A Better Customer Experience: What Agents Should Expect from Insurers October 7, 2024 By Steven Crone and Yiguang Qiu In today’s competitive insurance environment, successful independent agencies have focused on building their agency’s brand. To that end, agents must...
AM Best Downgrades Credit Ratings of Texas Farm Bureau October 7, 2024 AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit...
AM Best: Unfavorable Operating Performance Key Driver of Downgrades October 7, 2024 Deteriorating market conditions and rising loss costs led to a 60 % increase in rating downgrades of AM Best-rated U.S.-based...
Hurricane Francine Insured Losses Expected to Be Manageable October 7, 2024 Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst...
Redefining the Employee Experience for Today’s Workplace October 7, 2024 By Corey Pinkham An organization’s ability to provide an exceptional employee experience impacts its success in many ways, from driving profitability and growth...
Report: Over 250,000 US Properties Have Repeated NFIP Claims October 7, 2024 By Ezra Amacher More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program...
Worker’s Death in Ohio Prompts Concerns Over Remote Control Trains September 16, 2024 By Josh Funk The CSX worker who discovered his friend run over by a pair of remote-control locomotives in a rail yard last...
RAND Study Eyes Impact of Legal System Abuse, Social Inflation September 16, 2024 A study from RAND found that rising litigation rates, trial awards and claim severity are consistent with the expected effects...
‘No’ Is Not an Option for E&S Brokers Managing Busy Times – Young E&S Pros Share Views on Surplus Lines September 16, 2024 By Jahna Jacobson Wholesale insurance teams are up for a challenge, and they need to be. Rising rates, shrinking appetites, hurricanes, wildfires and...
Young Brokers Share a Few Keys to Success September 16, 2024 Finding success in the excess and surplus lines sector means building relationships, finding a specialty, putting in the work and...