A new survey from Towers Watson confirms that more than half (55 percent) of property/casualty insurance chief financial officers believe the property reinsurance market is softer than the primary market, while about one-third (34 percent) deem the same is true …
Insurance may not be at the top of the list for college graduates when it comes to career choices, but the young professionals that do take a stab at it have some good things to say. This special issue of …
Although most insurers providing professional liability insurance for architects and engineers sought to raise rates last year, the size of the increases generally failed to meet their expectations. Nevertheless, nearly all leading insurers offering this specialty coverage saw premium growth …
The market for environmental insurance products remains fluid and highly competitive. Although some carriers raised rates, aggressive pricing and terms are still prevalent. Pricing expectations are flat to 10 percent lower than in 2012. (Marsh, Jan. 2014) Virtually all markets …
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The call to become an insurance agent is different for everyone. For Matthew Ostrow the call to become an independent agent came via social media. Thirty-year old Ostrow entered insurance just five months ago after a recruiting firm contacted him …
There has been much discussion regarding the increasing frequency and intensity of storms around the world. While both underwriters and insurance buyers are concerned with exposure to potential catastrophic losses from these storms, the focus has been on property damage …
It’s rare to read an industry magazine or attend an industry conference without the topic of mergers and acquisitions coming up. The issues addressed typically include the cost of acquisitions, tax implications, systems matters, when a consultant is needed and …
The insurance industry is on the cusp of a talent crisis as its workforce continues to “gray.” According to the Bureau of Labor Statistics, nearly 50 percent of the industry’s workforce is above the age of 45. Throughout the next …
Like many of my peers, I grew up in family-owned independent insurance agency and sort of inherited the insurance bug. Unlike most of my peers, our family’s agency is minority-owned and I’m younger than 40. The majority of independent insurance …
