Articles by Andrea Wells

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

Profits to Sink Until 2021 Second Half: Fitch

While insurance rates have risen for nine consecutive quarters due to large catastrophe losses and accelerating claims inflation, Fitch Ratings expects that technical profits won’t be seen until the second half of 2021 as a result of the effects of …

It’s a Wrap For Entertainment, at Least for Now

The entertainment industry is prepping for its return to work after a near total shutdown from COVID-19. What the future holds for the entertainment industry and insurance brokers serving this sector remains unclear, experts say. John A. Hamby, senior managing …

Research Shows Large Public Firms Neglected Pandemic Risk Assessments

The risk of a pandemic was known prior to the current health crisis, yet in disclosing their risk factors to shareholders in 2018, public companies showed little foresight in terms of the impact and likelihood of a pandemic, according to …

Mature Innovators Are Successful, Too

A new study makes the case that entrepreneurship isn’t just for the young, or for men. From Steve Jobs to Mark Zuckerberg, the stories of prosperous, young innovators drive the American economic narrative. However, the truth is that older business …

Game ON: Young Agents Take On COVID Crisis

The death toll from the coronavirus keeps rising. So too does the economic toll. The crisis has decimated huge sectors of the economy, leading to unprecedented unemployment and business closures. It has been a time of foreboding and tragedy for …

Zoom Trouble

Online video conferencing has proven itself a useful technology tool in the midst of a worldwide quarantine thanks to COVID-19 but such rapid expansion in recent weeks is causing one of the largest firms a bit of privacy troubles. Zoom …

Insurance Agency Employees Making More Money But Not as Happy

Insurance agency personnel on average made a little more money in 2019 but they were not as happy as they were in 2018. Nearly all personnel — owners, producers and support staff — enjoyed a slight uptick in average pay. …

Manufacturers: Mostly On Their Own to Face Coronavirus Insurance

Remote Work Not Much Help for Assembly Lines Property/casualty insurance professionals are trying to provide advice and empathy to their manufacturing clients coping with the effects of the spread of the coronavirus. But they are not able to offer much …

A Warning from Tomorrow

While most of the world is focused on preventing the spread of Covid-19, there’s another looming catastrophe almost certain to happen: cyberattacks. A new government report on cybersecurity, “A Warning from Tomorrow,” asserts the nation is seriously underprepared for cyberattacks …

Homeowners’ Satisfaction

U.S. homeowner insurers are doing a better job than ever making their customers happy when responding to claims, according to J.D. Power. Results of the firm’s Property Claims Satisfaction Study show that overall customer satisfaction with the property claims process …