Features

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 …

Risk on Tap for Craft Brewers in a Pandemic World

Over the past decade, the craft brewing industry has been thriving. From big cities to small towns, niche breweries are growing into cult favorites or mainstream staples, and small taprooms are growing into brewpubs. You might be able to guess …

The Inflation Specter Looms for Property/Casualty Insurers

Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise due to increases in production costs or when the demand for a product exceeds its supply (i.e., too much money …

Transactional Risk Insurance Hits Record High Despite Pandemic: Marsh Report

After a dramatic downturn in the second quarter of 2020 due to the coronavirus pandemic, merger and acquisition (M&A) deal volume soared to record highs in the second half of the year. This was mirrored in growth of transactional risk …

Winter Storm to Break Insurance Records; Other February Storms

February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become the U.S. insurance industry’s costliest winter weather peril on record, according to insurance broker Aon plc in its monthly Global …

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