Editor’s Note

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 …

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 …

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.; …

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 – …

Economic Cost of Pandemics

A pandemic influenza outbreak in the United States could have economic costs nearly double the total amounts experts have previously calculated, depending on how the public, government and businesses respond to an epidemic, according to policy and risk experts in …

Tech to Detect Fraud

Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use of technology and data analytics. According to consulting firm KPMG, North American companies are not capitalizing on the use of …

Safety: Ridesharing Drivers vs. Average 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 …

Furry Friends

Members of your family – specifically those with fur and a bark – are costing the industry mega dollars. Dog bites (and other dog-related injuries) now account for more than one-third of all homeowners liability claim dollars paid out. In …

Getting Away with Unethical Conduct

Take that coworker who wastes time. He mismanages resources. He’s been known to engage in activities that others in the office consider conflicts of interest. Yet, he seems to “do no wrong” in the eyes of the company. Why? Because …

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