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Today's Headlines June 28, 2022

Telematics Has Kept the Promise: Allstate's Journey Continues

Telematics has been on personal insurers' radar for many years, and it has recently reached a tipping point. Nowadays, it is recognized as a necessary capability for the future success of any auto insurer in the U.S. market. Last year we analyzed Allstate's journey toward developing this capability in our article "The Journey to Build... read more
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Don't Count Out InsurTech Disrupters, Carrier CEOs Say

InsurTechs bent on disrupting the insurance industry haven't succeeded so far, but a future wave of InsurTechs might emerge to accomplish a similar goal, carrier executives said recently. Speaking at the 38th Annual S&P Insurance Conference in June, Jack Roche, president and chief executive officer of The Hanover Insurance Group, said, "I've learned to not... read more
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 Brand Spotlight 
Navigating a hard market in personal auto

After a whirl of shifting trends throughout the pandemic, personal auto insurers are seeing forces converge toward a hard market in 2022. The turbulence has been deep and widespread: 1. Contraction and volatility in 2020: Amid the pandemic and stay-at-home orders, the personal auto market ...read more
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Judge Approves $1B Settlement in Deadly Florida Condo Collapse

A judge gave final approval Thursday to a settlement topping $1 billion for victims of the collapse of a Florida beachfront condominium building that killed 98 people, one of the deadliest building failures in U.S. history. The decision by Miami-Dade Circuit Judge Michael Hanzman came a day before the one-year anniversary of the Champlain Towers... read more
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Supreme Court Sides With Doctors Challenging Opioid Convictions

The U.S. Supreme Court on Monday made it harder for prosecutors to win convictions of doctors accused of running "pill mills" and excessively prescribing opioids and other addictive drugs, by requiring the government to prove that defendants knew their prescriptions had no legitimate medical purpose. The 9-0 ruling, authored by liberal Justice Stephen Breyer, sided... read more
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NYC, Miami, Tampa, New Orleans Tops Among Storm-Surge Exposed Cities

New York, Miami, Tampa, and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge during hurricanes, according to a report released by CoreLogic, a property data analytics firm. Using housing data and its own reconstruction cost estimates, the report found that these four cities have... read more
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Managing Yourself: 7 Tips for Fighting Burnout

Work can take over our lives if we let it, upping our stress levels and causing us to burn out while also taking a toll on our personal relationships. Setting firm boundaries, practicing self-compassion, and giving ourselves opportunities to relax and recharge can help. Take a break. Taking a break can help you decompress so... read more
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Research and Webinars

Five Key Steps to a Successful Digital Transformation

Based upon Utica First's own implementation experience, VP of Operations, ...
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Meeting the Digital Needs of Your Distribution Network

Utica First Insurance transformed agency engagement with innovative ...
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What Your Need to Know About "Hyperautomation"

As the world has turned digital, technological business solutions continue ...
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Best Practices for Enhanced Identity Verification Solutions

According to the FBI, the insurance industry loses $40 billion per year to ...
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4 Tips to Create a Seamless Claims Experiences for Customers

A clunky and inefficient claims process leads to unhappy customers. Is it your ...
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Media

EP. 35: Creating Harmony: What Cyber, Insurance Pros Can Learn from Music

InsurTech Newsletter


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