Amidst forecasts that the property & casualty combined ratio will continue to deteriorate, the hard market and inflation continue to shape the independent agent psyche.
Amidst forecasts that the property & casualty combined ratio will continue to deteriorate—shocker, we know—the hard market and inflation continue to shape the independent agent psyche. Should homeowners consider a builders risk policy if they renovate? Why is the directors & officers market an anomaly in the hard market? And did you add health care to your Amazon Prime cart? All valid questions last month.
Independent Agent magazine is the authoritative source of information for professionals who sell insurance for independent agencies. Whether it's a seasoned agency principal, producer, or account representative, Independent Agent helps agency employees increase sales and deliver an industry-leading customer experience.
In addition to thought-leading analysis of industry trends and market conditions, Independent Agent covers p&c coverage changes and new products, interprets legislative issues, and delivers the strategies managers need to grow their agencies.
Here are the five most-read articles on iamagazine.com in November:
5) Big 'I' Submits Congressional Testimony on Hard Market
By Raaed Haddad
The Big “I" advocated for efforts to address the current property insurance crisis and its impact on consumers at a U.S. House of Representatives hearing.
4) D&O Market Goes from Soft to Stabilizing
By Olivia Overman
Favorable loss ratios and an unprecedented decline in initial public offering (IPO) activity led to the softening of the directors & officers market, but signs point to impending changes.
3) Should Homeowners Purchase a Builders Risk Policy for Renovations?
By Olivia Overman
An independent agent can provide the benefit of their knowledge and expertise to ensure their clients are adequately covered during a home renovation or remodeling.
2) Amazon Launches $9-a-Month Primary Health Care Services for Prime Members
By AnneMarie McPherson Spears
Amazon announced that Amazon Prime members can now access low-cost primary health care services with One Medical, including 24/7 on-demand telehealth care.
1) 2023 P&C Combined Ratio Forecasted to Deteriorate to 103.8
By Will Jones
The projection is worse than the 102.2 combined ratio predicted earlier this year, according to projections by the Insurance Information Institute and Milliman.
Compiled by AnneMarie McPherson Spears, IA news editor.
