Monthly Archives: <span>February 2019</span>

Predicting Path of Spreading Wildfires

A University of Missouri researcher is teaming up with scholars in Kansas and Georgia to develop drone technology to monitor and potentially predict the spread of wildfires. The $1.2 million project will use drones to collect real-time data and send …

Eating an Elephant: Tales from 9 Agency Start-Ups

What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times, it’s about creating something out of necessity. …

5 Reasons Autonomous Cars Won’t Be Available Anytime Soon

In the world of autonomous vehicles, Pittsburgh and Silicon Valley are bustling hubs of development and testing. But ask those involved in self-driving vehicles when they might actually be seen carrying passengers in every city, the almost universal answer is: …

Show Them the Money

To Win the War for Talent In today’s passive, candidate-driven market, employers do not have the upper hand in the recruitment process. Despite the rising rate of retirement among experienced professionals, which is forcing organizations to increase their hiring efforts, …

Affluent Market Rivals Not Making Much of a Dent in Chubb’s Business

Chubb’s high-net-worth personal lines insurance business may have some new competition, but Chairman and CEO Evan Greenberg and a key executive say those rivals haven’t made much of a dent. “From my point of view we don’t see a change …

‘Sharing’ in Workplace Can Undermine Authority

Sharing personal information with friends and family has long been held by researchers as a way to build rapport and healthy relationships. But between coworkers, that’s not always true. Researchers at the Georgia Institute of Technology looked into how personal …

The Myth of Agency Multiples

Whenever agency principals get together, the topic of agency valuations is sure to come up. Someone will start talking about an agency that sold at an unbelievably high multiple. Pretty soon, everyone’s nodding their head and saying there’s a killing …

The Original Family Business

Why family farms dance between the line of personal and commercial coverage Nowhere is insurance more complicated than when you mix two exposures that don’t “traditionally” go together, like business and personal exposures. The original family business is the family …

Insurance Linked Securities Market Grows to $93B in 2018: Willis Re

Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis Towers Watson. In the …

Really? Using Hands-Free Devices While Driving Not So Risky?

New research suggests that drivers who use hands-free electronic devices, as opposed to handheld ones, are not increasing their risk of getting into a crash. According to the research from Virginia Tech Transportation Institute, with hands-free technology, drivers can make …