With unemployment at an all-time low, companies are implementing smarter strategies to gain an advantage in attracting and retaining talent. That effort involves finding ways to appeal to workers of different generational cohorts, including millennials, which have become the largest …
The personal umbrella market had been steady for many years, with lots of choices available in the market when it came to finding the right coverage for customers. However, recent changes are turning the market upside down and creating additional …
Continuing education. Just the mere mention of it can evoke a sense of dread for the drudgery of having to comply, once again, with state-mandated rules for maintaining one’s license as an insurance producer. Some may look for the easiest …
In a recent Insurance Journal poll, only 12% of independent agents reported that their small business customers have contacted them about increased risks and exposures that arise during the holiday season. While alarming, it also is an important reminder of …
While most insurance claims are legitimate, studies indicate that 10% or more of all property/casualty insurance claims are fraudulent. In the workers’ compensation industry, combatting fraud can seem like a game of Whack-A-Mole. When certain schemes and scenarios are addressed, …
The surplus lines marketplace is often viewed as the insurer of last resort, the marketplace for bad risks with poor loss records. But particularly in a time of great economic growth like now — we’re also the place where innovative …
The shooting in Dayton, Ohio, August 4, became the 247th mass shooting in the U.S. in 2019. At an average of more than one mass shooting per day, statistics highlight the need for awareness among organizations of all sizes about …
The phrase “climate change” is not one a lot of people want to bring up at the dinner table at family reunions. It is fraught with often-divisive ideological connotations, yet it does reflect the fact that weather is undeniably changing …
There used to be a time when independent insurance agents were wary of what disruption insurtech might bring. They feared a future where all insurance transactions were done digitally — eliminating the need for the familiar agent that had become …
Gone are the days of insurers and brokers offering multiline and multi-divisional training to their new staff. People entering the workforce today will start their careers with an insurance carrier or brokerage firm within one of the many industry disciplines. …
