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[ad_1] This post is part of a series sponsored by Dyad. In today’s fast-paced business environment there is a common theme whether you are a retail agency, wholesaler, or MGA: You are continually seeking ways to streamline operations, improve efficiency, and enhance customer satisfaction. By outsourcing non-core functions to specialized service providers, agencies can focus

[ad_1] Aspen unveils 2023 results | Insurance Business America Insurance News Aspen unveils 2023 results Company notes improvements in combined ratio and net income in “excellent set of results for 2023” Insurance News By Ryan Smith Aspen Insurance Holdings has released its financial results for both the three months and 12 months ended Dec. 31.

[ad_1] Brown & Riding announces addition to national casualty practice | Insurance Business America Insurance News Brown & Riding announces addition to national casualty practice Fifteen-year industry veteran tapped for SVP role Insurance News By Mika Pangilinan Brown & Riding has announced the appointment of Adam Jacobus as senior vice president and casualty

[ad_1] Alliant boosts energy and power practice with latest appointment | Insurance Business America Insurance News Alliant boosts energy and power practice with latest appointment Appointee brings over 25 years of insurance experience Insurance News By Mika Pangilinan Alliant Insurance Services has announced the appointment of Peter McGoldrick as senior vice president within its Alliant

[ad_1] State House votes to allow insurers to drop homeowners | Insurance Business America Insurance News State House votes to allow insurers to drop homeowners Bill aims to cut insurance costs for many Insurance News By Kenneth Araullo The Louisiana House has passed a bill granting insurers increased flexibility to cancel homeowner policies, a decision

[ad_1] Illinois bill would add restrictions for insurers | Insurance Business America Motor & Fleet Illinois bill would add restrictions for insurers While some states try to unravel rules driving carriers away, one takes a different path Motor & Fleet By Kenneth Araullo In a move aimed at controlling the increasing costs of auto insurance

[ad_1] Why do agencies struggle with all the moving parts of generating sales and customer relations? | Insurance Business America Insurance News Why do agencies struggle with all the moving parts of generating sales and customer relations? EZLynx is here to make the process much smoother Insurance News By David Saric David Saric, of Insurance

[ad_1] My book has ‘probably doubled’ under Acrisure | Insurance Business America Insurance News My book has ‘probably doubled’ under Acrisure Why this insurance broker has no regrets about partnering up Insurance News By Jen Frost Back in 2017, Florida insurance agency Lassiter Ware partnered up with Acrisure. For Mike Shea (pictured), Acrisure EVP and

[ad_1] State Farm General’s credit rating downgraded | Insurance Business America Insurance News State Farm General’s credit rating downgraded AM Best has knocked down the insurer’s Financial Strength Rating due to “weak” balance sheet strength Insurance News By Ryan Smith AM Best has downgraded its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (Long-Term

[ad_1] By Loretta Worters, Vice President, Media Relations, Triple-I When Karen Griswold graduated with a B.S. in marketing from Penn State University, her first foray into the business world was to become an executive retail buyer in a large department store.  It didn’t take long before she realized it wasn’t a path for her. She

[ad_1] It’s an important question: Do real estate agents need professional liability insurance to run their businesses? As a real estate agent, navigating the complex world of real estate transactions comes with inherent risks. Even a minor oversight or unintentional error can lead to costly lawsuits. Professional liability insurance acts as a crucial shield, protecting

[ad_1] Sea Isle City, N.J., has regained its Class 3 rating under FEMA’s National Flood Insurance Program (NFIP) Community Rating System (CRS) after a brief demotion last year. Being rated Class 3 enables the coastal town’s property owners to receive a 35 percent discount on their federal flood insurance. CRS is a voluntary incentive-based program designed

[ad_1] You may think that home inspector insurance costs are just additional business expenses you don’t need. But, as someone crawling into unknown and old homes, have you ever thought about the cost of not having insurance? Consider this: The cost of insurance can make all the difference between growing a successful business and having

[ad_1] Generative AI (GenAI) has the potential to transform the insurance industry by providing underwriters with valuable insights in the areas of 1) risk controls, 2) building & location details and 3) insured operations. This technology can help underwriters identify more value in the submission process and make better quality, more profitable underwriting decisions. Increased

[ad_1] The insurance industry is on track for continued growth, with women playing a huge part, but gender equity at the top remains a long way off.  Bureau of Labor Statistics (BLS) data shows the talent pipeline isn’t an issue, as women account for 59.4 percent of the insurance workforce. They comprise 80.1 percent of

[ad_1] This post is part of a series sponsored by CoreLogic. In 2023, the United States faced an unprecedented property risk crisis, highlighted by a significant disparity between insurance policy pricing and the escalating risks posed by natural catastrophes. The surge in severe convective storm (SCS) activity, including severe thunderstorms, led to an unprecedented amount

[ad_1] This post is part of a series sponsored by AgentSync. Insurance licenses can be hard to get and keep, even for those with the most pristine backgrounds. So, what’s an insurance producer to do if they find themselves in the unfortunate position of being up for license renewal with a change to their criminal

[ad_1] Even as the Smokehouse Creek Fire – the largest wildfire ever to burn across Texas – was declared “nearly contained” this week, the Texas A&M Service warned that conditions are such that the remaining blazes could spread and even more might break out. “Today, the fire environment will support the potential for multiple, high impact, large wildfires

[ad_1] By Max Dorfman, Research Writer, Triple-I Auto premiums continue to increase as rising labor and material prices, alongside natural disasters, are forcing insurers to contend with significant losses. As  Triple-I previously found in its January report, Insurance Economics and Underwriting Projections: A Forward View, “commercial auto underwriting losses continue, with a projected 2023 net

[ad_1] Several global challenges pose a significant threat to maintaining soft market conditions for Directors and Officers (D&O) liability coverage, according to the most recent report on the sector by Allianz. A list of salient risks and trends to monitor during 2024 spans various areas, including: Macroeconomics, Geopolitical, Generative AI (GenAI), Environmental, Social, and Governance