Young consumers don’t always trust the insurance industry, but most do, according to a new study from the Society of Actuaries (SOA) Research Institute, which found that on average, younger consumers rated insurance companies a six out of 10 in …
This issue of Insurance Journal features exclusive results from the 2023 Young Agents Survey where young agents nationwide shared their views on the insurance industry and their experiences as agents. (See page 32 for the full report.) Optimism overall among …
There appears to be a large gap between small business owners’ biggest stressors in 2023 and what they’re prepared for when it comes to their insurance knowledge and coverage. That’s according to data released from NEXT Insurance which surveyed more …
At first glance, examining gender equality within independent agencies seems to show a near equal balance. After all, gender representation in insurance agencies showed significant improvement over the last few years. Between 2018 and 2022, the percentage of agencies with …
The increasing cost of flooding due to climate change has led to growing concerns that housing markets are mispricing these risks, thus causing a real estate bubble to develop, according to a study published recently in the journal Nature Climate …
This issue reveals data and compensation insights gathered from Insurance Journal’s annual Agency Salary Survey. For the first time in the survey’s 14-year history, salary averages reported were higher than any other years’ data. You can download the full agency …
Historic rate increases in the auto insurance line are moving consumers to jump ship and switch carriers, according to a J.D. Powers recent report. Shopping for auto insurance is now at an all-time high. The 12.1% shopping rate observed in …
This year marks the 100th anniversary of Insurance Journal’s flagship print magazine. While some say print is dead, we know better. We still love seeing words on paper, just as songwriters like to hear their lyrics sung. And, fortunately, apparently …
2023 is a BIG year for Insurance Journal. We turn 100 years old! To begin our 100th anniversary celebration, we are launching our first-ever holiday album. Yes, that’s right! The first single — “O Property O Casualty” — launched in …
Despite a majority of global business leaders expecting a recession within the next year, many still have a positive outlook on the economy. Some leaders even reported feeling very prepared heading into a recession. According to Aon’s 2022 Executive Risk …
