This post is part of a series sponsored by Expert Insured. Accounting is often one of the most challenging aspects of managing an MGA or wholesaler operation. Built on 15 years of proven use by insurance professionals, Expert Insured’s accounting module was designed with the unique requirements of MGAs in mind. Recently refactored in .NET Core, the accounting system has been re-engineered for enhanced scalability, configurability, and security, featuring multi-factor authentication and single sign-on (SSO). With Selectsys Tech’s extensive experience, the system meets the highest standards of accuracy, compliance, and usability. An Accounting Solution for Insurance Professionals Unlike generic accounting…

Source: Getty Images New, alarming financial risks for homebuyers who are unaware of property flood histories has driven several states to implement new disclosure laws, helping protect consumers from unexpected costs after purchasing flood-prone homes, according to new research from Milliman. Atmospheric conditions are intensifying flood risks across the U.S., with severe storms and rain events becoming more devastating and frequent. Despite this escalating threat, a significant regulatory gap has persisted: many states haven’t required home sellers to disclose previous flooding to potential buyers. This omission creates a dangerous scenario where unsuspecting homebuyers invest their savings in properties with undisclosed…

The stark reality for legal practices today is this: The sensitive client information you handle makes you a prime target for a law firm data breach. Yet, despite the increasing cyber threat to lawyers, many still rely on insufficient insurance policies that leave them exposed to data breaches when it matters most. In fact, more than half of all firms have inadequate coverage. When it comes to cybersecurity, the gap between awareness and action is growing, and the consequences can be extremely costly. In this article, we’ll break down the unique ways law firms are vulnerable to data breaches and…

The Institutes’ Pete Miller and Francis Bouchard of Marsh McLennan discuss how AI is transforming property/casualty insurance as the industry attacks the climate crisis. “Climate” is not a popular word in Washington, D.C., today, so it would take a certain audacity to hold an event whose title prominently includes it in the heart of the U.S. Capitol. And that’s exactly what ClimateTech Connect did last week. For two days, expert panels at the Ronald Reagan Building and International Trade Center discussed climate-related risks – from flood, wind, and wildfire to extreme heat and cold – and the role of technology…

This post is part of a series sponsored by AgentSync. In the complex and ever-evolving world of life and annuity (L&A) compliance, efficiency isn’t a luxury, it’s a critical factor in an organization’s success. One of the most overlooked but essential components of smooth producer onboarding is contract request management. Without an integrated system to manage this process, carriers face unnecessary delays, increased administrative costs, and operational risks that hinder the ability to write policy and scale effectively. The bottleneck in contract request management For many L&A carriers, the producer contract request process is plagued by inefficiency and disconnected data.…

This post is part of a series sponsored by Expert Insured. The insurance industry is evolving quickly, and let’s face it-legacy systems won’t be part of its future. You’ve probably seen the signs yourself: outdated tech, cumbersome desktop-based setups, and the endless hassle of VPN connections. The question isn’t whether these systems will change, but how quickly you’ll move to a better solution. That’s why we acquired Expert Insured and significantly enhanced it-to directly address these industry challenges and deliver a platform built specifically for the future needs of MGAs and wholesalers. Why Expert Insured? Expert Insured isn’t just another…

The Trump Administration’s unwinding of the Building Resilient Infrastructure and Communities (BRIC) program and cancellation of all BRIC applications from fiscal years 2020-2023 reinforce the need for collaboration among state and local government and private-sector stakeholders in climate resilience investment. Congress established BRIC through the Disaster Recovery Reform Act of 2018 to ensure a stable funding source to support mitigation projects annually. The program has allocated more than $5 billion for investment in mitigation projects to alleviate human suffering and avoid economic losses from floods, wildfires, and other disasters. FEMA announced on April 4 that it is ending BRIC .…

Chief Economist and Data Scientist, Dr. Michel Léonard Recent tariffs issued by U.S. President Donald Trump are on track to increase the price of parts and materials used in repairing and restoring property after an insurable event. Analysts and economists, predict these price hikes will lead to higher claim payouts for P&C insurers and, ultimately, higher premiums for policyholders.  After making several announcements since early March 2025, on April 2, President Trump signed an executive order imposing a minimum 10 percent tariff on all U.S. imports, with higher levies on imports from 57 specific trading partners. A general tariff rate…

Are you a lawyer living the dream of running your own firm and living life like a true boss? While the billable hours and courtroom wins are part of your success, another significant challenge for law firm owners and managers in 2025 is law firm turnover. Finding associates can be tough, but keeping them around can be just as much of a challenge, if not more so. According to the ABA Journal, law firm turnover — also known as “attrition” — can cost firms between $200,000 and $500,000 per lawyer lost. With rising costs at top of mind for many…

This post is part of a series sponsored by EZLynx. As an independent agent, chances are you’re always on the lookout for new ways to diversify your business and boost revenue. If you’ve spent years building a solid personal lines portfolio and are ready to take your agency to the next level, the commercial lines market presents an incredible growth opportunity. According to a report by McKinsey, global commercial property and casualty (P&C) insurance lines have shown strong performance, with premiums increasing by an average of 8% annually over the past five years. This growth presents a prime opportunity to…