance companies working for the government’s flood insurance program have made hundreds of millions of dollars at the same time that thousands of homeowners are claiming they have been underpaid for damage caused by Superstorm Sandy, according to a …