Tech Talk: Digital Transformation 2.0 September 19, 2016 By Tom Wetzel The just released Insurance Digital Transformation Study (available at www.insurancedigitalrevolution.org) sheds light on why agents struggle with adapting to digital...
14 States Process $13.1B in Surplus Lines Premium in First Half 2016 September 19, 2016 Data from the 14 U.S. surplus lines service/stamping offices show they have processed almost $13.1 billion in insurance premium filings...
Weak Profits Leading to Takeovers of Smaller Reinsurers September 19, 2016 Weak profitability is likely to leave more reinsurers worldwide vulnerable to takeover in 2017, reinvigorating mergers and acquisition activity as...
Low Prices Ultimately Could Bite London Market Insurers: A.M. Best, PwC Reports September 19, 2016 By L.S. Howard The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under...
Big Box or Boutique? September 19, 2016 By Andrea Wells It’s no secret that the world of insurance is consolidating. The number of insurance agency mergers and acquisitions in the...
Signs of the Agency Financial Times: 7 Key Trends Producers Should Watch September 19, 2016 By Danny Anderson and Bruce Berthelsen 7 Key Trends Producers Should Watch to Keep from Being Left Behind In “Left Behind,” the first book in an...
New York’s Attempt to Subject Surplus Lines Insurers to Insurance Franchise Tax September 19, 2016 By Andrew Appleby and Alla Raykin New York has increasingly asserted that unauthorized insurance companies — including surplus lines insurance companies — are subject to New...
Autonomous Cars to Cut U.S. Auto Premiums by 20% in 20 Years September 19, 2016 The rollout of autonomous vehicles in the next few decades could lead to a massive reduction in U.S. motor vehicle...
Closing Quote: Health and Optimism in Surplus Lines September 19, 2016 The surplus lines industry continues to outperform the overall property/casualty market, but that doesn’t mean it’s not without its own...
New Markets September 19, 2016 My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Service...