Public Sector Risk

What a difference a year makes. A year ago the industry was celebrating the record year of 2008, which concluded with 307 total transactions.

Consider the wildfire that burned last summer in La Ca?ada Flintridge, a suburb just 12 miles north of downtown Los Angeles.

More aging baby boomers are turning to home healthcare as an alternative to hospital stays or nursing homes. The trend presents agents and brokers with the opportunity to educate their home care agency clients on the risks that they face.

Big accounts mean better bottom-line profits. Yet as any successful agent or broker knows, if you want to provide comprehensive service, drawing a line in the sand regarding a preferred account size isn't always easy.

The number of start-up insurance agencies is growing and most new agencies are small, growing fast and headed by younger principals. Learn the size more important steps to take within the first 90 days of opening your agency.

"Breaking Up Is Hard to Do," Neil Sedaka observed. It's difficult for an insurance professional to fire a client, just as it is for any other businessperson, especially in an economic downturn, when new clients may be scarce.

The insurance market for social service facilities on both ends of the age spectrum is experiencing the same soft market conditions already dominating most lines of commercial coverage.

From E&S brokers to retail agents, domestic carriers and the London market syndicate, there is universal agreement that the current market is soft, has been soft for some time, and will remain soft through at least a portion of 2010.