Commentary

One way agents and brokers can showcase their value is by educating clients on the ongoing drivers of rising rates.

Growing legal fees Fla. insurers face from past hurricanes and reduced faith in building inspections could drive a decline in available coverage.

With open insurance, insurers can harness large volumes of real-time customer data to optimize services and offerings.

PIA will continue to work with congressional offices to explain the value that independent insurance agents provide in delivering flood coverage.

Insurers should expect increasing pressure to go beyond risk assessment and reporting by taking a more proactive role in reducing carbon emissions.

As the insurance industry moves into the "Platform Age," all insurers will become digital insurers — or else.