Perpetuation Tools of Gifting of Stock & GRATs February 7, 2022 By Catherine Oak For family businesses, the key is to understand everyone’s needs and expectations and then design a plan well in advance...
People & Places February 7, 2022 National Patrick Sterling will lead RIMS, the risk management society, as president for the 2022 term. Sterling is vice president...
‘The New Collars’ February 7, 2022 By Andrea Wells One positive trend that could help fill the insurance talent gap is what Oliver Wyman Forum calls “The New Collars.”...
Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3 February 7, 2022 By Chad Hemenway Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends...
All Additional Insureds Aren’t the Same February 7, 2022 By Bill Wilson For at least the past couple of decades, it seems that in just about every contract, the upstream party wants...
Insurers Deploy Predictive Analytics, Artificial Intelligence in Fraud Fight February 7, 2022 By Jim Sams Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to...
Insurance Agency M&As Jumped 30% in 2021: OPTIS February 7, 2022 There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to...
Declarations February 7, 2022 PG&E Probation “In these five years, PG&E has gone on a crime spree and will emerge from probation as a...
Commercial Auto Among Lines With Flattening Rates in 2022, USI Forecast Predicts February 7, 2022 Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial...
How Agents and Insurtechs Can Work Together February 7, 2022 By Philip Charles-Pierre Independent insurance agents today are different. They’re not your parents’ agencies. Yes, they still provide insurance and build strong client...