Market Insights

With some careful planning and outreach, insurance agents can still find opportunity in the small business market.

"Insurers should be upfront about any admin fees they charge," Lee Griffin, founder and CEO of GoCompare, said in a statement.

According to the Bureau of Labor Statistics, the average adult in the U.S. spends roughly $1,000 per year on coverage.

A.M. Best's new report indicates a reduction in net underwriting income despite growth in net earned premiums for the first six months of 2019.

AmTrust notes that some companies are saving $3 or more for every dollar they put into their workplace safety program.

The department has found that insurance is becoming harder to find for those in high wildfire-risk areas as a result of recent wildfires.

The deal count continues to rise in the insurance distribution M&A market, says Marshberry.

The Swiss Re Institute estimates global economic losses from natural catastrophes and man-made disasters in the first half of 2019.