Officials Say Regulation Standards Factor in Alaska Quake Damage December 16, 2019 Assessments following Alaska’s enormous 2018 earthquake showed building damage was worse outside Anchorage’s safety area because of reduced regulation, municipal...
Cryptocurrency Fraud Losses Surge to $4.4 Billion: CipherTrace Report December 16, 2019 Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking...
Study: California Self-Insured Employers Save Over Traditional Workers’ Comp December 16, 2019 By Don Jergler A new study on California workers’ compensation shows the cost of self-insurance is 14% to 28% less than a traditional...
Fitch Sees Strong Revenue Growth for U.S. Public Insurance Brokers December 16, 2019 Publicly traded U.S. insurance brokers are expected to produce strong revenue growth for 2020 given near peak level organic growth...
Fitch Sees Stronger Commercial Lines But Weaker Auto, Workers’ Compensation Results Coming December 16, 2019 The U.S. property/casualty insurance sector should see small improvements in underwriting profits in 2019 and 2020, thanks largely to commercial...
5 Signs You Need Help for Client Service Openings December 16, 2019 By Mary Newgard In 2020 the average time it will take an insurance agency to hire an experienced Account Manager will be three...
How One Independent Agency is Changing the World December 16, 2019 By Andrea Wells Sterling L. Hammack, Jr., the founder of Professional Insurance Associates (PIA) in San Carlos, Calif., was an extensive world traveler....
How to Lower Agency Value December 16, 2019 By Catherine Oak and Bill Schoeffler As the M&A frenzy continues, buyers keep pushing the envelope when it comes to agency value. The private equity firms...
Insurer Market Conduct Troubles Often Traced to Claims Handling Errors December 16, 2019 By Jim Sams Mistakes by claims professionals were the most common reason for enforcement actions against U.S. property and casualty insurers in 2018,...
P/C Direct Premium Written Up 4.9% December 16, 2019 By Douglas A. Powell Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2018, total DPW for all...