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How Do You Solve a Problem Like California?
California has a wildfire crisis. Arguably, the entire Western United States has a wildfire crisis, but California’s crisis is of an entirely different magnitude. California also has a homeowners insurance crisis. That crisis began in 2019, when nonrenewals of residential …
POSTED SEPTEMBER 23, 2022 7:11 PM |
Insurance 101: What is Social Inflation?
This post is part of a series sponsored by AgentSync. Social inflation is a term specific to the insurance industry and describes the rising costs of insurance claims above and beyond what can be explained by the overall inflation rate. …
POSTED SEPTEMBER 21, 2022 5:10 AM |
Top 7 Reasons Your Insureds Need Flood Insurance
This post is part of a series sponsored by SWBC. As the person responsible for securing your clients’ peace of mind by making sure their home and property are covered in an unfortunate scenario, you want to make sure your …
POSTED SEPTEMBER 20, 2022 5:26 PM |
Practices to Minimize Your Fleet’s Insurance Costs
This post is part of a series sponsored by IAT Insurance Group. Equipment, diesel, tires, insurance premiums and inflation weigh heavy on trucking companies, big and small. Over the last decade, transportation insurance premiums have increased 47% per mile.[1] And …
POSTED SEPTEMBER 20, 2022 5:00 AM |
Are you accurately assessing wildfire risk? Why granular data and foundational science matter
This post is part of a series sponsored by CoreLogic. Climate change is having an impact on natural hazards all around the world — wildfires are more frequent, larger, and more intense than they have been in the past. Preparing …
POSTED SEPTEMBER 19, 2022 5:00 AM |
Insurance Program Data Optimization and Integration … Staying Ahead of the Curve
This post is part of a series sponsored by IAT Insurance Group. Data is both a gift and a curse. Across all industries, companies have more information at their fingertips than ever before. Yet not all organizations have the infrastructure …
POSTED SEPTEMBER 16, 2022 5:00 AM |
Abortion and Insurance in a Post-Roe U.S.
This post is part of a series sponsored by AgentSync. The U.S. Supreme Court’s ruling June 24, 2022, in the case of Dobbs vs. Jackson, overturned five decades of abortion legal precedent established by the same court in the Roe …
POSTED SEPTEMBER 15, 2022 12:10 AM |
Your Business Clients Are Spending HOW Much Time on HR Tasks?!
This post is part of a series sponsored by SWBC. When your small business clients first imagined themselves running a successful business, they probably didn’t spend much time dreaming about executing HR-related tasks. Now that their business is a success, …
POSTED SEPTEMBER 12, 2022 6:38 PM |
Federal Insurance Office: A Study in Evasiveness
A September 8 U.S. Senate Banking, Housing and Urban Affairs Committee hearing on current issues in insurance included useful discussion on some of the industry’s most pressing concerns. Comments from the committee’s members and from one witness, Maryland Insurance Commissioner …
POSTED SEPTEMBER 12, 2022 5:44 PM |
Effects of Inflation on the Insurance Industry from Insurers to Insureds
This post is part of a series sponsored by AgentSync. If you’ve visited a grocery store lately, you’re well aware that the price of everything is going up. Way up. After about 14 years of consistently low inflation (which was …
POSTED SEPTEMBER 07, 2022 5:00 AM |
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