The U.S. commercial lines composite rates increased 5.28% during the third quarter of 2022, below the 5.91% increase during the second quarter of 2022, according to MarketScout. Personal lines composite rates also increased 4.58% during the third quarter of 2022, less than the 5.16% increase in the second quarter of 2022. Read More…

As a business owner, you have a lot on your plate. Sure, your finances on the line. But on any given day your role can evolve from being the boss to HR specialist to head of sales to sweeping floors — that’s just how it is. You spend every minute trying to meet the day-to-day demands of the business, working toward success. Read More

This week marks the 30th anniversary of Hurricane Andrew, which was the strongest storm to impact the U.S. since Hurricane Camille in 1969. Economic damages in Florida alone totaled $25 billion, of which only $15 billion was insured, according to the National Hurricane Center (NHC). Read more >

But what if someone leaves a negative review on your Advantage profile? At, every review must pass the internal review process before appearing on your profile. That means favorable reviews are publicly shared at the top of the list on your Advantage profile, and any negative reviews are posted lower but stored for your agency’s reference. Read More >

As of 2021, the average cost of a data breach in the healthcare sector amounted to 9.23 million U.S. dollars. The global average cost of a data breach in the measured period was 4.24 million U.S. dollars. Data breaches in the public sector ranked last, costing an average of 1.93 million U.S. Read More >

Cyber insurance is harder for companies to find than it was a year ago – and it’s likely going to get harder. While cyber insurance is becoming more of a must-have for businesses, the explosion of ransomware and cyberattacks mean it’s also becoming a less enticing business for insurers. Read More >