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.

Climate Inaction

The new report by Ceres, a nonprofit representing businesses and investors on climate issues, highlights the cost to taxpayers of subsidies for flood-prone properties and farmers’ crop insurance and other federal disaster aid and chides policymakers for inaction on climate …

Insurer Complaints

It’s no surprise that claims handling ranks in the top 10 when it comes to insurer complaints, but producer licensing issues also appear to be a top grievance. According to a new report by Waltham, Mass.-based Wolters Kluwer Financial Services, …

Green Insurance Market: Competitive and Growing

The green insurance market is a good market in every sense of the word. The green building industry is growing. The insurance market for green buildings — both residential and commercial property coverage — is also growing. And for a …

Winning Attitude

This issue salutes the 2013 Best Independent Insurance Agencies to Work For. They all say it’s an honor to be recognized. Given that employees are the ones doing the rating, it is a well-deserved honor. They all say it makes …

Best Agency to Work For – Overall

Kapnick Insurance Group, Adrian, Michigan Third Generation-Owned Kapnick Insurance Group Stays True to Family Values Fair, professional, ethical and transparent – just a few of the words employees used to describe Insurance Journal‘s 2013 Best Overall Agency to Work For: …

Surplus Lines Took Hit from Sandy in 2012 But Appears Back on Track in 2013

Surplus lines insurers in 2012 posted one of their worst years overall as their underwriting performance fell below that of the total property/casualty (P/C) industry for the first time in more than a decade. Much of the blame for these …

Anticipation

The fight against insurance fraud never ends. And despite efforts to combat fraud most insurers anticipate an increase in fraud. One in three U.S. and Canadian insurers do not feel adequately protected against fraud, according to a survey by FICO, …

Good Times in Surplus Lines

Wholesalers Thrive Amid Change The surplus lines industry is letting the good times roll. Well, not exactly. But times are good and getting better for wholesalers and insurers doing business in the specialty insurance market, experts say. That’s how Westrope, …

Knowing Their Business

Understanding the exposures of commercial clientele is not only important in reducing an agency’s errors and omissions risk; it’s important to the agency’s and carrier’s bottom line, too. Small commercial lines insurance customers most value having an insurance agent or …

Sprint Expands User-Based Insurance Platform

Sprint is expanding its user-based insurance platform — Integrated Insurance Solutions — with two new products that the company believes is the next step for UBI 2.0. Working with Modus, Sprint launched a text disablement product that is hard wired …