Renewal premium rates for nearly all major commercial insurance lines increased in the fourth quarter of last year with the exception of workers’ compensation where the average rate dropped and remained negative. The 2018 IVANS Index for Q4 and year-end …
Workers’ Comp Market Detail: Builders & Tradesmen’s Insurance Services Inc.’s (www.btisinc.com) Victory Workers’ Comp program offers instant online price indication, fast quote turnaround times and no broker, access, volume or membership fees. Multiple payment options, including Monthly Reporting and zero …
John Doyle, president and CEO of global insurance broker Marsh, announced the appointments of key leaders for regional, specialty and placement teams worldwide that will be effective upon closing of the acquisition by Marsh’s parent company of JLT. At Marsh …
Travelers Eyes Wearables The Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety benefits of wearable devices. Over 20 months, Travelers will review data …
A funny thing is happening on the way to the future. As consumers’ and carriers’ behaviors, attitudes and expectations have been changing, independent agents are evolving to better serve both customers and carriers. In terms of customers, agents who have …
The number of new U.S. Securities and Exchange Commission (SEC) enforcement actions against public companies and subsidiaries jumped substantially in the second half of fiscal year 2018. According to a report by New York University’s Pollack Center for Law & …
I wrote about this some months ago and received many interesting comments. I decided to follow up on the same subject because it is so important. Value is a relative term often specific to a given asset. For example, if …
WebBank, National Partners Salt Lake City-based digital lender WebBank has agreed to acquire Denver-based National Partners, an insurance premium finance company and subsidiary of MLF Financial Group. This is the first foray into premium finance for WebBank, a national issuer …
“We give you a login and password, and then every time that you talk to a customer, you can use our platform to sell faster, simpler, quicker,” said CoverWallet CEO Inaki Berenguer, referring to insurance agents he hopes will use …
An independent agent in a small rural town insured a farmer whose barn burned down. The agent had failed to schedule the farm structure, so the farm policy did not cover the total loss. The agent routinely placed farm business …
