Nothing’s Easy in Hard-Working Contractors’ Market; Risks Include Inexperienced Workers, Inflated Costs and Inferior Materials June 20, 2022 By Andrea Wells No other industry has weathered a global pandemic, economic changes, and a decade-long shortage of skilled labor better than the...
Role of the Construction Agent and Broker June 20, 2022 By Andrea Wells The role of the independent agent and broker is changing along with the construction sector. Going forward, construction clients need...
Platforms Are Having a Moment June 6, 2022 By Barry Rabkin Platforms are having a moment. Should insurance companies care? Increasingly more firms from different industries say they offer platforms. Technology...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion June 6, 2022 Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...
Legal Malpractice Claims Severity Keeps Rising June 6, 2022 By Chad Hemenway Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance...
7 Questions Job Seekers Ask About Remote Jobs June 6, 2022 By Mary Newgard For a long time, the burden to prove the concept of work-from-home fell on the job seeker with much of...
Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator June 6, 2022 By L.S. Howard Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model...
Allyship: The Next Step Toward an Inclusive Industry June 6, 2022 By Debra Dunn Today’s insurance industry has evolved significantly from when I first joined USAA 24 years ago. The idea of conversations around...
Abandoned Louisiana Oil Wells to Receive Clean Up in Infrastructure Bill June 6, 2022 By Janet McConnaughey About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go...
Global Re/insurers See Average Premium Increases of 11% in Q1 June 6, 2022 Premium growth during the first quarter of 2022 saw an average increase of 11%, which was supported by continued favorable...