Here are a few key aspects to consider planning for as we look forward to the threats of severe spring weather—and the unexpected risks of isolated incidents that could spell disaster for your agency.
Pricing in builders risk tends to coincide with two sectors of the U.S. economy: construction and transportation. Wondering what construction trends are affecting builders risk underwriting and pricing? Here’s what’s happening in this fickle market.
If one thing has changed for builders risk insurance over the last decade or two, it’s more competition, according to independent agent Maureen Scholz—and superior coverage forms as a result.
Oil and gas well operators that experience a fire, “kick”—a troublesome surge in pressure—or other disaster in one of their wells now have double the free expertise to draw from J. H. Blades.
You’ve probably seen businesses in your community earn the coveted “best place to work” awards. Here are five initiatives, programs and ideas that’ll make your employees look forward to their jobs.
By: Volume 113, No. 4
“Everybody likes the water when it’s a beautiful day,” says independent agent Fletcher Willey, president of J. Fletcher Willey Agency, Inc. in Nags Head, North Carolina. “But when the water gets angry, you better have flood insurance.”
Salary, commission, bonus incentives or a mix? How you pay your personal lines producers depends on your agency’s approach to that market.
Errors & omissions claims usually arise from a specific type of error. But once in a while, a claim comes up that’s downright bizarre. Would your agency be susceptible to a similar claim?
Reversing steep declines in net income and overall profitability in 2014, private U.S. property-casualty insurers grew net income after taxes 14.1% to $44.0 billion in the first nine months of 2015.