|
| Back in 2011, the publishing company I used to work for hired a new editor. He was the recipient of multiple awards for outstanding journalism, but insurance was a totally new gig for him. As a newcomer to the subject matter, he often asked provocative questions about the industry that the rest of us, embarrassingly,... read more |
|
|
|
|
| | | Advertisement | | | | | | | | 2021 Business Email Compromise Threats | | | | BEC is a fraud tactic using email to socially engineer an employee to install malware or transfer/redirect funds into a fraud operator's account - is a sophisticated and elusive fraud tactic. | | | | | | | | GIACT/A Refinitiv Co. |
| | |
|
|
|
|
|
| Usage-based insurance (UBI) finally has come of age in the U.S. insurance sector. Insurers have spent the last 20 years exploring the potential of telematics with alternating curiosity, commitment and disillusionment. Last year, 8.2 million U.S. auto policyholders shared their driving data with an insurer, based on the research of the IoT Insurance Observatory, a... read more |
|
|
|
|
| Yesterday was the first day of Fall. Most US companies are just weeks away from their Benefits Open Enrollment. Employees are the focal point of the enrollment process. As they consider their benefits, they are trying to figure out how to select their employer benefit ...read more |
|
|
|
|
| Last week, Praedicat, a liability risk analytics company, announced that it launched a new Company Risk Score designed to simplify the underwriting of complex emerging risks for liability insurance. The Company Risk score, ranging from 0 to 100 for every one of more than 100,000 companies tracked by Praedicat, summarizes the company's exposure to latent... read more |
|
|
|
|
| Agent digital experiences are moving to the forefront of property/casualty insurance carrier tech strategies, according to a survey report published by Celent late last week. Just having a web portal isn't going to cut it anymore, with 94 percent of 35 North American carriers surveyed by the global research and tech advisory firm for financial... read more |
|
|
|
|
| Since the pandemic began, most of the COVID-19-related business interruption disputes have not gone in favor of the policyholders, especially in federal court. More than 90 percent of motions to dismiss in federal lawsuits, in fact, have been upheld in cases heard. Some legal experts are now wondering if that trend is about to bend... read more |
|
|
|
|
| Business leaders have a renewed confidence in the economy and a greater appetite to embrace calculated risks, according to a new study from Aon. In fact, 90 percent of executives surveyed said they expect business conditions a year from now to be stronger. Meanwhile, 79 percent of respondents are predicting significant growth in the year... read more |
|
|
|
|
| Lately, when people say "wildfire," California is probably the first state that comes to mind. But a new report out should concern people living in a few other Western states that aren't often mentioned when the wildfire peril is considered. Wyoming and Idaho top the list for disproportionate economic risk in terms of housing stock... read more |
|
|
|
|
| The goal of any new leader is to quickly establish a high level of trust and credibility with the team. After all, numerous studies have shown that trust in leadership is linked to higher individual and team performance. However, that might not be the best strategy for long-term success, according to a new study from... read more |
|
|
|
|
| For nearly 150 years, managing general agencies have been an important sales and distribution arm of the U.S. insurance industry, initially offering a way for an early insurance company to enter emerging Western states without having to invest in developing a local office. As the carrier's fronting mechanism, the MGAs were authorized to underwrite, issue... read more |
|
|
|
