Texas Court Rules to Cut Attorney’s Fees in First-Party Appraisals March 4, 2024 By Ezra Amacher The Texas Supreme Court recently ruled that when an insurance company pays an appraisal award plus any statutory interest in...
Top 4 Alternatives to Purchasing Homeowners Insurance March 4, 2024 By Patrick Wraight Homeowners insurance companies are having a rough year. What’s worse is that they seem to be taking it out on...
WTW Upgrades Hawaiian Coral Reef Parametric Insurance Policy March 4, 2024 WTW and The Nature Conservancy (TNC) announced the purchase of a new coral reef insurance policy that expands coverage around...
Extreme Weather, Cyber Risks Top Concerns When Insuring Farms February 19, 2024 By Jahna Jacobson As risks from extreme weather, technology glitches and cyberattacks rise, so does the need for agricultural insurance that can cover...
Agency Compensation Rose Again in 2023 But Not Everyone Is Pleased February 19, 2024 By Andrea Wells Agency salaries and total compensation rose in 2023 for everyone in the Insurance Journal Agency Salary Survey. But while insurance...
Wear and Tear and Mechanical Breakdown Exclusions Under Auto Policies February 19, 2024 By Bill Wilson In my September 2023 column, I wrote about wear and tear exclusions in property policies and how these exclusions are...
Why Insurance Professionals Will Change Jobs in 2024 February 19, 2024 By Mary Newgard February is Insurance Careers Month, a time often used to attract the attention of college graduates and professionals from other...
Salaries, Total Income Skyrocketed in 2023 But Satisfaction with Compensation Waned February 19, 2024 By Andrea Wells Insurance agency employees and producers on average made more money in 2023 but, overall, employees reported lower satisfaction with their...
Officials Say California Family Arraigned for Auto Insurance Fraud Filed 40-Plus Claims February 19, 2024 Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she...
‘New Normal’ in Agency M&A Landscape Experts Share 2024 Outlook for Independent Agencies February 19, 2024 By Allen Laman The number of announced insurance distribution mergers and acquisitions boomed in 2021 and 2022. Last year, the count plummeted to...