The insurance workforce is undergoing substantial shifts. Remote work has become the norm, automation and technological advancements have impacted most roles, and five distinct generations are working alongside one another. At one end of the spectrum, Traditionalists (born before 1945) …
An updated report on workers’ compensation claims in Texas related to COVID-19 shows that insurance carriers had reported more than 44,000 COVID-19 claims and 200 fatalities to the state’s workers’ compensation division as of Feb. 14, 2021. The report, COVID-19 …
Recently I had a conversation with a well-known author and sales coach of high performers in which we discussed critical characteristics of successful commercial lines producers. One stood out to me. This consummate coach of high performers identified fearlessness as …
All talk and very little action.” Two co-founders of a firm dedicated to helping insurers and agencies meet their talent needs deliver a blunt assessment of the industry’s recruiting performance and what must change to improve it. “The argument that …
I’d like to see the industry known for insurance professionals coming from all walks of life, and that success can be reached in our industry no matter who you are. To not push it for the sole sake of sounding …
Hundreds of thousands of Americans will pay significantly more to insure their homes in coastal areas and flood zones under new rules released this month by the Federal Emergency Management Agency (FEMA), the first major update to its pricing system …
Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined ratio, according to Fitch Ratings in a new report. In …
Older Side of Young 61.7% are 31 to 40 years old. 38.3% are 30 and under. Career Choice 85.5% consider insurance to be a permanent career choice; 12.0% are unsure; 81.4% would recommend career choice to another young person — …
Insurance carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor’s report. U.S. and/or Bermuda based acquirers or acquisition targets achieved an aggregate deal …
The U.S. Supreme Court on this month sidestepped a chance to further expand religious rights, turning away two cases in which employees accused companies of violating federal anti-discrimination law by insufficiently accommodating requests for time off to meet religious obligations. …
