There’s something very human about attempting to master nature itself. We live in an uncertain time, however — one in which unpredictable weather patterns make it increasingly difficult to protect our property and communities from severe and destructive storms fueled …
Do owners really know which departments or lines of business are making money in their agency? What are small commercial accounts costing the agency? How can the agency make personal lines more profitable? When is it time to hire a …
The condominium building is an interesting form of owning property where an individual owns their unit, what is sometimes referred to as a box of air, and at the same time, becomes a part of the condominium ownership association, which …
I’m seeing more cases of carriers rescinding policies for application errors, fraud or outright lies (call it what you will) than I’ve ever seen, and these are situations when there is an errors and omission (E&O) claim against the agent. …
Hard market conditions in the global non-life insurance sector will continue this year, but will begin to ease in 2025, as general inflation and claims inflation conditions soften, according to Swiss Re in a report, which discusses the macroeconomic factors …
Whether they own their own agency or not, an insurance producer is essentially an independent businessperson. Why? Because a producer’s income, as someone whose primary income is based on commissions, is largely up to the producer. This may be obvious, …
National WTW appointed three former Aon executives to roles within its financial institutions and professional services industry division, a part of Corporate Risk and Broking (CRB) North America. Heather Mann, based in Miami, joins WTW from Aon, where she spent …
No Labor Cost Depreciations “As a consumer protection agency, DIFS works to ensure that consumers are protected from confusing or deceptive contract language. … Consumers might not be aware that their insurer depreciates not only damaged property, but also the …
Law enforcement officials are continuing to investigate the July 13 shooting at a Butler, Pennsylvania, rally for former President Donald Trump’s 2024 election campaign. During the incident, the former president was injured, one spectator was killed, and two more were …
The future is diverse and community is key. That’s the message from Ngozi Nnaji, founder and managing partner of Ako Insurance Consultants. She started the agency in response to the growing need for the insurance industry to increase the representation …
