Features

Women Insurance Pros on Balance, Community and the Future

For March’s column I wanted to celebrate Women’s History Month, but beyond that I didn’t know what the message would be. Thankfully, I know amazing women. Their answers to “What’s happening for women in the insurance industry?” revealed consistent themes …

Spying, AI and Hacking, Oh My… 7 Agent Technology Trends to Watch in 2023

Technology is a double-edged sword that can drive fear as much as excitement for the future. Game-changing tech, though, allows us to make our imaginations a reality. Let’s take a spin down Future Lane to see what tech might hold …

What the Future Holds for Insurance

What changes lie ahead for the rest of 2023? That’s a question that Insurance Journal’s “On Point” podcast host Peter van Aartrijk discussed with David Smith, founder and chief executive of Global Futures and Foresight, late last year. Smith is …

Stock Ownership Versus Deferred Compensation

One of the topics an agency owner will often have to discuss with a new or existing producer will be “ownership.” When we ask a producer what they mean by ownership, stock ownership is often what comes to their mind. …

Women in Insurance: Breaking Barriers, Creating Equal Opportunities

The struggle for gender equality in the workplace has come a long way. Promising strides have been made in both the start-up scene and in large corporations to create more opportunities for women and countless new female business leaders have …

10 Things to Know About Auto Insurance

The national combined average premium increased by 10.31%, and average liability premiums increased by 10.36% over the 2016-2020 period. The national combined average premium per insured vehicle was $1,176, a 2.4% decrease from 2019 to 2020. – 2019-2020 Auto Insurance …

How Insurers Can Help Small Businesses Grow and Prosper

The past three years taught business owners resilience and adaptability. This is especially true for small businesses faced with the unique challenges of the pandemic, inflation, and the Great Resignation. But the pandemic also proved to be a time of …

Allstate CEO Sees Untapped Opportunity in Direct-to-Consumer Homeowners Market

When Allstate’s chief executive officer looks at potential growth opportunities for personal lines insurers, he sees an untapped part of the homeowners insurance market — customers that will buy home insurance online. Speaking at the Bank of America U.S. Insurance …

Used-Vehicle Prices May Be Cresting but Insurers Still Underwater

It was the best of times, it was the worst of times” would be an apt description of the last few years for auto insurers. Immediately after a nationwide, months-long driving hiatus caused collisions to plummet and profits to surge, …

Actions vs. Talk: Is the Insurance Industry Coming Through on DEI Commitments?

Though the last five years have included events – specifically the murder of George Floyd – that prompted many company leaders to make commitments to diversity, equity, and inclusion (DEI), respondents of a recent survey tell a story of a …

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