Industry Trends

This year’s Fire Prevention Week campaign, “Fire won’t wait. Plan your escape,™” works to educate everyone about simple but important actions to help stay safe from home fires.

Hurricane Ian is expected to impact rates as capacity is restricted even further in Florida and other wind-exposed coastal states.

Independent agent carrier satisfaction increased for the second consecutive year in 2022, recovering from a pandemic-related decline in 2020.

The Trusted Choice Relief Fund is available to provide financial assistance to insurance industry personnel impacted by Hurricane Ian.

The study by J.D. Power shows that the increase in auto premiums is dragging down the overall satisfaction of policyholders and hurting retention rates of bundles.

Best Practices agencies hit all-time highs in organic growth and profitability, according to the study.

Longtime Big “I” government affairs head Charles Symington will succeed Rusbuldt.

Wildfire activity has become more extreme and destructive, with more record-breaking fire events in terms of the number of structures lost and acres burned in a single event.

Altruism, not return on investment, is the main reason agencies start a philanthropy program, but a majority of agents also reported that their contributions brought in new business.

Despite 30% of small businesses experiencing a premium increase, customer satisfaction with the price of their policies rose three points in 2022.