Common AI data privacy risks faced by tech companies
AI has quickly become a part of our everyday lives. You can actively seek it out by asking ChatGPT to craft a convincing sick note for your boss, or you may passively encounter it without even realizing your moves are being monitored — those targeted ads don’t just grow on trees you know. And no […]
How Much Do Independent Insurance Agents Make?
This post is part of a series sponsored by Darkhorse Insurance. Before venturing into independent insurance sales, it’s crucial to consider the variable earnings potential, which is influenced by a range of factors. Let’s explore some of the key factors that influence an independent agent’s income, such as the type of insurance they sell, the […]
Allstate and NACDA unveil nominees for inaugural Good Works Team, celebrating all college sports, athletes
Northbrook, Ill., February 20, 2025 – Allstate and the National Association of Collegiate Directors of Athletics (NACDA) proudly honor 193 student-athletes excelling in academics, sports and community impact. Nominated by athletics administrators, conference office staff, and coaches, these student-athletes embody leadership, service and character and will now be considered for selection to the inaugural Allstate […]
From private equity to IPO: 3 capital pathways for insurance brokerages | Insurance Blog
The insurance brokerage industry has long relied on M&A as a core growth strategy, fueled by accessible, low-cost capital and strong free cash flow generation. While recent Federal Reserve rate cuts have provided some relief, deal volume in 2024 was still down nearly 20% compared to 2023. Despite M&A headwinds, brokers continue to face significant […]
Embroker Tech Benchmarking: February 2025 Newsletter
The state of tech insurance: 2025 Better late than never, right!? If we had to pick one word to sum up 2025 so far, it would be uncertainty. Just two months in, 2025 has already driven home the point that change is the only constant. Of course, change doesn’t always have to be something bad or […]
Social Inflation’s Impact on Insurance in 2025
This post is part of a series sponsored by IAT Insurance Group. Social inflation is not a new phenomenon, but its effects are becoming more pronounced across the insurance industry. In Episode 11 of What’s Brewing, Chris Accetta, VP of Product Management at IAT Insurance Group, and David Geller, Senior Product Manager, discuss the pressing […]
Allstate announces quarterly dividend and share repurchase authorization
NORTHBROOK, Ill., Feb. 26, 2025 – The Allstate Corporation (NYSE: ALL) announced that its board of directors approved a quarterly common stock dividend of $1.00 on Feb. 26, 2025, which is an increase of $0.08, or 8.7%, per share compared to last quarter. Allstate also declared the payment of quarterly preferred dividends. In addition, the […]
How to achieve profitable portfolio decarbonization in insurance | Insurance Blog
Throughout history, insurers have been pivotal in driving social change, enabling human progress, innovation, and prosperity. From seatbelts to vaccines and fire-retardant materials, insurers have fostered numerous innovations. Nowadays, they face a new monumental challenge: climate change. 2024 has been another record loss year for insurers driven by natural catastrophes linked to climate change. Insurers […]
A comprehensive guide to legal malpractice insurance
For lawyers and attorneys, legal malpractice insurance is an absolute must-have policy. That’s because malpractice claims are an unfortunate reality for most lawyers — in fact, the ABA estimates that four out of five lawyers face at least one malpractice lawsuit at some point in their careers. Not only does this insurance protect lawyers from […]
California and the P&C Market Outlook
This post is part of a series sponsored by AgentSync. After years of watching insurance carriers exit the California property and casualty market, the state may see another exodus in the wake of the January 2025 wildfires and the historic $1 billion assessment the state’s levying on insurers to shore up the California FAIR plan. […]