Years ago, Chris Boggs authored a phenomenal white paper titled “How to Read an Insurance Policy.” Everyone selling insurance, adjusting claims, and underwriting should read it, especially people new to the industry. It is a must read. I share this …
The reported demise of the independent insurance agency as a sales and distribution channel has been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer models, independent agents continue to thrive …
The year-over-year decline in directors and officers (D&O) insurance prices for the first quarter of 2023 is greater than any prior drop over a comparable period in more than a decade, historical information presented in a new Aon report reveals. …
Weathering a hard insurance market isn’t for the faint of heart. As premiums increase and personal line capacity decreases, independent agents must seek creative solutions to expand their books of business. Getting your agency to thrive during times of economic …
Saving money is the primary focus of consumers searching for auto insurance, according to the J.D. Power 2023 U.S. Insurance Shopping Study. Now in its 17th year, the report highlights the increasing focus on cost as customers shop around for …
National Insurance broker Lockton promoted five key leaders into global roles. Troy Cook will continue in his role as chief financial officer and will also lead all finance and legal associates globally. After serving as an independent member on Lockton’s …
As someone who has worked in and has been a champion for diversity, equity and inclusion (DEI) for much of my career, I know on an instinctive level the incredible value that a diverse workplace brings. It creates a sense …
The rollout of the Lloyd’s Market Association’s (LMA) cyber war exclusions received considerable criticism for the chaos and confusion they caused leading up to their effective date on March 31. But here are some certainties about the new regime: A …
The cannabis industry continues to evolve, with 39 states and the District of Columbia having legalized cannabis on a medicinal level, and 21 states and D.C. allowing cannabis for recreational use. While the market has become increasingly saturated, this is …
May is Mental Health Awareness Month — a time for all of us to think about and bring awareness to the well-being of those we live and work with every day. Employee mental health has been a huge issue for …
