A “profession” is defined by Merriam-Webster’ Dictionary as: 1: the act of taking the vows of a religious community 2: an act of openly declaring or publicly claiming a belief, faith, or opinion : protestation 3: an avowed religious faith …
A majority of insurance agents have a very positive outlook for 2022. About 70% expect their business growth to be on track in the new year, while nearly 20% expect that growth to be “off the charts.” According to an …
It is imperative for agency owners to watch and learn about major trends when they start. Following are the eight key trends that insurance agencies should be tracking for 2022. 1. Insurtech Technology Insurance and technology are like oil and …
Property/casualty insurers head into 2022 facing “massive” political risks, an expert with the Insurance Information Institute said on Dec. 2. Economic uncertainty will also continue despite recovery trends. Some exist due to post-pandemic economic fallout, but many others are longstanding …
Slow Payments “The number one complaint is delays: slow-pay and no-pay.” — Doug Quinn, executive director of the nonprofit watchdog group the American Policyholder Association, told Louisiana lawmakers that homeowners are still waiting to get insurance payments for Hurricane Ida …
The global construction industry’s risk landscape will be transformed by radical changes in design, materials and processes as the industry enters a sustained period of strong growth. The post-Covid-19 growth will be driven by government spending on infrastructure and the …
Bringing people together to help others has historically been a defining focus for charitable giving and volunteerism in the insurance industry. Though getting involved has become more complicated over the past year and nine months due to the COVID-19 pandemic, …
National Zywave, ClarionDoor Milwaukee-based Insurance technology firm Zywave has acquired Santa Barbara, Calif.-based ClarionDoor, a seller of insurance product distribution software for the property/casualty market. Zywave said ClarionDoor’s digital distribution products for carriers and managing general agencies complement its own …
Employers may be warming up to the idea that fighting some workers’ compensation claims and medical treatments can be counterproductive, and new emphasis should be placed on keeping injured workers happy — and out of the courtroom. “The workers’ comp …
Technology will continue to influence changes in insurance markets in 2022, especially among agents and digital carriers. So say the people at Agentero, a digital platform and network that uses data and analytics to enable agents to proactively offer insurance …
