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.

Problematic Use

Marijuana use among adolescents and adults increased after legalization of recreational marijuana and that maybe problematic, according to a new study from New York University’s Grossman School of Medicine and Columbia University’s Mailman School of Public Health. Published online November …

Senior Living Market Explodes During Challenging Times

The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue. The population of Americans over age 80 will double, from 6 million to 12 …

Agency E&O: Risk Rises Along with Rates, Cats and Customer Switching

Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices are followed to prevent E&O claims is …

How #MeToo Changed the Workplace: Poll

The #MeToo movement has brought changes to America’s workplaces. According to a recent poll, roughly one-third of American workers say they’ve changed how they act at work in the past year as the recent spotlight on sexual misconduct and racial …

How Risk Management is Transforming Risk in Commercial Property

Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting, even the best in class properties are feeling the heat. …

Climate Change: Believers vs. Non-Believers

Believing in climate change has no effect on whether coastal homeowners are protecting their homes from climate change-related hazards, according to a study from the University of Notre Dame. Funded by Notre Dame’s Global Adaptation Initiative, the study analyzed data …

Higginbotham: ‘Practice What You Preach’

The story began in 1948 when Paul C. Higginbotham returned from military service to open a small personal lines focused insurance agency. More than 70 years later, Higginbotham has grown to become one of the nation’s largest independent agencies, ranking …

New CEO Levinson on Rebuilding Lexington Insurance

Success for a specialty lines carrier is about discipline. It’s about walking away from classes of business or lines of business when rates are no longer adequate. It’s about having the courage to make substantial changes. That’s according to Lou …

Excess & Surplus Market Soars as Standard Carriers, Lloyd’s Drop Accounts

Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The excess and surplus lines sector is enjoying its largest growth …

Today’s E&S Market Is an ‘Overwhelming’ Success

Business Is Gushing, Underwriters Trying to Keep Up Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The excess and …