Insurance Journal Magazine
![Insurance Journal Magazine February 19, 2024](https://d6zxf491dr98g.cloudfront.net/img/magazines/400/ije_20240219.jpg)
February 19, 2024 Agency Salary Survey Results Markets: Agribusiness / Farm & Ranch
National Coverage
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Editor's NoteHappy Employees
This issue reveals data and compensation insights gathered from... -
FeaturesGlobal Ransomware Attacks Reach Record High in 2023, Says Corvus
Despite law enforcement actions, fourth quarter 2023 ransomware... -
FeaturesReport: 2023 Combined Ratio Forecast at 103.9, Commercial Lines Performed Best
The 2023 net combined ratio for the property/casualty industry is... -
FeaturesWage Growth Likely to Continue Driving Workers’ Comp Payroll Growth
Despite a "significant slowdown" in job growth in 2023, a new... -
FeaturesMore P/C Carriers With Less Surplus: Aon Ward Analysis
As we continue into 2024, many property/casualty companies are primed... -
FeaturesChubb Writing More Personal E&S but CEO Greenberg Doesn’t Like the Trend
Chubb is writing more North American personal excess and surplus... -
Features‘New Normal’ in Agency M&A Landscape Experts Share 2024 Outlook for Independent Agencies
The number of announced insurance distribution mergers and... -
FeaturesExtreme Weather, Cyber Risks Top Concerns When Insuring Farms
As risks from extreme weather, technology glitches and cyberattacks... -
FeaturesUSDA Insurance Program Updates Encourage Conservation
In December 2023, the U.S. Department of Agriculture announced... -
FeaturesProposed Cybersecurity Legislation Seeks to Protect America’s Food Supply Chain
U.S. Representatives Brad Finstad (MN-01) and Elissa Slotkin (MI-07)... -
FeaturesWEATHER Act Aims to Reduce Hurdles for Small Farmers
In December, a group of legislators, including Vermont U.S. Sen.... -
FeaturesAgency M&A Down 24% in 2023 but More Large Deals May Be Seen in 2024: OPTIS
There has been a somewhat return to normal when it comes to insurance... -
FeaturesMarsh: US Commercial Lines Rates Up 3% in Q4 2023
Broker Marsh said the composite rate change at renewal for U.S.... -
FeaturesAgency Compensation Rose Again in 2023 But Not Everyone Is Pleased
Agency salaries and total compensation rose in 2023 for everyone in... -
FeaturesSalaries, Total Income Skyrocketed in 2023 But Satisfaction with Compensation Waned
Insurance agency employees and producers on average made more money... -
FeaturesDEI: Redefining the Paradigm for the Property/Casualty Industry
The recent billionaire back-and-forth about diversity, equity and... -
FeaturesHow Apprenticeship Programs May Be the Best Solution to Today’s Talent Crisis
Four-year degree required. It's been a standard part of job... -
FeaturesWorking From Home
Based on my reading, most employers appear to prefer employees to be... -
FeaturesWear and Tear and Mechanical Breakdown Exclusions Under Auto Policies
In my September 2023 column, I wrote about wear and tear exclusions... -
FeaturesWhy Insurance Professionals Will Change Jobs in 2024
February is Insurance Careers Month, a time often used to attract the... -
FeaturesReferral Fees: A Multi-State Overview
No matter the business, customer referrals are always a welcome way... -
FeaturesWhat Does ADR Mean for Workers’ Compensation Programs On Construction Sites?
Workers' compensation insurance is one of the costliest aspects of a... -
FeaturesIt’s Time for the Commercial Property Insurance Industry to Adopt Tech Efficiencies
Buyers of commercial property insurance are facing many challenges.... -
New MarketsMy New Markets
Community Services Insurance Program (CSIP) Market Detail: Community... -
People & PlacesPeople & Places
National Marsh, a business of Marsh McLennan headquartered in New... -
Business MovesBusiness Moves
National Majesco, Decision Research Corp. Majesco, a cloud insurance... -
DeclarationsDeclarations
Personal E&S "I wish we could serve this customer base on an...