Monthly Archives: <span>March 2024</span>

My New Markets

Small Business – Admitted Market Detail: FTP Inc. offers professional liability, general liability, business owner’s policy, and cyber insurance for hundreds of professions. Industries covered include allied health, architect and engineering, consulting, financial services, landscape/janitorial, legal services, marketing/PR, medical and …

Declarations

‘Foundational Change’ Required “Boeing must commit to real and profound improvements. … Making foundational change will require a sustained effort from Boeing’s leadership, and we are going to hold them accountable every step of the way, with mutually understood milestones …

The Future of Insurance Agencies

There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch. “The king is dead; long live the …

Compensation Trends Reshaping Client Service Salaries Within Insurance Agencies

After numerous requests for insurance industry compensation information, our team at Capstone started to track and analyze compensation data derived from our recruiting activities. Our most recent report came out in February 2024 with a seven-year look back on compensation …

A Look at the Liquor Liability Landscape

Liquor liability availability and pricing have put small business owners in the alcohol-related sector in some states in a bind. While securing coverage is easy in some areas, premiums have skyrocketed and carriers have pulled out of others. “Every state …

How Do You Know If It’s an ISO Policy Form?

Since its official inception in 1971, Insurance Services Office Inc. (ISO) has been the national insurance industry standard setter for policy form language. Many insurers use pure ISO forms, usually along with proprietary endorsements of their own. Even insurers who …

Ready, Set, Grow: How to Build an Independent Agency and Avoid Common Pitfalls.

You are a seasoned producer who is confident in your skillset. You have built a strong book of business and after a few years, you decide to go out on your own and open an independent agency. As your new …

Why Millennials and Gen Z Just Aren’t Loving Insurance: How Organizations Can Win the Next Generations of Insurance Consumers

The insurance industry has been on a transformative journey, adapting to the evolving needs of the market and advancing technologies that drive business, commerce and everyday life. However, according to the Department of Health and Human Services, 10,000 people turn …

Business Moves

East King Insurance Partners, Mehta Insurance Agency Florida-based King Insurance Partners acquired Mehta Insurance Agency, located in Absecon, New Jersey. Mehta Insurance Agency’s offerings include business, flood and life insurance. Sunil Mehta said integrating with King will allow the agency …

Hard Market Adaptation

Agents and brokers are “going the extra mile” to prioritize client communication, retention, technology, and team morale as the hard market lingers on. According to a recent survey by Trusted Choice, the national consumer brand representing the members of the …