Texas Insurance Commissioner Kent Sullivan approved a request by the Texas Fair Plan Association (TFPA) to raise rates and revise/implement various fees. The commissioner denied, however, the plan’s request to end premium discounts for electronic burglar alarms and automatic sprinkler …
An industry publication recently published an article that said insurance is “the new kale” because the one-time ignored garnish today is sought after as a healthy must-have in the form of everything from salads to snacks. The suggestion is that …
Congratulations to this year’s Best Agencies to Work For! But what makes an employer a good place to work? Competitive salaries, employee benefits, training and education, resources, and other employee perks help. So does being nice to employees. New research …
Agency Hiring Stereotypes: True or False Agencies don’t downsize their best account managers. False: Here’s a great example of what can happen in the industry. I worked with a commercial account manager who experienced this during their first 30 days …
The auto insurance industry is in the midst of major disruption powered by technology and vibrant new players. Disruption gives way to fresh ideas that can have both profound and positive impacts on our lives and businesses. But, through the …
Opioid Suit “While we cannot bring back the lives lost to opioid addiction, we can question whether Purdue has lived up to the decade-old promise they made to correct their behavior. The answer, unfortunately, is a resounding ‘no!”‘ she said. …
The opportunities are limitless. That seems to be the consensus among employees at SwingleCollins & Associates (SCA), judging from their responses to Insurance Journal’s 2018 Best Agencies to Work For survey. Employees of the Dallas-based firm who commented on this …
Marsh & McLennan, JLT Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about $5.7 billion to expand its global offering of reinsurance and consulting services. New York-based Marsh said the purchase of JLT will strengthen its specialty …
Despite insurers’ best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two major carriers have exited the business. The line’s poor performance …
The votes were tallied and the results are in for the 2018 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees of the Best Agencies to Work For in 2018 highlight the importance of competitive salaries, employee …
