{"id":864,"date":"2025-02-03T11:42:28","date_gmt":"2025-02-03T11:42:28","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/market-forces-impact-personal-lines\/"},"modified":"2025-02-03T11:42:28","modified_gmt":"2025-02-03T11:42:28","slug":"market-forces-impact-personal-lines","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/market-forces-impact-personal-lines\/","title":{"rendered":"Market Forces Impact Personal Lines"},"content":{"rendered":"<div id=\"post-content\" itemprop=\"description\">\n<p>Run Time: <span itemprop=\"duration\">41:11<\/span><\/p>\n<h2 itemprop=\"name\" style=\"font-size:18px;margin-bottom:12px;\">Market Forces Impact Personal Lines<\/h2>\n<p>\t\t<span class=\"ratings_wrapper\"><\/p>\n<div id=\"post-ratings-24833\" class=\"post-ratings\" data-nonce=\"4b5039c552\"><img decoding=\"async\" id=\"rating_24833_2\" src=\"https:\/\/www.insurancejournal.tv\/app\/plugins\/wp-postratings\/images\/thumbs\/rating_2_off.gif\" alt=\"Like\" title=\"Like\" onmouseover=\"current_rating(24833, 2, 'Like');\" onmouseout=\"ratings_off(0, 0, 0);\" onclick=\"rate_post();\" onkeypress=\"rate_post();\" style=\"cursor: pointer; border: 0px;\"\/> (No Ratings Yet)<\/div>\n<div id=\"post-ratings-24833-loading\" class=\"post-ratings-loading\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.insurancejournal.tv\/app\/plugins\/wp-postratings\/images\/loading.gif\" width=\"16\" height=\"16\" class=\"post-ratings-image\" alt=\"\" title=\"\">Loading&#8230;<\/div>\n<p>\t\t<\/span><br \/>\n\t\t<br \/>\n\t\t<span class=\"video-views-single-page\"><\/p>\n<p>57 <span>views<\/span><\/p>\n<p>\t\t<\/span><\/p>\n<div class=\"embed-dropdown\">\n<hr\/>\n<p>    <button class=\"hide\" onclick=\"ijtv_deactivate_embed_dropdown(event)\">Close<\/button><\/p>\n<h4>Embed Video<\/h4>\n<p>Use the below code to add this video to your website.<\/p>\n<p>    <textarea readonly=\"readonly\" onclick=\"this.focus(); this.select();\"><iframe loading=\"lazy\" src=\"https:\/\/www.insurancejournal.tv\/player.php?v=24833\" width=\"400\" height=\"225\" frameborder=\"0\" webkitallowfullscreen=\"\" mozallowfullscreen=\"\" allowfullscreen=\"\"><\/iframe><\/textarea>\n<\/div>\n<hr\/>\n<hr\/>\n<p>\t\tOn this installment, we check in with Luke Bills, president of independent agent distribution for Liberty Mutual\u2019s U.S. retail markets. Luke outlines challenges for agents, including consolidation and pricing. Agents have had to deal with suffocating rate increases in recent years\u2014\u201cthere was nowhere to hide from that,\u201d Luke says. While auto rates are stabilizing, property is another story: \u201cI don\u2019t see a soft market coming,\u201d he adds. Looking down the road, he says he is \u201cvery bullish on the IA channel. This [hard] market has shown the value of the independent agent.\u201d With homeowners having to manage more risk and costly assets, and as insurance coverages \u201cgets more expensive and availability gets more challenging, consumers need to have choice and expert guidance. That\u2019s what independent agents do.\u201d Captive agent models, too, \u201care moving toward finding choice,\u201d he adds.\t<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Run Time: 41:11 Market Forces Impact Personal Lines (No Ratings Yet) Loading&#8230; 57 views Close Embed Video Use the below code to add this video to your website. On this installment, we check in with Luke Bills, president of independent agent distribution for Liberty Mutual\u2019s U.S. retail markets. Luke outlines challenges for agents, including consolidation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[586,189,588,324,587],"class_list":["post-864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-forces","tag-impact","tag-lines","tag-market","tag-personal"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=864"}],"version-history":[{"count":0,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/865"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}