Key Trends Facing the Future of the Surety Bond Market
The soft market for bonds has been underpinned by sufficient reinsurer capacity and new surety company entrants into the market. However, there are some indications that the market is hardening.
The soft market for bonds has been underpinned by sufficient reinsurer capacity and new surety company entrants into the market. However, there are some indications that the market is hardening.
September is Life Insurance Awareness Month and provides an opportunity to dispel misconceptions and educate the many Americans who live with a life insurance coverage gap.
Restaurateurs face difficulties hiring and retaining staff, an ever-evolving landscape of changing technologies, economic and social inflation, and the recent Department of Labor (DOL) overtime rules changes.
The sandwich generation face the pressure of balancing care for aging parents and kids while grappling with the complexities of life insurance and long-term care.
“More education is needed to get younger people to incorporate life insurance into their retirement planning and overall investment strategy,” says independent agent Colleen Corrigan. “If they purchase life insurance under the age of 40, it’s fairly inexp
For independent insurance agents, capturing the underserved life insurance market of young consumers and keeping apprised of their needs can open up opportunities.
Underwriting losses of $17 billion last year drove 2024’s first half-increases, according to data analysis from Insurify, which predicts rates will increase a total of 22% by the end of the year.
Challenges such as driver shortages, distracted driving, social inflation and changing marijuana legalization continue to impact the commercial auto market.
As the journey toward autonomous trucks begins to unfold in earnest, technology is playing a significant role in improving industry safety.
On this episode of Agency Nation Radio, learn about independent insurance agency alliances, a model that has grown in popularity in recent years, and one that the Big “I” has harnessed with the launch of Big “I” Alliance.