Articles by Andrea Wells

Andrea Wells is a veteran insurance editor and Editor-in-Chief of Insurance Journal Magazine.

Giving Back, Giving Together

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 …

Program Business

Welcome to the second edition of Insurance Journal’s 2021 Program Directory issue, published twice a year for agents and broker searching for available insurance markets and programs. Program business is an area of the insurance industry that has experienced significant …

Staying Focused on Surplus Lines: Amwins’ President Drinkwater

It’s an interesting time in the surplus lines industry with insurance rates increasing and capacity being limited in some classes of business. It’s a time when maintaining focus is critical to finding success, according to the president of Amwins Group, …

Lexington’s Levinson on Why E&S Is More Relevant Now Than Ever

When Lou Levinson became president and CEO of Lexington Insurance in late 2018, he knew the company needed a change. He believed that Lexington should be a wholesale focused distribution channel and that the company should remain focused and disciplined …

Theft Down, Weather Losses Up in Homeowners

Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years. According to the 2021, LexisNexis Home Trends Report, the loss cost in 2020 also …

Why 3 Young Professionals Love E&S

Young professionals in the surplus lines industry call the excess and surplus lines (E&S) sector the best kept secret when it comes to a career choice. It’s an industry that provides eager young talent with opportunities to innovate and create …

Bad Conduct

The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and appeal processes–as well as underwriting, rating and insurance producer and sales issues. That’s according to a review by Wolters Kluwer …

Surfing for The Next Agency E&O

Errors & omissions claims against agencies related to the COVID-19 pandemic have not materialized as feared a year ago. Overall, E&O claims against agencies actually dropped in 2020. That’s basically good news for agency owners. However, experts warn that agencies …

Agencies Made Progress With Technology During Pandemic but Data Issues Remain Obstacle to Digital Future

It’s difficult enough keeping up with the latest trends in agency technology let alone trying to do it during a global pandemic. But industry technology experts say independent agencies made progress, with many accelerating their technology use during the pandemic. …

Agent Satisfaction

Despite independent agents having long driven the lion’s share of property/casualty (P&C) insurance industry revenue, many have been feeling neglected by carriers who have had their sights set on the direct-to-consumer market for the past several years. That’s changing, according …