The wholesale insurance market continues to grow premiums while providing value to retail agents and important options to their customers, according to a report commissioned by the Wholesale and Specialty Insurance Association (WSIA). But the segment must face the challenge …
Commercial insurance prices in general should stabilize in 2022, although not in cyber where increases from 50% to as much as 150% could be in store, according to one brokerage’s predictions. Willis Towers Watson also said that while the industry …
Wells Media Group, Inc announced that it has become a 100% employee-owned firm via the launch of an Employee Stock Ownership Plan (ESOP). Wells Media, the publisher of Insurance Journal, Carrier Management and Claims Journal and other news and insights …
It’s tough to make predictions, especially about the future. — Yogi Berra, Major League Baseball player and humorist Even before 2021’s final results were in the books, the forecasters were looking ahead to 2022. All in all, barring surprises like …
The COVID-19 pandemic isn’t a short-term event. That’s obvious. But the question should no longer be — “when will it end?” As a practical matter, it’s not going to end. When we ask the question “how long will it last?” …
There’s no question that the COVID-19 pandemic will have a lasting impact on the workforce. It has caused millions of businesses and employees to shift to a virtual work environment. But as the COVID-19 vaccine rollout continues and more people …
National Daniel J. Kaufman will become president of wholesale broker Burns & Wilcox in January. He previously served as chief operating officer for Burns & Wilcox, the largest subsidiary of H.W. Kaufman Group. He is only the third president in …
This is the 9th year that Insurance Journal editors have the pleasure of publishing the very best news in the industry — the good news about good deeds happening across the world thanks to dedicated insurance industry professionals. We have …
Insurance and fundraising are both people-facing endeavors, so one would think that COVID-19, with all of its lockdowns and distancing, would have killed the giving spirit for a charitable group like the National Insurance Industry Council and its goal of …
The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. Potential buyers take out insurance to protect against issues such …
