Editor’s Note

Congratulations Top 100 Agencies

This year marks the 17th annual publication of Insurance Journal’s Top 100 Independent Agencies special report. This year’s Top 100 welcomes 11 newcomers to the list: Holmes Murphy; Acentria Insurance; Patriot Growth Insurance Services LLC; ALKEME; Oakbridge Insurance Agency LLC; …

Vehicles Going Green

A Cornell University-led research team has calculated that by the year 2050, vehicle electrification, driverless cars and ride sharing could prevent 5,500 premature deaths and save $58 billion annually, while simultaneously slashing U.S. petroleum consumption by 50% and carbon dioxide …

Insurance Awareness Day, Every Day

National Insurance Awareness Day was held on June 28 as a reminder for individuals, families and businesses to review their insurance policies and take steps to prevent being underinsured. But shouldn’t we all think about this topic every day, or …

Ridesharing and Auto Collisions

The increased use of ridesharing apps appears to be associated with a decrease in motor vehicle collisions and impaired driving convictions. That’s according to research by The University of Texas Health Science Center at Houston (UTHealth). The findings based on …

The Road to Breaking-Even

After years of poor returns, commercial auto insurers could finally break-even in 2021. The segment posted its best underwriting result in a decade in 2020, thanks to continued big rate increases and a big drop in driving due to the …

Customers Ignored Auto Brands During Pandemic

When it came to buying auto insurance during the pandemic, brand didn’t matter as much to customers, according to a recent study. While auto insurance customers may have shopped around for new policies, few cared about the specific brand they …

Insurance Relief for COVID and More

Last month at a media event the insurance industry nonprofit Insurance Industry Charitable Foundation (IICF) gave insurance industry leaders an opportunity to talk about their philanthropic initiatives. Leaders from AIG, AmWins, AXA XL, EY, Lloyd’s and The Hartford discussed their …

What Young Agents Think

This issue of Insurance Journal features exclusive results from the 2021 Young Agents Survey where nearly 300 young agents nationwide shared their views on the insurance industry and their experience as an agent. (see page 30 for the full report). …

The Agency Universe

Independent agencies are holding steady but continue to have concerns about emerging competition in personal lines, an aging workforce and lack of diversity in leadership. That’s according to a new study that found the number of independent insurance agencies has …

Flexible Work Options

Insurance agency managers may need to reassess the future of the five-day-a-week office after the pandemic is over as nearly two-thirds of agency employees would like a mix of at-home and office going forward. That’s according to a report, Insurance …

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