Weathering a hard insurance market isn’t for the faint of heart. As premiums increase and personal line capacity decreases, independent agents must seek creative solutions to expand their books of business. Getting your agency to thrive during times of economic …
Saving money is the primary focus of consumers searching for auto insurance, according to the J.D. Power 2023 U.S. Insurance Shopping Study. Now in its 17th year, the report highlights the increasing focus on cost as customers shop around for …
National Insurance broker Lockton promoted five key leaders into global roles. Troy Cook will continue in his role as chief financial officer and will also lead all finance and legal associates globally. After serving as an independent member on Lockton’s …
As someone who has worked in and has been a champion for diversity, equity and inclusion (DEI) for much of my career, I know on an instinctive level the incredible value that a diverse workplace brings. It creates a sense …
The rollout of the Lloyd’s Market Association’s (LMA) cyber war exclusions received considerable criticism for the chaos and confusion they caused leading up to their effective date on March 31. But here are some certainties about the new regime: A …
The cannabis industry continues to evolve, with 39 states and the District of Columbia having legalized cannabis on a medicinal level, and 21 states and D.C. allowing cannabis for recreational use. While the market has become increasingly saturated, this is …
May is Mental Health Awareness Month — a time for all of us to think about and bring awareness to the well-being of those we live and work with every day. Employee mental health has been a huge issue for …
Chubb CEO Evan Greenberg says society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major contributor to increases in frequency and severity within casualty insurance lines. “What social purpose does litigation …
Most agent errors and omissions (E&O) policies cover claims that arise from “professional services.” This term is usually defined in the E&O policy to be something like “activities as an insurance agent or insurance broker” or “services rendered as a …
National American Financial Group, Crop Risk Services American Financial Group Inc. and American International Group entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) from AIG. Under the terms of the transaction, AFG will pay AIG …
