COVER: Attracting the Next Generation
The insurance industry is facing a hiring crisis. One-quarter of the current workforce is expected to retire by 2018, but a negative industry perception, a lack of career awareness and generational prejudices are preventing many from harnessing the talent needed to propel future growth. Through a series of surveys, industry research and interviews with key stakeholders, Insurance Business America takes a look at how agents can tackle this trend and use it to their advantage.
Wading into flood insurance
Recent moves by FEMA, including the rollout of sizeable premium increases for home and business owners, have prompted more flood insurance offerings from private carriers. Some analysts are questioning its staying power, however.
When will Americans get serious about earthquake insurance?
Three industry representatives discuss the major earthquake in Nepal, and how to refocus client attitudes toward earthquake risks closer to home.
Technical Risk Underwriters president and CEO Mike Pilla discusses standing out from the crowd and never losing focus on people.
Life in the fast lane
As the economy picks up speed, commercial auto insurance is shifting into higher gear. Industry experts discuss how brokers can gain traction in this valuable market.
Wanna make a bet?
Adam Mitchell, broker and president of Mitchell & Whale Insurance Brokers, is concerned with brokers who seem to be betting that today’s technology will disappear. He says they may want to rethink that gamble.
Surviving the swamp
Declining oil prices may be pushing the market into a soft cycle, but oil and gas remains a huge industry in the US – with massive insurance needs.
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