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.

Democratic Congress OK for industry traditionally tied to Republicans

The new Congress may be blue on Capitol Hill, but insiders say that’s not necessarily a bad color for the insurance industry. “The more things change, the more they may remain pretty much the same,” said National Association of Professional …

Under Construction: The Green Property Insurance Market

Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a bigger deal than I thought. … I guess I’ve been asleep at the wheel …

UNDER Construction: The Green Property Insurance Market

Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a bigger deal than I thought. … I guess I’ve been asleep at the wheel …

Terrorism insurance market hits federal radar

Two new federal reports have found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. Both reports acknowledged that a totally private market solution to insuring against …

Agents take aim at Zurich compensation, disclosure settlement

Two associations for independent insurance agents have urged a federal court to reject recent settlement provisions between Zurich Insurance and states that affect thousands of agents who were not involved in the original dispute with the states. The National Association …

House passes surplus lines, reinsurance regulatory reform legislation

The U.S. House of Representatives passed legislation on Sept. 27 that would apply single-state regulation and uniform standards to the nonadmitted insurance and reinsurance marketplace. H.R. 5637, The Non-Admitted and Reinsurance Reform Act of 2006, passed the House by a …

Treasury Report on Terrorism Insurance Says Backstop Negatively Affects Private Capacity

A new federal report has found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. The President’s Working Group on Financial Markets Terrorism Insurance report says that …

Construction Industry and the Latino Workforce

In the next 10 years, the construction business will need to fill more than 180,000 jobs. As the rush to fill these positions advances, workers’ compensation professionals will be challenged along with the construction firms to assure that workplace safety …

Surplus lines designation curriculum updated; good fit for retailers as well

After 10 years on the circuit, the surplus lines industry’s first designation has received a facelift. Beginning in January 2007, the Associate in Surplus Lines Insurance designation (ASLI) will be earned by passing exams based on two new required courses …

Independent agents sold on golf

It seems nearly every insurance convention or meeting is conjoined with a corresponding golf outing. Why do agents and industry partners play golf? What about those who do not? And what makes a good agent golfer? Insurance Journal interviewed agents …