High school and college students seeking employment often lack the relevant work experience required for many insurance jobs. But momentum is building around apprenticeship programs and work-based learning.
A few years ago, red tape prevented the private flood market from making serious headway. But last year may have marked a turning point.
The increasing severity of flood losses is a reality that conscientious producers can’t ignore—which means agents and brokers need to keep a close eye on the flood insurance options available to consumers.
Until now, no national program existed for the unique exposures of cemeteries, crematories and mausoleums.
The changing nature of weather patterns and their impact on uninsured communities is making the concept of an insurance-mandatory flood zone less and less relevant.
Independent agent Matt Evans didn’t set out to become an expert in flood insurance. But when his hometown in Iowa flooded, he didn’t have a choice.
In an era of rapid-pace mergers & acquisitions, boomers who are willing to entrust their agencies to rising young stars are becoming fewer and further between.
Despite merger objections, data breach lawsuits and the #MeToo movement, claims in the D&O space have not yet combined frequency with severity in a way that will significantly impact pricing.
After launching Quantum Auto 2.0 in 2014, Travelers is following up with a homeowners product, which has three levels of coverage: Protect, Protect Plus and Protect Premier.
As product recalls become more frequent and extensive, manufacturers of all sizes are taking notice. While The Hanover has offered product withdrawal coverage for many years, a recent product expansion adds liability and additional expenses.