Articles by Andrea Wells

Andrea Wells is vice president of content for Wells Media Group Inc., overseeing coverage for its multiple print and digital platforms. She is a veteran insurance journalist with more than 20 years’ experience covering the property/casualty industry. She has won several awards from the American Society of Business Publication Editors (ASBPE), including awards for original research for her work on Insurance Journal’s annual salary survey of retail insurance agencies and its annual survey of young insurance agents. She can be reached at: awells@wellsmedia.com.

Insurance Industry Keeping Up With an Energy Market in Transition

Last year was a wild one for the energy sector. There were, of course, COVID-19 related issues. The sector also dealt with continuing pressure on insurer capacity for some energy sectors due to environmental concerns, oil prices taking a wild …

Riding the Commercial Lines Price Wave

There’s no question that commercial lines premiums have accelerated growth in independent agencies during the past two years. Insurance Journal’s Top 100 agencies in total reported generating nearly $8 billion more in commercial lines premium in 2020 over 2019. And …

TechAssure Launches Cyber Threat Sharing Community to Fight Ransomware

TechAssure has announced a partnership with RiskAnalytics and ICE Cybersecurity to launch an exclusive cyber insurance option called The ShadowNet Program, a real-time, proactive cyber intelligence service. Using RiskAnalytics’ proprietary cybersecurity solutions, and ICE Cybersecurity’s assessment and analytics platform, insureds …

Hands-Free Cellphone Laws Prevent Death, Injury

New research finds that hands-free cellphone laws are associated with fewer driver deaths, and laws in 21 states allowing only hands-free cell phone use by drivers have prevented about 140 driver deaths and 13,900 driver injuries annually in the U.S. …

Congratulations Top 100 Agencies

This year marks the 17th annual publication of Insurance Journal’s Top 100 Independent Agencies special report. This year’s Top 100 welcomes 11 newcomers to the list: Holmes Murphy; Acentria Insurance; Patriot Growth Insurance Services LLC; ALKEME; Oakbridge Insurance Agency LLC; …

Vehicles Going Green

A Cornell University-led research team has calculated that by the year 2050, vehicle electrification, driverless cars and ride sharing could prevent 5,500 premature deaths and save $58 billion annually, while simultaneously slashing U.S. petroleum consumption by 50% and carbon dioxide …

Red Flags on Insurance for Green Building Products

While “greener” buildings are important to reducing global carbon emissions, the buildings offer much more than that. Green buildings bring people together in natural common areas, foster positive impacts of plant life and natural light, deliver healthier environments and help …

Content Creators at Risk: How Evolving Copyright Law Is Opening New Doors for Litigation

There has been a substantial uptick in litigation involving copyright infringement in the music industry thanks a groundbreaking decision involving the 1977 hit “Got to Give It Up.” The dispute involved Marvin Gaye’s “Got to Give It Up” and the …

Insurance Awareness Day, Every Day

National Insurance Awareness Day was held on June 28 as a reminder for individuals, families and businesses to review their insurance policies and take steps to prevent being underinsured. But shouldn’t we all think about this topic every day, or …

Construction Industry Hammers Away Amid Labor Woes, Rising Costs, Delays, Tough Insurance Market

It is not the best of times for the construction industry and its insurers. But neither is it the worst of times. The construction industry continues to face labor shortages, rising costs, supply chain woes and lingering effects of the …