“Inflation isn’t sparing the housing market, pushing up prices for homes and everything within them,” says independent agent Jake Sparrenberger. “Couple that with the rising frequency and severity of storms, and insurance companies find themselves footing
With a total combined ratio of 86 for 2023, the workers compensation market continued to waltz its way through another profitable year.
Almost every single company creates content for themselves or clients, from ads or written content to podcasts or social media posts.
For independent agents working within the media liability niche market, the proliferation of generative AI has created a fluid and complex environment.
Risky driving patterns continue to rise with instances of speeding, driving under the influence and distracted driving all increasing in 2023, according to LexisNexis.
As the equine industry continues to thrive through increased horse ownership and an expanding equestrian sports market, agents can offer the benefit of their knowledge of equine-related risks.
“There is a growing focus on sustainability and green building practices in the construction industry, which can impact insurance requirements and the coverage needed,” says independent agent Jase Riggs.
Understanding the reasons behind the significant growth in the equine industry can present numerous opportunities for agents.
For hosts of Airbnb and Vrbo properties, there are options that an independent insurance agent can offer, as well as numerous tips agents should relay to their clients to avoid a claim.
Like all hotels, boutique hotels need multiple insurance coverages, but they may also need additional coverages such as property insurance for refurbished historic properties.
