More than 50 severe flood events around the world caused combined economic losses of $82 billion in 2021, while insured losses stood at slightly more than $20 billion — more evidence of a large ongoing global insurance protection gap of …
The world is a different place today. In days gone by, agents focused on protecting their expiration rights from carriers and producers stealing their books of business. From many angles, those were the halcyon days. Carrier Contracts For a very …
Girl Scouts v. Boy Scouts “This case boils down to a single question: must the Boy Scouts continue to use the word ‘Boy’ in its name now that it has become a co-ed institution.” — U.S. District Judge Alvin K. …
National Berkshire Hathaway Warren Buffett’s Berkshire Hathaway reached an agreement with Alleghany Corp. to buy the New York-based property and casualty insurer for about $11.6 billion. Omaha, Nebraska-based Berkshire will acquire all outstanding Alleghany shares for $848.02 per share in …
This issue of Insurance Journal features exclusive results from the 2022 Young Agents Survey where nearly 300 young agents nationwide shared their views on the insurance industry and their experiences as agents. This annual report also features the professional stories …
Franchised Truck Dealerships Market Detail: Williams & Stazzone offers a specialty package insurance program for Franchised Truck Dealerships. The comprehensive program may include: Garage Liability Package Policy; Contingent Lease & Rental; Dealers Physical Damage (Inventory); Property, Crime, and Inland Marine; …
Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled characteristics of disasters, which are altering the industry’s understanding of these risks, according to a report published by RMS. “Secondary …
There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is enough to keep the industry on …
The role of a great leader continues to evolve as new business demands and expectations are met with shifting challenges and priorities. However, while most insurers are focused on growing employees’ technical abilities, many overlook the importance of interpersonal and …
Editor’s Note: To view the complete results of the 2022 Young Agents Survey and corresponding charts download the full issue at: https://www.insurancejournal.com/magazines/ Young agents are an optimistic bunch when it comes to their career choice and the future of the …
