How long can commercial-lines insurers use the low-interest-rate environment as justification for rate hikes? ALIRT Insurance Research says not much longer. The firm also breaks down Q1 results for its composite of U.S. P&C carriers.
As construction heats up, producer opportunity abounds in selling cover for enlarged vehicle fleets, as well as CGL and E&O protection against defaults. But the hiring of inexperienced workers and rehiring of long-absent ones spur new claims.
As a growing number of insurance carriers attempt to sell small-business coverage direct to consumers, agents will need to be more than mere policy peddlers and price shoppers to remain relevant for their customers.
On Tuesday, I asked why Republicans are so much less likely than Democrats to worry about climate change, and wondered if the answer wasn't an aversion to more government spending and regulation.
Specializationthe accumulation of a high degree of expertise in a particular areais a fast-growing way for agents and brokers to differentiate their firms, winning and keeping clients in the interim.