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.

Chipotle Serves Up Lessons for Restaurant Brokers and Their Insureds

The Centers for Disease Control and Prevention (CDC) estimates that one-in-six Americans gets sick every year from contaminated food or beverages. Those in the restaurant industry cannot ignore the risks. The recent chain of events that roiled Chipotle Mexican Grill …

Furry Friends

Members of your family – specifically those with fur and a bark – are costing the industry mega dollars. Dog bites (and other dog-related injuries) now account for more than one-third of all homeowners liability claim dollars paid out. In …

Report: Healthy but Challenging Workers’ Compensation Market

The workers’ compensation market is healthy and robust. It’s both competitive and profitable. That’s good news for business owners, the insurance industry and injured workers. Beneath the positive news, however, is a layer of anxiety over how long the market …

10 Things Young Insurance Agents Like, and Don’t Like, About Their Jobs

Overall, young agents are happy with their career choice. They enjoy the freedom and challenges that come with being independent agents. But they are not thrilled with every aspect of their career choice. Who is? The April 4 issue of …

One-Size Doesn’t Fit All in Today’s Evolving Homeowners Market

The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners insurance are changing shape and new pieces that address …

Sports Business Gets Personal

Industry Growth Led by Smaller Studios, Individual Trainers The health and fitness industry has exploded in recent years, a trend that experts expect will continue. Gym memberships jumped 18.6 percent in the United States from 2008-2014. More than 54 million …

NFL and Brain Injury

More than 40 percent of retired National Football League (NFL) players in a recent study had signs of traumatic brain injury, according to medical researchers from Florida. The findings were based on sensitive MRI scans – called diffusion tensor imaging …

Growth in Cyber Coverage Expected as Underwriting Evolves

With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more by 2025, insurers and reinsurers are continuing to refine underwriting requirements, according to industry observers with expertise in the area. …

Young Agents’ Optimism High on Career Choice, Income and Future of Agency System

It’s no secret that the insurance industry is facing a huge talent gap. Almost half of all insurance professionals are over age 45, with 25 percent of the industry expected to retire by 2018. That’s a concerning trend for the …

HOT Markets: Drones, Cyber and More

Looking for new sales and opportunities in 2016? Here are a few of the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty insurance industry this year. Sky’s the Limit The drones sector …