Workers’ compensation carriers with visions of profits over the next few years are dreaming. It ain’t goin’ to happen, according to insurance analysts at Standard & Poors Ratings Services. “All signs are pointing to more unprofitable years ahead for the …
For insurance agents Gary Trippe and Jim Pender, the idea for DVIC, or Disabled Veterans Insurance Careers, which aims to provide disabled veterans with employment in insurance, evolved in part from their own personal experiences dealing with disabled family members. …
A recent study from the Small Business Administration suggests there is a strong correlation between self-employment and past military experience. Veterans are at least 45 percent more likely to start their own businesses than those without military background, according to …
Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy. The insurer said it would cut its base commission to its agents to 9 percent of the auto …
The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) also concludes that while loss costs are higher for older workers …
Property/casualty insurers may be poised to raise their prices but buyers may not be in a position to pay more, advises a veteran of insurance cycles. “It’s not an issue of willingness. It’s an issue of capability,” says Jerry Sullivan, …
The talent war is not new but today the insurance industry is under heavy pressure to come up with a more successful strategy. The insurance industry workforce is old. The average age of an insurance industry professional is 54, and …
Senate and House leaders have put their online piracy bills on the back burner after a week of heavy lobbying by technology industry critics of the bills. “It is clear that we need to revisit the approach on how best …
A recent study from the Small Business Administration suggests there is a strong correlation between self-employment and past military experience. Veterans are at least 45 percent more likely to start their own businesses than those without military background, according to …
A coalition of business and environmental groups is calling on President Obama to use his upcoming State of the Union address to urge Congress to reform the nation’s debt-ridden flood insurance program. The U.S. House of Representatives has passed a …
