November 20, 2017
The aging U.S. population will create unprecedented demand for the senior living industry for decades to come and that opens the door for agents and brokers to grow their business in this sector. But understanding the changing landscape in the …
November 20, 2017
One area of emerging risk for many industries, including the long term care or senior living market, is active shooter risk. Not only are residents/patients at risk, but so are senior living facility employees. “An active shooter event is something …
November 7, 2017
Trucking serves as a barometer of the U.S. economy, representing 70.6 percent of all domestic freight transportation tonnage and $676 billion, or 79.8 percent,of transportation revenues in the country. Despite the sector’s size, for many trucking firms, it’s a rough …
November 6, 2017
The year has been hard on the nation’s property/casualty insurers but don’t fret — the industry still remains profitable. According to ISO, a Verisk business, and the Property Casualty Insurers Association of America (PCI), the private U.S. property/casualty insurance industry …
November 6, 2017
No one knows what the future of cyber risk holds. But more market choices and value-added services are now part of this fast-growing market. “We don’t know,” said Blake Wiedman, partner at Nashville-based The Crichton Group. “We just don’t know …
October 16, 2017
An insurance industry lender is among those touting a new association for insurance agency networks. The lender, Live Oak Bancshares Inc., says it will not have ownership in the new group, Insurance Networks Alliance (INA), but will be an ongoing …
October 16, 2017
For independent agents, errors and omissions (E&O) allegations can surface any day or week but the risk is heightened in the days following natural catastrophes. “After the storm passes over and the claims start to come in, the risk for …
October 16, 2017
Traffic accident deaths in the U.S. continue to rise, even while deaths related to distracted driving decline. The number of vehicle miles traveled on U.S. roads in 2016 increased by 2.2 percent, producing a fatality rate of 1.18 deaths per …
October 4, 2017
Workers’ compensation employer costs as a share of payroll declined in 2015, reversing a four-year trend, and benefits as a share of payroll fell for the fourth straight year, according to a new report from the National Academy of Social …
October 2, 2017
An insurance industry lender is among those touting a new association for insurance agency networks. The lender, Live Oak Bancshares Inc., says it will not have ownership in the new group, Insurance Networks Alliance (INA), but will be an ongoing …