There is value in specializing as long as there are increasingly complex risks and correspondingly intricate coverages--both trends that show no signs of reversing. The challenge for brokers is figuring out how to specialize in a way that leads to the greatest business results.

Lost in all of the hoopla over the extremely active M&A environment is the fact that the great majority of sell-side transactions occur due to many firms inability to perpetuate internally.

As the summer vacation season heats up, insurance agents and brokers may get questions from clients about coverage issues for vacation home rentals.