How to Hold Producers Accountable for Activity & Results November 1, 2021 By Randy Schwantz Let’s talk about producer accountability. The number one thing producers need to be held accountable for is their activity. But...
Global Commercial Insurance Rates Rise 15% in Q3 as Moderation Continues: Marsh November 1, 2021 Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded...
It’s All About Family at Otterstedt Insurance Agency November 1, 2021 By Elizabeth Blosfield The home page of Otterstedt Insurance Agency’s website says, “It’s about people, not policies.” After more than 100 years in...
Declarations November 1, 2021 Risky Riding “When taken together, these data suggest that the dangers of equestrian activities have been severely under-appreciated. … When...
Top Reasons Insurers Decline Cyber Insurance November 1, 2021 By Pete Sfoglia Insurers make money by assuming the business risks of their customers for a fee. They make a profit only if...
Business Owners’ Risk Management Acumen Falls Short in Modern Era: Broker November 1, 2021 In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are...
Business Moves November 1, 2021 National Riskonnect, ICIX Integrated risk management software firm Riskonnect has acquired ICIX, a California-based value chain governance company that helps...
Business Interruption, Recovery Costs Drive Financial Losses From Cyber Attacks: Report November 1, 2021 By L.S. Howard During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published...
Analysts Say U.S. Labor Shortage Could Last a While November 1, 2021 By Caroline Valetkevitch Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and...
Agency E&O Survey: More Agencies See Premiums Rise, Again November 1, 2021 According to Insurance Journal’s 2021 Agency E&O survey, 58.4% of respondents saw an increase in their E&O renewal premium from...