Milan, Vlada and Vadym, the SUPERAGENT founders, have a lot to share on building this week (see Vadym's reflections in our Building In Public section below).
This week: Supreme Court shakes up regulatory playbooks, Ram recalls roll into fresh lawsuits, and art fraud with a Vegas cameo.
📌 We launched BOOT|camp... then scrapped half of it (and made it actually work)
📌 Personal lines spike again, especially for $1M+ homes as storm season heats up
📌 SCOTUS ruling fractures federal rules. Agents, get ready for compliance whiplash
So here’s what we messed up:
Now, it’s dead simple: pick a persona, hit start, and you’re in. Suddenly, people actually started using it. Wild how that works.
Rates are still climbing, especially where it hurts most. U.S. personal lines rose an average of 4.6% in Q2, with high-net-worth homes over $1M seeing hikes up to 6.7%. And with hurricane season now underway, that’s just the warm-up.
Agents are being urged to time renewals carefully. January to March might have been the last “calm window” for coastal homes. Meanwhile, personal auto ticked up 5.7%, and commercial auto led the business side again with a 6.7% hike. If you're trying to position this as "stable," you’ll need more than a graph. Read More...
The Supreme Court just removed the big stick carriers and insureds leaned on to challenge federal rules everywhere. Now, legal battles will fragment across districts. One state might enforce a rule while another doesn't.
For agents, that’s a new season of “Check your geography before you advise.” Contracts, coverage documents, even risk training may need zoning attention faster than you can say “compliance chaos.” Learn more...
Fiat Chrysler’s 2017–18 update for rollaway hazards in Ram pickups didn’t do the job right. Now 1.2 million rigs are still departing driveways and landing in claims.
Fleet managers and commercial underwriters? Time for thy annual reminder: recalls don’t fix forever, and post-recall diligence pays. Read more...
Congress pulled the plug on proposed taxes for legal-financing firms, meaning fundraiser profit goes untaxed. That one-two punch of big-money claimants and unchecked funders could push claim frequency -and tail severity- higher.
Watch for erosion in loss ratios ahead. Read more...
A Las Vegas woman took an $1.8M bite from insurers with fake appraisal schemes, and the judge bit back... four years and steep fines.
It’s a reminder: when art leaves the gallery, do your own authenticity homework. Valuation diligence isn’t optional, it’s table stakes. Read more...
Talk about ripple effects: a proposal to shutter VA medical centers would dump vets into private networks. Insurers are already seeing pricing projections climb.
Adding vet coverage to employer plans might become the unspoken headline in Q4 renewals. Read more...
NAMIC Agricultural Risk Conference | July 16–17 • Des Moines, IA
Hands-on cases and risk modeling directly from the farm learning lab. Learn more...
CIWA Summer Forum | July 20–22 • Monterey Bay, CA
Wholesale brokerage, capacity trends, and coastal market dynamics. Learn more...
NAIC Summer National Meeting | Aug 10–13 • Minneapolis, MN
Where state regulators meet, models get revised, and carriers pay close attention. Learn more...