Allstate CEO Sees Untapped Opportunity in Direct-to-Consumer Homeowners Market March 6, 2023 By Susanne Sclafane When Allstate’s chief executive officer looks at potential growth opportunities for personal lines insurers, he sees an untapped part of...
Used-Vehicle Prices May Be Cresting but Insurers Still Underwater March 6, 2023 By Marty Ellingsworth It was the best of times, it was the worst of times” would be an apt description of the last...
Actions vs. Talk: Is the Insurance Industry Coming Through on DEI Commitments? March 6, 2023 By Chad Hemenway Though the last five years have included events – specifically the murder of George Floyd – that prompted many company...
From Cyber to Lease Protection, Many Small Businesses and Agencies Are Woefully Unprepared March 6, 2023 By William Rabb Lisa Parry Becker, vice president of an independent insurance agency in Langhorne, Pennsylvania, recounted a computer hacking incident a longtime...
Fraudulent Instruction, Data Theft Trends to Continue in 2023: Beazley Cyber Services Snapshot March 6, 2023 Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report....
Insurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments March 6, 2023 By Andrew G. Simpson Two Trumbull Insurance customers who believe they were short-changed on claims payments have filed a proposed class action suit against...
Families of Texas School Shooting Settle Suit With Ammo Retailer March 6, 2023 By Juan Lozano The families of those killed and injured in a 2018 Texas high school shooting have settled a lawsuit they had...
Insurers View New Car Sales Rise in California as More Evidence for Rate Filings March 6, 2023 By Don Jergler New figures show car sales in California continue to slowly return to pre-pandemic levels, which the state’s auto insurers believe...
Florida Tort Reform Bill Goes Big, Checks Most Remaining Boxes for Insurers Hoping to Stem Litigation March 6, 2023 By William Rabb Outside of insurance attorneys, plaintiffs’ lawyers and some doctors, few people in Florida may be familiar with what are known...
Women Insurance Pros on Balance, Community and the Future March 6, 2023 By Mary Newgard For March’s column I wanted to celebrate Women’s History Month, but beyond that I didn’t know what the message would...