Agency Management

Finally, some good news about the Florida property insurance market.

A 5 percent rate increase by the Texas Windstorm Insurance Association may lead to more stability for consumers, said an official from an independent agent association in the state.

In Hollywood, a movie sequel is seldom as compelling as the original.

Surplus lines producers who previously saw technology as a source of disruption to their business model, and retail agents who once had limited access to global specialty markets, are having their needs addressed, executives said here.

Retail brokers may start seeking larger cuts of the commissions paid out on surplus lines transactions as the soft market continues, a specialty lines insurance executive suggested recently.

With summertime in full swing, many people have turned their attention to fun in the sun, making it a busy time for organized sports activities