‘A Tale of Two Halves’ for Insurance Mergers, Acquisitions in 2022 February 20, 2023 Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and...
Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points February 20, 2023 By L.S. Howard Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils,...
Livestock Operations Grow as Demand Rises; Nationwide’s Cumings Sees Direct-to-Consumer Models Adding Additional Liability Risk February 20, 2023 By Allen Laman Specialization is critical in the cattle business and increased consumer demand for protein is driving new trends, including niche farms...
Young Voices Reflect on Industry Talent Crisis February 20, 2023 By Allen Laman It’s no mystery: The insurance industry is experiencing a monumental shift. In June 2021, the U.S. Chamber of Commerce issued...
3 Steps to Driving Sales Growth During a Recession February 20, 2023 By Tony Caldwell As 2023 moves into the second quarter, intense speculation surrounds us as to how the economy will perform for the...
Why a Focus on Development Is Critical to Retaining Talent February 20, 2023 By Lindsey DiGangi The insurance industry’s talent problems are no longer looming, they are here. While it may take many components to find...
Surplus Lines Risk Factors February 20, 2023 By Chris Burand A generation has passed since the last hard market and a substantial proportion of the people employed in agencies today...
FedEx Loses Bid to Undo $366M Racial Bias Verdict, Files Appeal February 20, 2023 By Jonathan Stempel A U.S. judge rejected FedEx Corp’s request to throw out or reduce a jury’s $366 million damages award to a...
Global Commercial Insurance Rates Rise 4% in Q4, Continuing Moderating Trend: Marsh February 20, 2023 Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and...
California Earthquake False Alarm Offers a Lesson for Crisis Communicators February 20, 2023 By Don Jergler An earthquake false alarm nearly four years ago can teach disaster and emergency planners – and any crisis communicators, including...