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The Eight Second Rule

Goldfish Slider.pngWe’ve all heard of the five second rule. If you drop food on the floor, the theory is you have five seconds to pick it up and eat it before it’s ‘contaminated’ with any germs (admit it, you’ve tested this concept before). But, have you heard of the eight second rule? Now that’s the new trending phrase.

According to a recent study by Microsoft, the human attention span continues to shrink. We now have a shorter attention span than a goldfish at only eight seconds.

Read more here.

 

3 Trends to Watch in Fire and Water Damage Claims

By Jared Boyd 

Fire claims were the most expensive homeowners claims in 2009-2015, according to a recent study by Travelers. Over the same time period, more property losses resulted from non-weather water claims than weather-related water claims, with 53% of the former involving plumbing-related losses.

Heading into 2017, here are three trends affecting fire and water damage—and how claims will continue to evolve as a result.

 

How Small Independent Agencies Can Compete in an Era of Disruption

By Jacquelyn Connelly

Compared to larger agencies, small agencies are particularly concerned about the impact of emerging purchase channels over the next two years, according to the 2016 Future One Agency Universe Study.

At a time when the number of mergers & acquisitions continues to break records year after year, small agencies are feeling the squeeze from competitors both old and new—including direct insurers, non-insurance websites like Google and retail stores like Wal-Mart, according to the study.

 Click here to find out what you can do.