While the farm and ranch insurance space faces different risks than other property lines, many challenges of insuring those risks are often the same. Namely, extreme weather and natural catastrophes, which have tightened conditions in farm and ranch in some …
Insurance Journal examined industries experiencing changes and a few challenges due to the COVID-19 pandemic, economic forces and tough insurance market conditions in 2021. Here are 10 industry sectors that could see new and emerging risks in 2022 and beyond. …
One positive trend that could help fill the insurance talent gap is what Oliver Wyman Forum calls “The New Collars.” New Collars are blue-collar workers who used the pandemic to learn new skills so that they could find better jobs. …
When businesses do not take their vows to address environmental, cultural, social and political issues seriously they could be putting a target on their backs for hackers and placing their firms at greater risking of cyber attacks. That’s according to …
This is the 9th year that Insurance Journal editors have the pleasure of publishing the very best news in the industry — the good news about good deeds happening across the world thanks to dedicated insurance industry professionals. We have …
Welcome to the second edition of Insurance Journal’s 2021 Program Directory issue, published twice a year for agents and broker searching for available insurance markets and programs. Program business is an area of the insurance industry that has experienced significant …
It’s an interesting time in the surplus lines industry with insurance rates increasing and capacity being limited in some classes of business. It’s a time when maintaining focus is critical to finding success, according to the president of Amwins Group, …
When Lou Levinson became president and CEO of Lexington Insurance in late 2018, he knew the company needed a change. He believed that Lexington should be a wholesale focused distribution channel and that the company should remain focused and disciplined …
Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years. According to the 2021, LexisNexis Home Trends Report, the loss cost in 2020 also …
Young professionals in the surplus lines industry call the excess and surplus lines (E&S) sector the best kept secret when it comes to a career choice. It’s an industry that provides eager young talent with opportunities to innovate and create …
