March 5, 2018
Workers’ compensation rates in 2018 will be mixed, with some programs seeing pricing flat to down and others seeing spikes, according to a market prediction from the broker USI. In other words, market trends should continue as they did in …
March 5, 2018
While Andrea Wells’ Feb. 13 article on consolidation in the wholesale space was well researched and written, some conclusions were drawn about the viability of independent wholesalers with which I disagree. As anyone who has tried to schedule a cable …
March 5, 2018
Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings. Technology’s effect on life insurance underwriting is easiest to show by example. It is also further advanced in many ways. For example, what if …
March 5, 2018
State laws banning hand-held cellphone calls while driving can be effective in reducing teens’ hand-held conversations while driving, but texting bans are not effective in reducing texting while driving, according to a new study. The study, led by the Center …
March 5, 2018
The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to a 2016 McKinsey & Co. report. …
March 5, 2018
Paragon Insurance Holdings, Edgewood Partners Insurance Center, Oak Hill Capital Partners Avon, Conn.-based Paragon Insurance Holdings LLC announced that Edgewood Partners Insurance Center and Oak Hill Capital Partners have taken an equity stake in the firm. Terms of the deal …
March 5, 2018
Fear is the No. 1 killer of sales performance. There are a lot of salespeople that avoid making cold calls because of fear. They avoid asking clients for introductions. They avoid setting meaningful and powerful goals. They avoid asking their …
March 5, 2018
Insurance Broker / Large Retail Agent Errors & Omissions Market Detail: Rockwood Brokerage (www.rockwoodbrokerage.com) serves as the exclusive national administrator of an errors & omissions (E&O) product designed to address the unique professional liability exposures faced by insurance agents and …
March 5, 2018
An estimated 669,100 law enforcement officers were treated in emergency departments across the nation for nonfatal injuries between 2003 and 2014, according to a new study. Researchers at the National Institute for Occupational Safety and Health found law enforcement officers …
March 5, 2018
A jury says a Las Vegas, Nevada, homeowners association must pay a man $20 million after a swing set collapsed on him as a teen and left him with brain damage. A Clark County District Court jury returned the verdict …