Industry Trends

Here’s what the perplexing job market, wage growth, the end of the pandemic and more mean for your agency.

Higher interest rates and uncertain economic conditions continue to limit deals, according to OPTIS Partners.

The independent agency channel is holding ground and making slow, steady gains in lines of business penetration, including homeowners.

This week, Farmers Insurance said it will stop offering home, auto and umbrella policies in Florida.

In a video released yesterday, Big “I” Chairman John Costello apologized for an interview segment conducted at the Big “I” Legislative Conference.

Here’s what to do if your agency website is targeted by a demand letter.

The aggregate price change for lines of U.S. commercial insurance was up 5.6% for the first quarter, compared to the 4.8% increase in the fourth quarter of 2022.

Nearly one-third (31%) of U.S. auto insurance customers have seen their rates increase in the past year, leading to the largest decline in customer satisfaction in 20 years.

This week, Nationwide announced it is pausing writing business in certain lines of insurance, joining the list of insurers who have withdrawn from markets.

CoreLogic’s “2023 Hurricane Risk Report” provides a detailed look at what’s at stake for the U.S. as hurricane season commences.