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.

Workers’ Compensation Income Benefits Fall Short for Injured Workers: WCRI

Adequacy of income benefits is one of the long-standing concerns about the performance of workers’ compensation systems. However, there is little known about whether income benefits (also called wage-loss or indemnity benefits) provide adequate financial support for injured workers. According …

Moral Character Is More Than Just Good Deeds

People may instinctively know right from wrong, but determining if someone has good moral character is not a black and white endeavor. According to new research by University of California Berkeley-Haas School of Business. Prof. Clayton Critcher, people evaluate others’ …

Wholesale Associations NAPSLO, AAMGA Merging to Form WSIA

Things are moving forward for a new insurance industry trade association for the wholesale, specialty and surplus lines insurance industry. The new Wholesale and Specialty Insurance Association (WSIA) is being formed by the proposed merger of the National Association of …

Political Talk Hurting Job Performance

Don’t talk politics – it might hurt your on-the-job performance. That’s what a new survey by the American Psychological Association revealed, which found that American workers are more likely to say they are feeling stressed and less productive because of …

In Denial Over Disruptive Technologies

There’s an apparent lack of awareness among many risk professionals on existing and emerging technologies, including telematics, sensors, the Internet of Things (IoT), smart buildings and robotics, and their associated risks, according to the survey report by Marsh and the …

Commercial Auto – The Long Road to Profitability

The commercial auto market has a long road ahead to reach profitability after five consecutive years of underwriting losses from 2011-2015. While many insurers upped rates in 2016, the year appears to be coming in with another significant underwriting loss. …

What to Know About Insuring Fairs, Festivals and Other Special Events

The world of fairs and festivals has evolved well beyond the pie judging, chili cook-off, apple bobbing days of the traditional county fair. Today, there’s an event for nearly every hobby, interest or culture imaginable. For 65 years, underwriters at …

What Young Agents Like and Don’t Like

Overall, young agents seem happy with their career choice. They enjoy the freedom and challenges that come with the job of an independent agent. That’s acording to the 2017 Young Agents Survey where nearly 600 young agents nationwide shared their …

Social Services Agencies, and Insurers, Looking to Grow

This is shaping up to be a watershed year for nonprofit and social service organizations. Major changes loom, especially with the new Trump Administration that is aiming to slash federal spending. The organizations are adjusting by turning more to private …

Young Agents on Overcoming Obstacles

This issue of Insurance Journal features exclusive results from the 2017 Young Agents Survey where nearly 600 young agents nationwide shared their views on the industry and their experience as an agent. (see page 20). Overall, young agents seem happy …