Agency owners must watch and learn about major trends when they start. Following are the eight key trends that insurance agencies should be tracking for 2023. Insurtech Insurtech will continue to be the shiny object that gets much attention but …
Historic rate increases in the auto insurance line are moving consumers to jump ship and switch carriers, according to a J.D. Powers recent report. Shopping for auto insurance is now at an all-time high. The 12.1% shopping rate observed in …
Prices are increasing. Customers are at risk of being underinsured. They have questions. And your phone is starting to ring more. Many agents were already struggling with staffing post-pandemic. But with historically higher renewal increases on the horizon, many agency …
National Howden Group, TigerRisk Partners Howden Group Holdings has completed its acquisition of TigerRisk Partners to create the “world’s fourth largest global reinsurance broker.” In June 2022, Howden Group announced the purchase of Stamford, Conn.-based TigerRisk — a risk, capital …
The insurance industry continues to settle into new working environments, grapple with the effects of “the Great Resignation” and prepare for a potential recession. While 2022 brought continued unpredictability, insurance organizations were provided an opportunity to embrace change and begin …
Insurance Journal examined industries experiencing changes and a few challenges due to economic forces, tough insurance market conditions, and societal pressure. Here are 10 industry sectors that could see new and emerging risks in 2023 and beyond. Cyber Complexities It …
February, aka Insurance Careers Month, makes me nostalgic. I ask myself, “Had I known then what I know now about insurance would it have changed the trajectory of my career?” The fact is I stumbled into the business a year …
Countless artists have taken inspiration from “The Starry Night” since Vincent Van Gogh painted the swirling scene in 1889. Now artificial intelligence systems are doing the same, training themselves on a vast collection of digitized artworks to produce new images …
Drugmakers and distributors that settled misconduct allegations related to the national opioid epidemic led to a banner year for class-action plaintiffs in 2022, with 15 settlement agreements that totaled $1 billion or more, according to a report by the Duane …
National NFP named Andrew Canning senior vice president and head of project risk advisory for the company’s North America construction and infrastructure group. The group, part of NFP’s specialty business, provides clients with comprehensive construction and surety services designed specifically …
