Monthly Archives: <span>August 2016</span>

Battle Against Forced Arbitration in Financial Contracts Could Take Years

A U.S. agency’s plans to ban forced arbitration clauses from financial contracts faces a tough road, with early reaction pointing to a years-long battle that could take a Supreme Court test to settle. Thousands of angry consumers and business representatives …

Failure of Uber Settlement Opens Door for Wage Claims

The rejection of a $100 million settlement with drivers comes with plenty of silver linings for Uber Technologies Inc. The gray cloud for the ride-hailing company is that a dozen or so lawsuits that would have been silenced may now …

10 Ways to Be a Competitive Buyer in a Seller’s Market

Many agency owners would like to acquire another firm that is compatible with theirs. Agency owners today want to be buyers of agencies with books that might be a great fit with the same type of business the agency already …

Is Education the Key to Unlocking the Next Generation of Talent?

The insurance talent crisis is here. Thanks to an aging workforce, an impending wave of retirements and an increasingly shallow talent pool, the industry is now coming face-to-face with a growing labor gap. The past 10 years have seen the …

Is Your Website Accessible for Users with Visual Disabilities?

Employers are getting sued under the Americans with Disabilities Act (ADA) because their websites are not accessible for individuals with visual disabilities. Although the deadline for creating accessibility standards under the ADA has been pushed back to 2018, private businesses …

The Top 10 Things Sharp Brokers Should Consider When Placing Cyber Liability

The insurance marketplace for cyber liability is constantly evolving. Technology is always improving, the level of data security and awareness is escalating and the tools used by the criminals and the bad actors are becoming more sophisticated. Additionally, the individuals …

Profile: Kevelighan Takes Over at Insurance Information Institute

In his nearly two decades in government and business, Sean Kevelighan has had his public affairs and communications fitness tested in high-profile situations, most notably working for the Treasury Department and as press secretary for the White House Office of …

It’s Not How Much You Make…It’s How Much You Save

We need to find many, not one, silver bullets to have people save for a life that is going to be closer to 100 years,” Joseph Coughlin, director of MIT’s AgeLab. That came right out of the USA Today, on …

Small Business Satisfaction

No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers, according to the recently released J.D. Power 2016 …

Agent-Broker Organic Growth Slows to 5-Year Low: Reagan Consult

Organic revenue growth in independent insurance agencies and brokerage fell to 4.0 percent for the second quarter of 2016, down sharply from 5.9 percent for the second quarter of 2015, and the lowest rate since 2011, as measured by the …