It is imperative for agency owners to watch and learn about major trends when they start. Following are the eight key trends that insurance agencies should be tracking for 2022. 1. Insurtech Technology Insurance and technology are like oil and …
A majority of insurance agents have a very positive outlook for 2022. About 70% expect their business growth to be on track in the new year, while nearly 20% expect that growth to be “off the charts.” According to an …
A “profession” is defined by Merriam-Webster’ Dictionary as: 1: the act of taking the vows of a religious community 2: an act of openly declaring or publicly claiming a belief, faith, or opinion : protestation 3: an avowed religious faith …
The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. Potential buyers take out insurance to protect against issues such …
Insurance and fundraising are both people-facing endeavors, so one would think that COVID-19, with all of its lockdowns and distancing, would have killed the giving spirit for a charitable group like the National Insurance Industry Council and its goal of …
In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a deep freeze that burst pipes. Yet Tommy Eastman may eventually drop coverage on his four-bedroom home, …
There’s no question that the COVID-19 pandemic will have a lasting impact on the workforce. It has caused millions of businesses and employees to shift to a virtual work environment. But as the COVID-19 vaccine rollout continues and more people …
Louisiana property and casualty insurers will be assessed $100 million to cover the cost of two regional insurance companies facing insolvency due to losses from Hurricane Ida. The Louisiana Insurance Guaranty Association board voted Nov. 30 to assess admitted insurers …
The COVID-19 pandemic isn’t a short-term event. That’s obvious. But the question should no longer be — “when will it end?” As a practical matter, it’s not going to end. When we ask the question “how long will it last?” …
Regulators of Texas’ oil and gas industry that buckled during February’s deadly freeze moved Nov. 30 toward making some producers more prepared for cold weather, but not in time for this winter as the nation’s power grid monitor warned the …
