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.

Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process

Profit-based Commissions Align Interests, Increase Competition, Researchers Say Contingent commissions based on insurer profitability align the interests of independent agents, brokers and the insurer so correct pricing of policies is achieved, thereby alleviating adverse selection, reports a new study by …

Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process

Profit-based contingent commissions align the interests of independent agents and brokers and the insurer so that correct pricing of policies is achieved, thereby alleviating adverse selection, reports a new study by two Wharton School of Business scholars. (Click here to …

Unique ‘How to Write’ Seminars Deliver More Than an Education

Insurance Journal’s 14-Part Series Gives Agents Added Time and Potential Income Where do retailers go to find the solutions they need to write new business? Insurance Journal, in partnership with Shand Morahan & Company, has ventured into a series of …

Workers’ Compensation: In-Between the Good, the Bad, and the Injuries

With overall claims frequency still on the decline and loss costs and rates relatively stable, the state of the workers’ compensation line nationwide continues to show positive signs of improvement. Nevertheless, the industry remains on the brink of change, anticipating …

Retailers Reel in the Perfect Catch

Response Time, Service Crucial When Selecting E&S Brokers, IJ Survey Reports Retail agents and brokers consider service and response time delivered by excess and surplus lines brokers to be critical factors when reeling in wholesale firms they do business with, …

The Road More or Less Traveled: Transportation Safety Defines the Journey

Transportation safety plays a huge part in just about everyone’s lives. There are rules for highways, rules for drivers, rules for kids, rules for railroads, and of course, more safety rules for the sky. Each regulation and safety recommendation could …

Agents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Indep-endent Insurance Agents & Brokers of America has said it supports the stated goals and …

Agents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents & Brokers of America (IIABA) announced that it supports the stated goals …

Agents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents & Brokers of America (IIABA) announced that it supports the stated goals …

Andrew Welsh-HugginsAgents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents & Brokers of America (IIABA) announced that it supports the stated goals …