The U.S. auto insurance market experienced market disruption due to pandemic-related shopping volatility, an uptick in dangerous driving, policy renewal delays and fewer claims. But by the end of 2020, shopping volumes closed 5.3% higher than in 2019 and net …
The ongoing effects of the COVID-19 pandemic continue to dampen the entertainment sector, but the industry and its insurance partners are gearing up for a comeback. In the U.S., the theatrical, home/mobile entertainment market in 2020 totaled $32.2 billion, down …
Breach Advantage “No one representing the department will ask you for insurance, Medicare, Medicaid or personal financial information. No one representing the department will call you about the breach unless they are returning a call you made to us first.” …
Not only are more people working from home than ever before, but entire families are shopping online and using the Internet of Things — Alexa, Siri, Google Home, and other technology embedded with sensors or software — for sharing and …
COVID-19 may drive market corrections and insolvencies that could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation. However, financial institutions are also facing many other risks in the areas of cyber, climate, compliance and corporate …
Personal lines production seems to be a larger focus now for property/casualty agencies today. A question that our clients often ask us is regarding how to compensate personal lines staff for production. The short answer is it depends on the …
National Insurity, Instec Property/casualty insurance software firm Insurity has completed its acquisition of Instec. Instec is a cloud software maker for mid-size property/casualty carriers, managing general agencies and specialty insurers. Instec’s products help firms migrate, launch or expand complex commercial …
I have written on this subject many times, but I have done an inadequate job of being understood because I keep coming across agency owner after agency owner who does not know they need a balance sheet, and in fact, …
Ryan Black, 45, formerly of Fair Oaks, Calif., and Curtis Davis, 53, of Penryn, were both charged this week with three felony counts of workers’ compensation fraud after allegedly underreporting payroll and employees by more than $30 million to save …
Insurance Services Office (ISO) has released to Big I’s Virtual University the upcoming Homeowners’ multi-state filing tentatively effective beginning in March 2022. Yes, 2022. Eleven years have passed since ISO’s last major multi-state filing, so this is major. Within this …
