Chubb’s high-net-worth personal lines insurance business may have some new competition, but Chairman and CEO Evan Greenberg and a key executive say those rivals haven’t made much of a dent. “From my point of view we don’t see a change …
Owners Must Show Them the Money, Culture and Other Perks As the insurance industry unemployment rate continues to hover at 1.7 percent, which is lower than the national average of 3.9 percent, insurance agencies face stiff competition in the war …
To Win the War for Talent In today’s passive, candidate-driven market, employers do not have the upper hand in the recruitment process. Despite the rising rate of retirement among experienced professionals, which is forcing organizations to increase their hiring efforts, …
A broker fee is a fee in addition to premium and commission that is charged by retail and wholesale insurance brokers and that ultimately is paid by the insurance buyer. Such fees are subject to two overriding rules: (1) they …
In the world of autonomous vehicles, Pittsburgh and Silicon Valley are bustling hubs of development and testing. But ask those involved in self-driving vehicles when they might actually be seen carrying passengers in every city, the almost universal answer is: …
National AmWINS, The Flood Agency Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes in private market flood insurance. The Flood Insurance Agency, operating as a program administrator for …
What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times, it’s about creating something out of necessity. …
Kristen Jaconi can hardly contain her excitement when discussing the topic of risk management. It’s clearly a passion for Jaconi, who spends much of her time passing on her knowledge to students in the new Risk Management Program at University …
A University of Missouri researcher is teaming up with scholars in Kansas and Georgia to develop drone technology to monitor and potentially predict the spread of wildfires. The $1.2 million project will use drones to collect real-time data and send …
Accidental Death and Dismemberment Market Detail: Charity First (www.charityfirst.com) offers coverage for volunteers and/or participants of nonprofit organizations while participating in approved and supervised activities. Pays for ER visits, hospitalization, recovery period for the injury and more. Products are subject …
