Challenging Market, Elevated Claims, but Reinsurers’ Profits Return: Reports September 18, 2023 By L.S. Howard Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022,...
Wear and Tear Exclusions Worn and Torn September 18, 2023 By Bill Wilson For whatever reason, recently I’ve had a slew of questions involving wear and tear exclusions. Perhaps that’s a product of...
The Unique Risks of an Artisan Contractor September 18, 2023 By Patrick Wraight When you hear or read the term, “artisan contractor,” what do you think of? Don’t search it, and if you...
Benchmarks and Value September 18, 2023 By Chris Burand Many of the benchmarks readers see in this industry have never been tested for validity. No one knows if the...
Agency Partnerships: Then and Now September 18, 2023 By Andrea Wells The first agency networks and partnership groups began in the 1970s, mostly to combine books of premium to access markets...
Claims Pros Warned About Confirmation Bias and Inflated Line Items September 4, 2023 By Jim Sams The charred remains of a dog found among the ruins of a house that was destroyed in a sudden fire...
What’s The Best Recruiting Tool to Find Insurance Talent? The Answer Might Surprise You. September 4, 2023 By Mary Newgard The #1, MOST IMPORTANT recruiting tool is one most insurance agencies and carriers don’t use to its fullest potential is...
Arrests Made in ‘Family and Friend’ Auto Insurance Fraud Ring September 4, 2023 An alleged “family and friend” organized auto insurance fraud ring in California was broken up by the Urban Automobile Insurance...
Lessons from the Stone Age September 4, 2023 By Catherine Oak and Bill Schoeffler In our modern world of rapidly advancing technology and complex corporate structures, it’s absurd to consider looking toward the distant...
Two Rival Robotaxi Services OK’d to Operate Throughout San Francisco September 4, 2023 By Michael Liedtke California regulators approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours,...