Can a Firm’s Culture Created by a Salesperson Be Grown Into a Business Culture? September 19, 2022 By Chris Burand Having a sales culture in your agency is not synonymous with having business culture. As so many examples of vaporware...
Record-High Direct Premiums Written for the U.S. Surplus Lines Segment in 2021 September 19, 2022 Total U.S. surplus lines direct premiums written (DPW) reached a record $82.6 billion in 2021, with momentum continuing through mid-year...
Man-Made Crises Threaten P/C Markets, Says Joint Report From Trade Associations September 19, 2022 By Chad Hemenway Several insurance industry trade associations used the 30th anniversary of Hurricane Andrew — a storm that upended and transformed insurance...
The Homeowners Nonexclusion Exclusion September 19, 2022 By Bill Wilson In 2004, almost 18 years ago, I began an initiative to expose one of the most onerous and egregious provisions...
To Maximize Performance, Motivate the Entire Team September 19, 2022 By Robin Williams The insurance sector is crowded and competitive. Products are complex and the customer journey is complicated. You need motivation to...
4 Issues Facing Contractors That Agents Must Know September 19, 2022 By Alan Ferguson Despite the plethora of construction work currently available thanks to state and federal infrastructure investments and the pent-up demand for...
U.S. P/C Records $6.3 Billion First-Half Underwriting Loss: AM Best September 19, 2022 Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a...
Agency Networks: Thriving Now and in the Future September 19, 2022 By Andrea Wells Agency partnerships and networks continue to grow and add value for property/casualty independent agencies, large and small, by adding greater...
Judge Rules Walgreens Contributed to San Francisco’s Opioid Crisis September 5, 2022 By Juliet Williams A federal judge ruled in mid-August that Walgreens can be held responsible for contributing to San Francisco’s opioid crisis for...
P/C Underwriting Profitability to Worsen as Inflation, Hard Market Persist September 5, 2022 The 2022 combined ratio for the property/casualty insurance industry is forecast to be 100.7, a worsening of 1.2 points relative...