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5 Simple Ways to Improve Your Personal and Professional Development
In today’s fast-paced life, it can seem hard to find the time to step back and take a look at your goals. While many of us may set a New Year’s resolution, actually following through on personal and professional goals…
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Claims Forensics Pinpoint the Cause & Origin Behind Property Losses
When residential and property losses occur – whether it’s a result of fire, water damage, appliance and equipment component failures, or other hazards – insurers utilize forensic experts to investigate claims. These experts determine the causes and origins of losses,…
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How Robust Are Your Cybersecurity Measures?
Bryan Schwam, CISO, ISC, shares several cybersecurity measures your agency and its employees should be taking to help minimize the potential for data breaches and other cyberattacks whether your staff boots up at the office, home, or a public place.…
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What’s New in the Vacation Rental Business Landscape?
This summer, it seems like everyone is traveling – whether it’s flying to some far-flung destination or taking to the road for some R&R at a vacation rental. In fact, the vacation rental business is booming, particularly among property investors…
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Market Recap: Contractor GL & Equipment
ISC offers two distinct Contractor General Liability (GL) products: One focuses on the small contractor with a national footprint, while the other caters to larger contractors in certain geographic areas. Michael Cronin, Senior Vice President of Product Management, provides us…
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Sustainability Is Top of Mind for Half of CEOs
In today’s world, companies across almost every industry are focusing on sustainability efforts. Once thought of as a voluntary, altruistic measure, eco-conscious corporate practices are now becoming mandatory in many sectors. As more investors begin to screen businesses based on…
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How Insurance Agents Can Utilize LinkedIn In Message for Social Selling
Insurance agents know that finding and chasing leads can take up a massive amount of time. That’s why social selling, or developing connections with potential clients over social media rather than cold calls, is a modern-day practice that all agents…
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The Tale of Two States: Louisiana and Florida Homeowners Markets Face Challenges
There is a homeowners’ crisis in both the Bayou and Sunshine States, with property owners scrambling to find coverage as carriers raise premiums, reduce their appetites, cancel policies, leave the regions altogether, or go belly up. The states’ respective insurers…
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Property Companies and Investors Buying Up Single-Family Homes
Over the last two years, the residential real estate market has been on fire, with record home sale prices and sellers getting thousands of dollars over the asking price – at least until inflation hit an all-time high and mortgage…
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How to Boost Conversion Rates with Email Signatures
For insurance agents and brokers, one of the best marketing tools is actually right at your fingertips: your email signature! This cost-efficient, easy-to-use aspect of digital communication is often overlooked — but when done correctly, can greatly impact your return…
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The State of the Construction Insurance Market
While the overall insurance market remains hard, price increases have begun to moderate in the first and second quarters of this year in the construction sector as compared to previous quarters. In certain locations as well as for specific construction…
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Trend or Anomaly? New Orleans Restaurant May Proceed with COVID-Related BI Claim
The COVID-19 pandemic in early 2020 and subsequent government lockdown periods forced businesses across the United States to close their doors for several months, including restaurants (which were among the hardest-hit sector). It’s estimated, according to the National Restaurant Association,…
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Review Clients’ Inventory Values: The Impact of the Bullwhip Effect on Insurance
It wasn’t too long ago we were all racing to the markets to stock up on toilet paper, paper towels, and sanitizing and cleaning products, among other consumer goods. The supply for these items during the height of the pandemic…
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Market Recap: Trucking Excess Liability Insurance
Skyrocketing verdicts and settlements involving commercial auto accidents have contributed greatly to the trucking industry’s hard insurance market over the last several years. In addition, an increase in the frequency and severity of claims, including a rise in fatal accidents…
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Become a Successful Insurance Agent by Following These Six Time Management Tips
It’s no secret that insurance can be an overwhelming business — but by following these simple hacks, you can optimize your work and personal life for success. Seasoned insurance agents know that one of the most essential skills to a…
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Robots Helping Out in Restaurant Kitchens and Beyond
The tight labor market, including in the restaurant industry, has owners looking at alternatives to fill positions. Some have even turned to robots to serve up plates. That’s right: a growing number of restaurants and hotels have turned to robotics…
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The ISC Homeowners Program Provides Agents with a Stable, Competitive E&S Market
Today’s hard insurance market is characterized by rate increases, appetite changes, coverage restrictions, and non-renewals for certain coverage lines and in specific regions. Among the coverage lines impacted is homeowners insurance for risks that fall outside the standard market and…
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The Lay of the Vacation Rental Business Landscape
The United States vacation rental market, according to Research and Marketing, was valued at $14.32 billion in 2021 and is expected to reach $21.53 billion by 2026. The market is made up of various rental properties – from homes to…
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How Insurance Agents Can Maximize Virtual Meetings with Killer Presentations
While the insurance industry is once again attending face-to-face conferences, trade shows, and seminars, virtual meetings are here to stay. The more than two-year hiatus in holding face-to-face gatherings amid the pandemic and the resulting rise in virtual meetings demonstrated…
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Bridging the Gap Between Operating Software and User Knowledge
There are many different software programs and apps, including InsurTech platforms, available for the insurance industry and its professionals to utilize. Unfortunately, a gap exists between what these programs are capable of doing and the extent to which they are…
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The Impact of Inflation on Homeowners Insurance
Although inflation cooled slightly in April, it remains close to a 40-year-high. According to the Bureau of Labor Statistics, inflation stands at an annualized rate of 8.3%, pushing prices higher for consumers, including the cost of lumber and other building…
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