Features

Private Clients Need More Than the Standard Coverage – From Baseball Cards, Sneakers, Jewelry, Cyber and More

When it comes to helping high net worth (HNW) clients get optimal coverage, there’s more to it than just adding a couple of zeroes to premiums and payouts. HNW clients have different interests and concerns that require customized insurance programs. …

Risks & Opportunities in Emerging Cannabis Products

New cannabis products like gummies, drinks and new consumables bring the promise of exponential growth and the normalization of public consumption, promising to significantly reshape the business landscape for insuring cannabis specialists. Four industry experts recently gathered for an Insurance …

Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh

Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh, which pointed to two notable trends during Q2: a moderation in cyber rates and continuing challenges in property insurance, which …

A Renewed Approach to Recruiting and Retaining Talent

In the past three years, we’ve experienced the height of a global pandemic, followed by the most challenging talent landscape many have ever experienced. Even though we are entering what appears to be a slightly easing insurance labor market, having …

No Duty to Defend Doesn’t Mean No Duty to Indemnify, 5th Circuit Finds

A federal appeals court has clarified, at least under the realm of Texas law, when an insurer has a duty to indemnify – even if it has no duty to defend a tort action against the insured thanks to an …

Dodging Distractions: Focus on Relationships for Long-Term Agency Success

Life has never held more opportunities for our attention to be pulled away from what is most important. We have all seen the statistics about the number of messages the average American has bombarding them every day. While these distractions …

Facts Are Friends

Recently, a carrier’s representatives walked into one of my client’s offices. This carrier announced they needed a 25% rate increase because of the carriers’ poor loss ratios. My top clients are well informed about their carriers’ profitability thanks to my …

Washington Dollar Tree Store Fined for Worker Safety Violations

Dollar Tree in Washington faces $132,000 in fines for reported work safety violations including locked emergency exit routes, improper stacking of boxes, and scattered debris. The fine is in connection with violations at the Tacoma Central Plaza store at 3208 …

Agency M&A Down 24% in First Half 2023: OPTIS

Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions during the first half of the year was 359, down 24% from 475 during the same time last year. “The drop-off in deal count continues …

California Firm to Pay $1M for Selling Devices to Thwart Truck Smog Controls

A California company will pay $1 million for violating federal environmental laws by making and selling devices that defeated smog controls on diesel trucks, prosecutors announced. Sinister Manufacturing Co. Inc. of Roseville, doing business as Sinister Diesel, pleaded guilty in …

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