November 16, 2020
Catastrophe risk modeler RMS has estimated that insured losses from Hurricane Zeta could rise to as high as $5 billion in the U.S. That figure is slightly higher than estimates announced earlier by catastrophe modelers AIR Worldwide, CoreLogic and Karen …
November 16, 2020
Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer face-to-face meetings, which they believe are important to …
November 16, 2020
Korotkin Insurance Group (KIG) in Southfield, Michigan, may be more than 100 years old, but it’s definitely not stagnating and that’s a definite plus, according to those who work there. With 55 employees and annual revenues in the $1 million …
November 16, 2020
Towing Market Detail: Arrowhead General Insurance Agency Inc. (www.arrowheadgrp.com) provides insurance for towing businesses through its Automotive Aftermarket Program (formerly Universal Underwriters). This product provides coverage for established operations with industry experience primarily engaged in towing automobiles. This can include …
November 16, 2020
While the current national health conversation has largely centered on the COVID-19 pandemic, which has resulted in more than 200,000 deaths in the U.S. alone and more than a million worldwide according to recent World Health Organization (WHO) data, another …
November 16, 2020
Gig economy companies want to turn California voters’ decision to make ride-service drivers contractors into a model for the nation, as several states consider requiring drivers from Uber, Lyft and rival services be treated as employees with higher compensation. Voters …
November 16, 2020
Global commercial insurance pricing rocketed 20% higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh said the jump was the largest since launching its …
November 16, 2020
“Our agency just hired two junior recruiters. I need a lot of resources to overcome their inexperience. LinkedIn has been our ‘go to’ but they want to charge $10,000 for one seat. I can’t afford $20k for each recruiter to …
November 16, 2020
I have been legitimately and constructively criticized for spending too much time in my seminars describing the issue at hand, building urgency to change and identifying what people are doing wrong. The advice I’ve received is to do what other …
November 16, 2020
A nearly universal problem during the coronavirus pandemic has been running out of programs to binge watch on television. I hate to admit it, but that’s true for me, and it has resulted in my watching obscure architectural programs. In …