As the price of crude oil hovers near historic lows, now is the perfect time for energy companies and the brokers and agents who support them to address some of the potential exposures acquired during the recent energy boom.
The time to recruit the next generation is now. Start by hitting up the schools with the top 10 undergraduate programs, according to U.S. News & World Report.
In todays competitive environment, brokers in the small business insurance marketplace are implementing strategies that they hope can help them not only survive, but thrive.
An insurance broker recently wrote to PC360 with questions about the Terrorism Risk Insurance Act, concerned that the program essentially benefits a few at the expense of the many. We turn to two industry experts for responses, and add some basic information about the program's structure.
Lower catastrophe losses helped send The Travelers Companies, Inc.s 2013 fourth-quarter net income soaring 225% to $988 million, compared to 2012 fourth-quarter net income of $304 million.
Small businesses rely on independent agents and brokers who act as risk advisors and have a deep understanding of their businessesand rank insurers on the breadth and quality of their policy offerings, according to the J.D. Power 2013 U.S. Small Business Commercial Insurance Study.