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There are several factors influencing why the insurance industry is in a hard market. Insurance companies are facing the fallout from increasingly severe and frequent catastrophic weather events, with Hurricane Ian being the most recent devastating multibillion-dollar event to hit…

As we look back this year and ahead to next year, Bryan Woods, COO and CFO of Paramount MGA, provides insights on trucking insurance and how Paramount has approached the market. An ISC company, Paramount has several proprietary transportation programs,…

As climate change continues to incite severe weather systems and natural disasters around the world, the U.S. housing market absorbs the effects. Around the country, some of the most appealing places to live – both for their low cost of…

As the holiday season approaches, so too does the season of office holiday parties. While these events can be fun ways for staff to celebrate hard work and develop friendships outside the stress of the workplace, holiday parties can also…

Digital marketing in today’s age consists of seemingly endless acronyms, from PPC to SEO to SEM. It can be hard to track which strategies are most beneficial for your small business, especially for insurance agents looking to maintain their network…

Today’s legal environment continues to be impacted by social inflation, which is characterized by various factors, including third-party litigation funding, tort reform rollbacks, plaintiff-friendly juries, and public distrust of companies, all driving larger settlements and jury awards – and, inevitably,…

Both vacant land and vacant buildings require insurance, but there is a difference in what these requirements are. Let’s take a look at what’s involved. Vacant Land: Just Like It Sounds With vacant land, there are no buildings on the…

Old Man Winter is right around the corner, bringing in additional property exposures and energy bills (especially now with the high cost of oil and electricity). Heavy piles of snow, for example, can cause a roof to collapse. Water pipes…

Over the last two years, most businesses didn’t hold in-office holiday parties. They either celebrated virtually or decided to forgo the celebration altogether. This year the in-office holiday party is making somewhat of a comeback. Holiday get-togethers boost morale, build…

Insured losses from natural catastrophes have increased 250% in the last 30 years, according to a report by consulting firm Capgemini and the European Financial Management Association (EFMA). Perils such as wildfires and storms, which are particularly impacted by climate…

Some habits are hard to break, including the traditional method for insurance agencies to submit new insurance applications. Agents have traditionally completed Acord apps and supplemental forms which are sent via email or uploaded as PDFs to a carrier’s or…

Trade shows are an exciting opportunity to network and learn more about your industry, whether you’re attending an insurance industry trade show or strolling the floor at an event for another specific business sector. From attending panels to marketing your…

Trade shows are an exciting opportunity to network and learn more about your industry, whether you’re attending an insurance industry trade show or strolling the floor at an event for another specific business sector. From attending panels to marketing your…

In any industry, networking is crucial – but especially for insurance agents, who rely on personal connections to conduct business. But while you may have heard the term “networking” thrown around online or in meetings, what does it actually mean,…

A recent report found that nearly 70% of small and medium-sized businesses across the country cited high gas prices as the reason they were struggling to regain stability-and the struggle is real. U.S. gas prices have been volatile to say…

The restaurant and bar industry during the last three years has experienced a great deal of changes as a result of the pandemic, a labor shortage, and inflation. The industry has had a lot on its plate, but throughout these…

The insurance industry has been discussing its talent crisis for years, with the call for a younger demographic to fill positions throughout the distribution system as the baby boomer generation retires. Industry insiders were calling for a concerted marketing push…

Whether your brokerage is a modest family-run firm, one of the largest enterprises in the nation, or somewhere in between, you are always on the lookout for the broker’s version of “how to build a better mousetrap” — operate more…

After investing years of hard work to establish and grow their business into a thriving operation, savvy business insurance brokers know that resting on their laurels is a foreign concept they can never embrace. Rather, maintaining a constant vigil on…

Since the beginning of the year, the housing market has changed. A rise in interest rates, the amount of money required as a down payment, a drop in sales prices, and increased inventory on the market have home sellers concerned.…

The pandemic altered many consumer behavioral patterns, with various industry sectors having to pivot to accommodate these changes. One of the most significant consumer changes, according to a McKinsey report, is the rise in at-home consumption. Homes have become the…