There’s no better time to excel and grow in the insurance world, some say. The talent gap has opened new doors for accelerated advancement for the driven and focused young professional. This issue of Insurance Journal features exclusive results from …
What’s so great about being a young independent agent today? Freedom, quality of life, opportunities to grow, challenges and the ability to solve them, the people and relationships built, the compensation, and, of course, the satisfaction that comes with helping …
Rising medical costs and economic uncertainty are stressing out today’s workforce. That’s according to MetLife’s 2025 U.S. Employee Benefit Trends Study which revealed a decline in employees’ holistic health (-5%), productivity (-5%), and engagement (-7%) across the board and found …
Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024. That’s good news for insureds, commercial property brokers say, as clients begin to see rate reductions at renewals for most non-cat-exposed …
This market has opened the door for new business opportunities for specialists in hospitality. As restaurant owners search for ways to save money they are more willing to “shop” their insurance. “It helps to get your foot in the door,” …
The first quarter of 2025 has been a whirlwind. New presidential administration. Historic wildfires. Financial market volatility. Trade war and tariff talks. A looming recession. Higher costs at the grocery store. Higher car repair bills. Higher cost of wood products …
This year restaurants and bars continue to grapple with many of the same challenges they faced in 2024. The rising cost of labor and food, along with the ongoing struggle to recruit and retain employees, remain among the top concerns …
Premium renewal rates were up again in fourth-quarter 2024 but continue to trend lower for most commercial lines products. Premiums increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the …
This issue reveals data and compensation insights gathered from Insurance Journal’s annual Agency Salary Survey. For the third year in a row in the survey’s 16-year history, salary averages and total compensation averages (including additional compensation such as profit sharing, …
Insurance agency owners, producers, and support staff on average made more money in 2024, but for two years in a row, satisfaction with compensation declined, according to the latest Agency Salary Survey, published annually by Insurance Journal. Changes in overall …
