10 Cyber Attacks in 2021 Cost $600M With 40,000 Businesses Put at Risk February 21, 2022 In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of...
Traffic Fatalities Continue on Record Pace But not in All States February 21, 2022 By Hope Yen The number of U.S. traffic deaths surged in the first nine months of 2021 to 31,720, keeping up a record...
Commercial Auto Among Lines With Flattening Rates in 2022, USI Forecast Predicts February 7, 2022 Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial...
Insurance Agency M&As Jumped 30% in 2021: OPTIS February 7, 2022 There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to...
Insurers Deploy Predictive Analytics, Artificial Intelligence in Fraud Fight February 7, 2022 By Jim Sams Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to...
All Additional Insureds Aren’t the Same February 7, 2022 By Bill Wilson For at least the past couple of decades, it seems that in just about every contract, the upstream party wants...
Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3 February 7, 2022 By Chad Hemenway Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends...
Perpetuation Tools of Gifting of Stock & GRATs February 7, 2022 By Catherine Oak For family businesses, the key is to understand everyone’s needs and expectations and then design a plan well in advance...
Top 10 Agency Growth Secrets February 7, 2022 By Tony Caldwell I have the privilege of speaking with many insurance agency entrepreneurs every year. Virtually all of them are interested in...
Transactional Liability Insurance: Why Management Liability Isn’t Enough in Today’s M&A World February 7, 2022 By Kate Lyes and Angus Marshall After a slight Covid-19 related dip in 2020, M&A activity has reached unprecedented levels with 2021 being the busiest year...