“We make a living by what we get, but we make a life by what we give.” -Winston Churchill Five years ago, Ed Ellsasser participated in CEOs in Schools where local CEOs teams up with a school to share tips and knowledge while engaging with the kids. Ed was paired with West Tampa Elementary School and needless to say, WTE … Read More
April Is Distracted Driving Awareness Month
Distracted driving has become a deadly epidemic on our roads. Cell phone use — specifically, texting, talking, and social media use — has become the most common distraction. Other risky actions include adjusting the radio or GPS, applying makeup, eating and drinking. By driving distracted, you’re robbing yourself of seconds that you may need to avoid a close call or … Read More
Independent Agency Channel Achieved Record Organic Growth in 2023
The independent insurance agency and brokerage channel achieved an organic growth rate of 10.3% in 2023, according to Reagan Consulting’s “Growth & Profitability Survey,” which is the highest annual level since Reagan began its quarterly study in 2008. Reagan attributes 2023’s organic growth rate to the U.S. economy growing faster than anticipated—with real gross domestic product (GDP) growth at 2.5%, … Read More
Insurance Considerations for Landscaping Businesses
You’re passionate about turning lawns, gardens, and other outdoor spaces into works of art worthy of a magazine cover, so you’re starting your own landscaping business. It takes more than just creative visualization and a pair of hedge clippers to run a successful landscaping business. Proper planning will help to nurture your profits, along with the trees. When the time … Read More
The 10 Most Common Workers’ Compensation Claims
Workplace accidents can happen anytime to any type of worker. You can do everything in your power to avoid them, but just like any life occurrence, anything can happen. Accidents happen every day, in fact, and in every industry. That’s just how it is. If you think just because your business doesn’t involve heavy machinery or super-sharp things that you’re … Read More
U.S. P&C Underwriting Losses Hit 10-Year High of $38 Billion
The U.S. property & casualty industry’s underwriting loss was $38 billion in 2023, a 10-year high, according to AM Best’s latest market segment report. Factors contributing to the historic losses include catastrophes, inflation and reinsurance pricing. The industry experienced $65 billion in CAT losses in 2023. While primary perils such as floods, hurricanes and earthquakes historically bring large losses, AM … Read More
We Are Hiring!
PrimeGroup Insurances’ most valuable asset is the knowledge and creativity of the people who work for us. We are problem-solvers, and we love a good challenge. Our team of professionals works to provide our clients with customized solutions that are clear, concise, and tailored to their needs. PGI’s Core Values are Clients, Community, and Employees. Here are the positions we … Read More
We Are Hiring!
PrimeGroup Insurances’ most valuable asset is the knowledge and creativity of the people who work for us. We are problem-solvers, and we love a good challenge. Our team of professionals works to provide our clients with customized solutions that are clear, concise, and tailored to their needs. PGI’s Core Values are Clients, Community, and Employees. Here is the position we … Read More
The Hard Market & You – Navigating Insurance During a Sellers Market
The Hard Market & You – Navigating Insurance During a Sellers Market We are in the midst of the hardest insurance climate in decades. The combination of high inflation, large claims payouts, and tightening eligibility requirements has forced policy premiums to skyrocket and coverage options to dwindle for insureds. Insurance experts refer to this situation as a “Hard Market” and … Read More