December 2, 2024
It’s no surprise to independent agencies that talent, quality talent, is hard to find. Employers of every size and industry — across nearly every state — say they are facing unprecedented challenges trying to find enough workers to fill open …
November 18, 2024
Predictions of a softer insurance pricing market are on the horizon. Perhaps not in early 2025, but there’s no question the market is stabilizing from the high prices the sector has seen in recent years. Relying on higher revenue from …
November 18, 2024
Legal and social issues have put corporate America’s diversity efforts on defense like never before. But despite the scrutiny, diversity, equity and inclusion programs continue to receive high marks from employees, according to a recent survey from The Conference Board. …
November 4, 2024
According to Insurance Journal’s annual Agency E&O survey, which polls buyers of the coverage on pricing and trends on current market conditions, about 73% of respondents saw an increase in their agency E&O renewal premium in 2024. That’s up from …
November 4, 2024
The federal Occupational Safety and Health Administration (OSHA) must do more to address ergonomic hazards at warehouses and delivery companies, where the number of injured workers in the growing sector are on the rise, according to a new report. The …
November 4, 2024
When it comes to agency errors and omissions liability there’s nothing more important than playing it safe. One proven way is ensuring that everything is documented properly. But because there is always the threat of an E&O allegation turning into …
November 4, 2024
Special relationships, fiduciary duties, the hard market and disasters, are areas of exposure that agencies need to watch over when it comes to agency E&O, the experts say. Here’s why. Special Relationships One area that is getting extra attention in …
October 21, 2024
That used to be one of my biggest beefs as an agency owner — I have all of these pieces of tech and none of them talked to each other,” Vonda Copeland, co-owner and vice president of operations at Copeland …
October 21, 2024
Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According to the J.D. Power 2024 …
October 7, 2024
When it comes to small business owners and their insurance providers, trust matters. So do personalized relationships. Even in an environment of rising rates in which 36% of small business owners have experienced premium increases during the past year, overall …