Construction Workers Retiring & the Ripple Effect on the Insurance Industry
Look around – there’s no denying the construction industry is booming. As a result of this growth, more workers are needed to bring projects to completion.
Cannabis Crops Are Closer to Wildfire Perimeters Than Any Other Harvest in the Golden State
Wildfires across the agricultural sectors of California have become an increasingly large threat over the last few years. However, it is the Golden State’s lucrative cannabis crops that are being impacted the most.
5 Darn Good Reasons to Seek Out Careers in the Insurance Industry
With the ongoing labor shortage and more veteran insurance agents moving into retirement, what makes the insurance industry a great career choice in 2023 and beyond?
Is It Time to Address the Work-Life Balance Needs of Insurance Employees?
As the world adjusts to a post-pandemic new-normal, changes implemented during the height of COVID-19 continue to impact how we live and work.
The Cost of Social Inflation on Insurance Affordability
Social inflation has become an important factor in the cost of liability insurance. But what exactly is social inflation, and how does it impact the cost of insurance?
Arbitration in Construction: A Growing Option for Settling Liability and Contractual Disputes
Supply chain disruptions. Inflation. The labor shortage. The construction industry is grappling with several challenges that are resulting in an increase in contractual disputes and a significant rise in liability lawsuits.
5 Loss Prevention Methods for Construction: Safeguarding Equipment & Keeping Insurance Premiums In-Check
Tools and equipment used on construction sites are often subject to theft and vandalism – creating project delays and impacting costs. Over time, multiple claims may also increase insurance premiums.
AI for Insurance: Artificial Intelligence Makes Its Way Up the Construction Industry Ladder
From machine learning to language processing and robotics to ChatGPT, artificial intelligence (AI) has become a game-changer in so many industries – including those that have been slow adopters to this type of technology.
4 Tips for Getting the Most Out of Insurance Networking Events
There is a saying in the insurance industry that when it comes to building a book of business, an agent or broker always needs to be “prospecting where their feet are.”
Cross-Selling in Insurance: 3 Reasons This Tried and True Strategy Shouldn’t Be Ignored
According to Investopedia, cross-selling in the insurance industry has long been an effective method of generating new revenue because it involves selling products to clients that agents and brokers have already established relationships with.