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A customer-centered approach with simpler terminology may boost add-on policy sales.
Despite the current hard-market challenges, now may be the perfect time to become an independent insurance agent.
Overall cyber claims frequency increased 13% in 2023, while claims severity increased 10%, according to Coalition, Inc.
Carriers are still making the adjustments they need to fix their loss and combined ratios from the previous two years.
Insurance industry news from MassMutual, Swiss Re, MS Amlin and more featured in weekly update.
Businesses that had previous workers' comp claims were more likely to take advantage of safety training.
The volume of insurance-carrier lawsuits is down in the Sunshine State.
The deadline to nominate is Wednesday, May 1, 2024.
The P&C sector saw the most activity during Q1 2024 with a total of 106 deals, according to Optis Partners.
The decision will affect 12,556 policies with premiums of $11.3 million.
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