The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway April 4, 2022 By Andrew G. Simpson Information services firm Verisk has said it has taken steps that align with one investor’s call for the firm to...
U.S. Issues New Safety Rule Governing Driverless Vehicles March 21, 2022 By Andrew G. Simpson The Biden Administration has issued a final rule intended to ensure safety of occupants in automated vehicles. This rule updates...
Report: Minneapolis Didn’t Follow Protocols in George Floyd Unrest March 21, 2022 A report on how Minneapolis police, fire and other agencies responded to protests that erupted following the killing of George...
Texas Oilfield Company Charged With Workers Safety, Environmental Crimes March 21, 2022 A federal grand jury in Midland, Texas, returned an indictment charging an oilfield company and an executive of the company...
4 Ways to Help Clients Get Smart About Insurance Shopping March 21, 2022 By Dax Craig The ongoing global pandemic has driven up costs across the board for small business owners — unpredictable shipping costs, stock...
Why Continuous Improvement Requires Psychological Safety March 21, 2022 By Al Mele Continuous improvement is a widely known quality management concept used by numerous organizations in the insurance industry. It’s an essential...
‘Essential’ MGAs, Other DUAEs Face Inflation, Staffing Pressures March 21, 2022 By Susanne Sclafane Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports...
Funds Transfer Fraud Skyrockets in 2021; Small Businesses Hit Hard March 21, 2022 By Chad Hemenway Cyber claims from small and midsize businesses saw a “material uptick” in 2021, with funds transfer fraud a main culprit,...
Inflation Outpacing Premium Increases for Auto and Homeowners Lines March 21, 2022 By Jim Sams US Insurers — already hammered by extraordinary losses caused by natural disasters — are failing to raise premiums at a...
More Price Increases for US Commercial Insurance in Q4 2021: WTW March 21, 2022 U.S. commercial insurance prices rose again in the fourth quarter of 2021, according to WTW’s latest Commercial Lines Insurance Pricing...