Cover Story

How Wholesale Brokers Are Winning Over the Next Generation

“Cool. Sexy. Rewarding. Fascinating. Flexible. Better than ESPN.” That’s not some googley-eyed entrepreneurial hotshots talking about the latest insurtech. That’s young brokers talking about the wholesale insurance business. While college students rarely start out expecting to enter wholesale, proactive and …

Insurtech Pilots and Pivots: Learning by Doing and Undoing

“If you can’t admit a failure, you’re not an entrepreneur. You are not a good business person. There’s nothing brilliant about what you are doing.” –Mark Cuban Insurtechs are great for the industry because it needs to change to be …

Workers’ Comp : Healthy Underwriting Gain, Premium Growth Blockage

Workers’ compensation insurers are managing their premiums dollars better than they have in years, but those premium dollars are stagnating even as employment and wages are rising. In 2017, for the fourth consecutive year they posted an underwriting gain — …

Still an Uphill Climb for Commercial Auto Market

The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier. More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and “nuclear” verdicts are all adding to troubling …

The Charity Issue: Photos of Giving

The Keane Insurance Group John Keane, president of The Keane Insurance Group, founded the Keane Charitable Group in 2010 after the earthquake in Haiti. Since then, The Keane Group has raised more than $1 million to build an orphanage, a …

Agency E&O Before and After the Storm

For independent agents, errors and omissions (E&O) allegations can surface any day or week but the risk is heightened in the days following natural catastrophes. “After the storm passes over and the claims start to come in, the risk for …

Brokers Bucking Disruption: How Wholesalers Hang On Through Change

As long as there is an insurance industry, wholesaler brokers believe they will have a role to play. “We will continue to be an important sector – a small sector – but still a very important sector of how insurance …

2017 Super Regional Property/Casualty Insurers Revealed

Once again, Demotech Inc., the official research partner of Insurance Journal, identified the nation’s Super Regional Property/Casualty Insurers — P/C insurers writing multiple lines of insurance in multiple states. To determine the companies for the 2017 Super Regional Property/Casualty Insurerâ„¢ …

There’s No ‘Typical’ Day at Work for Whirlpool’s Director of Risk Management

How do you incorporate a sustainable and cohesive enterprise risk management system across a company that has nearly 100,000 employees, 70 manufacturing and technology research centers located in 170 countries around the world, and $21 billion in annual sales? It’s …

Illinois’ Cost per Workers’ Comp Claim Trending Down

The average total cost of a workers’ compensation claim in Illinois has dropped by 6.4 percent since 2010, but the state still has relatively high costs per claim, according to a report by the Workers Compensation Research Institute (WCRI). The …

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