Features

America’s Best Agencies To Work For

The votes are in for the 2020 Best Independent Insurance Agencies to Work For. While 2020 has been an unusual year for agency employees – many of whom have worked remotely for months – the pressures that have come with …

California Governor Planning to Ban Sale of New Gas Vehicles in 15 Years

California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced in late September, establishing a timeline in the nation’s most populous state that could force U.S. automakers to shift their zero-emission …

Homeowners Coverage Gaps? Here Are Some ‘Mower’

In 2018, the Insurance Journal published an article titled “Lawnmower Injuries Remain Source of Serious Injury and High Costs.” A study cited in the article stated each day during the mowing season, about 30 people are injured or maimed in …

Communication and Teamwork Equal Success

Not all insurance agents are created equal. At least that’s what William A. Smith & Son Insurance states on its website, a claim that speaks to the agency’s mission of serving clients and employees through strong communication and teamwork. “We …

The Most Expensive Data Breach You’ll Ever Have

Last week, a producer in one of my classes was distracted beyond belief — fidgeting with his mobile device, sending emails, and texting. As happens to most of us when we’re nervous, his leg was shaking like a tree in …

Remote Work: Protecting Against Employee Crime

The business landscape has changed drastically over the past several months as the world has struggled to combat and adapt to a global health crisis. Many organizations successfully pivoted their workforce to remote work, some even reporting increased productivity as …

The Role of Mentorships in Building a Strong Workforce

Mentorships are a key component of a comprehensive employee development program. Whether through a formal program or more organic and casual interactions, insurance organizations have much to gain from encouraging and facilitating mentoring relationships across the organization. By embracing mentorships, …

Social Inflation, Low Interest Rates, Rising Catastrophes: Recipe for a Hard Market

Even before the coronavirus crisis hit, the reinsurance industry was in a period of significant rate hardening, which will likely continue over the next two years, or even longer, according to Munich Re. Such price increases became necessary after 10-plus …

Data of About 200K Nevada University Alumni, Donors May Have Been Stolen

University of Nevada, Reno alumni and donors may have had their information stolen in a data breach that occurred in May, university officials said. The school was told of the breach on July 16 by Blackbaud, a third-party fundraising technology …

Producer Heroes

I received a nice email from a reader asking me to write about how important it is to support good producers and how good producers should be heroes rather than grouping all producers as anti-heroes. He provided the context that …

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