Features

Engaging and Developing Younger Generations

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) …

Report: 44K-Plus Workers’ Comp COVID-19 Claims Filed in Texas by Mid-February

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 …

Is It Covered?: A Flood of Uncovered Claims

On a recent insurance social media page, an agent was looking for a market for a $2 million home that had experienced a $540,000 plumbing leak claim and the carrier had nonrenewed. A few weeks earlier, another agent had been …

Commercial Vehicle Accident Lawsuits Target of Texas Legislation

A pair of companion bills have been introduced in the Texas House and Senate that proponents say are aimed at providing consistency and uniformity in civil actions involving commercial vehicle accidents. Opponents, on the other hand, say the bills are …

Groups Opposing Bill to Create California Medical Provider Network Option for Workers

A California bill to establish a statewide medical provider network for employees is raising a few eyebrows. Assembly Bill 1465 would require the administrative director of the state’s workers’ compensation system to establish a statewide medical provider network, called the …

Staying on Top of Prospects in a Remote Setting by Phone and Email

The work-from-home environment is the ultimate test in staying on top of prospects. Unnurtured relationships can easily fade, or you can take this as an opportunity to put your best foot forward. One thing we know for sure is that …

2021 Brings Tough Insurance Market for Airplanes, Copters & More

The aviation insurance market is feeling the pressure on rates and availability after 10 years of soft conditions. Eric W. Barfield, chief operating officer at Assured Partners’ Aerospace division, says this small specialty market has even lost a few underwriters …

Systematic Workflows Key to Remote Work Model, VANTREO’s CEO Says

Mastering the ins-and-outs of a business remotely was a hurdle for many insurance agencies and brokerages at the beginning of the pandemic, but not all. One California firm, VANTREO Insurance Brokerage, had already put in place a solid remote work …

3 Reasons New Producers Go Bad

Every year the NFL has a draft. There are 32 teams, and each has seven picks for a total of 224 football players drafted into the NFL. Each of those 32 teams has a recruiting staff that evaluates their picks. …

The Business Case for Promoting Women to Leadership Roles

The numbers are in, and they solidify something many people in our industry have known for years: having women in leadership positions drives business results. A McKinsey & Company article published late last year revealed that company profits and share …

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