Big Recruiting Challenges Ahead for Insurance Agencies in 2025 January 27, 2025 By Mary Newgard Have you felt like hiring and recruiting has been harder lately? It’s tough to find good candidates. People seem less...
Industry Trends to Exploit for 2025 – Part Two January 27, 2025 By Catherine Oak and Bill Schoeffler This article follows Part One from last month and covers group benefits and health insurance, the effects of natural disasters...
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers January 27, 2025 By L.S. Howard Reinsurance buyers generally found ample capacity during January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate...
Settlements Eclipse $40 Billion in 2024 as PFAS, Reverse Discrimination Claims Emerge January 27, 2025 By Chad Hemenway Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400...
Commercial Property Market Stabilizing, With Ample Capacity: USI January 27, 2025 The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or...
Industry Trends to Exploit for 2025 – Part One December 2, 2024 By Catherine Oak and Bill Schoeffler Agency owners must observe and learn about significant new trends in the insurance industry. The following are three critical industry...
Federal Judge Strikes Down Biden Overtime Pay Rule December 2, 2024 By Daniel Wiessner A federal judge in Texas permanently blocked a Biden administration rule that would have made about 4 million more salaried...
Safeco to Take Personal Lines Renewal Business of Main Street America December 2, 2024 By Chad Hemenway Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood December 2, 2024 By William Rabb Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S....
Progressive to End Offering Dwelling Fire Insurance December 2, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...