Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually, according to a Demotech analysis. At year-end 2014, more than $570 billion of DPW was reported, a record-high for the industry. For 2014, total DPW for all …
With more than 12 million registered vessels nationwide, the boat and yacht market presents an interesting opportunity for agents and brokers to add to their book. Boats are a growing opportunity for Travelers as well, says Todd Shasha, managing director, …
Women who are top leaders or producers in property/casualty insurance agencies make materially less than men in the same positions. While females make up almost half of all agency employees (48.3 percent), across the board females earned 109 percent less …
Deer breeding operations can generate high receipts. A relatively new type of risk, deer breeding has many peculiarities that agents should be aware of to better service their clients. Here are some of them: Fencing is imperative when looking at …
Technology has transformed how we operate in almost every facet of our life. It has changed the face of business for every industry. Insurance is no different. Yet, as I look within our industry I see a problem. I see …
For many recent graduates and young professionals, salary is a key component of the job search. However, in their focus on a starting wage, Millennials often overlook the additional perks and benefits that make up a complete compensation package. While …
The Hilb Group, Dowling & O’Neil The Hilb Group, a middle market insurance agency based in Richmond, Va., has acquired Dowling & O’Neil, an independent agency in Hyannis, Mass. Terms of the transaction were not disclosed. Founded in 1841, Dowling …
E-Cigarette Marketing “The health of New York City kids is not for sale.” —New York City Comptroller Scott Stringer on the need to investigate and regulate marketing of e-cigarettes. Stringer hosted a rally with dozens of advocates, parents and youth …
Merger and acquisition activity for 2015 set a new record with 456 deals, sailing past the previous high-water mark of 325 deals set in 2012, according to recent data. The fourth quarter closed with 104 announced transactions, pushing the total …
Retaliation charges increased by nearly 5 percent in 2015 and continue to be the leading concern raised by workers across the country. Disability charges increased by 6 percent from last year and are the third largest category of charges filed. …
