National Section

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Workers’ Comp High Risk Market Market Detail: RWISI offers non-standard workers’ comp coverage for high-risk, high mods, USL&H, construction, roofing, temporary …

Gifting Agency Stock & Grantor Retained Annuity Trusts

Paul Simon wrote that there are “50 Ways to Leave Your Lover.” For business owners, there are a few less options, however, there are many more permutations of those options. For family businesses, the key is to understand everyone’s needs …

Declarations

Campus Guns “College campuses as gun-free zones present an environment where murderers, rapists and other criminals may commit crimes without fear of being harmed by their victims.” —An NRA lobbyist who supported a new Tennessee law to allow state college …

AAMGA’s Incoming President Levy Talks About Challenges, Opportunities

For 90 years the American Association of Managing General Agents (AAMGA) has dedicated itself to the growth and sustainability of the global specialty distribution marketplace. This year’s incoming AAMGA president, Ed Levy, vice president, Western region binding, for Risk Placement …

10 Things to Know About Flood Insurance

A large percentage of agents’ errors and omissions claims arise from failure to offer flood coverage. By offering flood coverage at the point of the homeowner sale, in addition to offering protection to clients from devastating losses, agents are also …

Agents Sound Off on Compensation

On a first quarter results call, W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distribution, driven by what he called a fight to grow margins in the face of …

Tough Times for Commercial Auto Insurance: Fitch

While the property/casualty industry has reported three consecutive years of significant underwriting profits, the commercial auto market as a whole reported an underwriting loss for the fifth consecutive year in 2015. In short, U.S. commercial auto insurance has evolved into …

Large, Mid-Sized Agencies See Revenue Growth in Q1: Reagan

Organic revenue growth at privately-held large and mid-sized insurance agencies bounced to 5.1 percent for the first quarter of 2016, up from 4.6 percent for the full year 2015, according to the latest Reagan Consulting Organic Growth and Profitability (OGP) …

Drones: An Emerging Market Quickly Taking Flight

So what is all the buzz about? Lately it is about unmanned aerial vehicles (UAV) or drones, which are emerging as a valuable component in a vast array of American businesses and markets. While UAVs are generally associated with their …

Workers’ Compensation Market Improved, Grew Premium in 2015: NCCI

The workers’ compensation market is healthy and profitable. This year’s “State of the Line” report, published by the National Council of Compensation Insurance (NCCI), indicates that the workers’ compensation calendar year 2015 combined ratio for private carriers was 94 percent. …

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