Most Small Businesses Lost Sales Due to Pandemic: Fed Survey February 22, 2021 By Jonnelle Marte The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic,...
California Surplus Lines Weathered Pandemic, Wildfires, Civil Unrest February 22, 2021 By Don Jergler In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines...
Over $115M in Federal Flood Claims Paid in Louisiana After 2020 Hurricanes February 22, 2021 As of Feb. 1, the National Flood Insurance Program (NFIP) had paid out more than $115 million in flood claims...
SLA-Cal Officers and Board Members for 2021 February 22, 2021 Officers: Terri Moran, Chair–Paul Hanson Partners Janet Beaver, Vice Chair–Tokio Marine-HCC Casualty Group Rich Gobler, Secretary/Treasurer–Burns & Wilcox Robert Gilbert,...
Tesla to Offer Auto Insurance Program in Texas February 22, 2021 Not only is Tesla moving some manufacturing operations to Austin, Texas, its founder, Elon Musk, is said to be relocating...
Agency Employee Satisfaction Rises Despite Pay Decreases February 22, 2021 Insurance agency personnel on average made a little less money in 2020 but they were more satisfied with their compensation...
Agency Salary Survey: Satisfaction Rises, Compensation Falls, Agencies Kept Employees Happy Through Disruption February 22, 2021 By Andrea Wells Independent insurance agencies not only managed to survive through the 2020 economic downturn and pandemic, but also managed to keep...
COVID-19 and Employment Practices Litigation February 8, 2021 By Patrick Wraight As soon as the first community was shut down to slow the spread of the coronavirus or the first announcement...
Global Catastrophe Economic Losses Largely Unaddressed by Insurance February 8, 2021 There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% more...
Grow Big or Go Home; 5-Step Evidence-Based Hiring Process to Help Your Agency Grow February 8, 2021 By Randy Schwantz Each bad hire can easily cost you $100,000 to $200,000. However, quality producers can add $1 million of annual revenue...