The Basics of a Letter of Intent December 5, 2022 By Catherine Oak and Bill Schoeffler When an agency owner decides to sell, there are a plethora of buyers to choose from. A seller should narrow...
NAIC Has ‘Deep Concerns’ About FIO Bid to Collect Climate Change Data From Insurers December 5, 2022 By Chad Hemenway In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over...
Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years December 5, 2022 The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter — the highest in five...
The Talent Crunch: Tough Competition for Agency Talent Continues December 5, 2022 By Mark Hollmer The struggle to fill vacant positions at Conrade Insurance Group is real. Two slots remain open after the Kansas-based agency...
With Challenge Comes Opportunity: How Networking, Apprenticeship & Mentoring Can Help with Today’s Talent Crunch December 5, 2022 By Mark Hollmer Even before waves of people quit their jobs in the wake of COVID-19, brokers and agents struggled to find and...
Why Boutique Agencies & Brokers Win December 5, 2022 By Chris Burand Professional boutique agencies are the solution, the only real solution, for all those producers who compete against big shops, insurtechs...
Insurance Agencies Share Recruiting Lessons From 2022 December 5, 2022 By Mary Newgard December is the perfect time to reflect on lessons learned over the last 12 months, and how to apply them...
What to Watch In Healthcare D&O, EPLI Post-COVID December 5, 2022 By Judson L. Hobby The dark days of the pandemic are finally easing for the healthcare industry, bringing much needed insurance capacity back for...
Cal. Father And Son Charged for $12M Workers’ Comp Fraud November 21, 2022 Edgardo Cabrales Sr., 61, and his son, Edgar Cabrales Jr., 36, both of San Jose, California, were charged with five...
To Improve Client Relationships, Agents’ Digital Strategies Should Reflect Authenticity November 21, 2022 By Nola Morris Customer relationship-building is one of the greatest value drivers for insurance agents. A benchmark analysis from McKinsey & Co. found...