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.

Agency Compensation Playbook: Who’s Worth What?

2013 Agency Salary Survey Managing sales in an independent agency is a team sport. From top level managers to office and support staff – every person in an agency has a role to play in helping the agency win the …

Unfair Drivers

In its latest report on auto insurance premiums, the Consumer Federation of America (CFA) said insurers charge higher premiums to safe drivers than to unsafe drivers. That claim seems to go against the grain when predicting risk in the insurance …

Garagekeepers Sometimes Lags in the Auto Repair Shop

The neighborhood auto repair shop might seem to be an easy risk to insure. But there are a few misunderstood coverages that agents and brokers should know about, says one California broker specializing in the auto services industry. “Any of …

How Agents Survived a Falling Housing Market

It has not been easy being an insurance agent specializing in the homebuilders insurance market during one of the worst economic recessions in U.S. history. Survival in the recession meant change and a lot of hard work. “I’ve worked harder …

Who’s Worth What in the Independent Agency System? Find Out Now

Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2013 Agency Salary Survey results will be …

How Agents Survived a Falling Housing Market

It has not been easy being an insurance agent specializing in the homebuilders insurance market during one of the worst economic recessions in U.S. history. Survival in the recession meant change and a lot of hard work. “I’ve worked harder …

Program Specialists: Thriving in All Market Conditions

There is a strain of thinking that says generalists can adapt and survive in most environments whereas specialists are more at the mercy of their environment. That may be the case for some species but it’s increasingly not the case …

Building Momentum in the Construction Market

After four years of one of the most challenging construction markets, construction insurance experts are beginning to see signs of a slow recovery with some of their contractor and builder accounts. The current opportunities are in apartment buildings, energy facilities, …

Be Wise Specialize!

Programs Thriving in Today’s Market There is a strain of thinking that says generalists can adapt and survive in most environments whereas specialists are more at the mercy of their environment. That may be the case for some species but …

Agency E&O Outlook: Competition, Hard Market, Healthcare Effects and More

Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends, however, are reflected in today’s insurance market for agency errors and omissions coverage where they can pose challenges …