Medical Professional Liability Insurance Market Improves but Still Unprofitable June 20, 2022 The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio...
Future Profit Models for Insurers and Their Agent/Broker Partners June 20, 2022 By Chris Burand I read an article written by a former carrier CEO who is now a consultant and private equity backer to...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005 June 6, 2022 U.S. traffic deaths jumped 10.5% in 2021 to 42,915 — the highest number killed on American roads in a single...
Logic & Language and Forms & Facts; Folklore Is NOT Fact June 6, 2022 By Bill Wilson Two of my pet peeves involve certain types of coverage questions that I’ve received over the years. The first one...
Platforms Are Having a Moment June 6, 2022 By Barry Rabkin Platforms are having a moment. Should insurance companies care? Increasingly more firms from different industries say they offer platforms. Technology...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion June 6, 2022 Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...
Legal Malpractice Claims Severity Keeps Rising June 6, 2022 By Chad Hemenway Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance...
7 Questions Job Seekers Ask About Remote Jobs June 6, 2022 By Mary Newgard For a long time, the burden to prove the concept of work-from-home fell on the job seeker with much of...
Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator June 6, 2022 By L.S. Howard Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model...
Allyship: The Next Step Toward an Inclusive Industry June 6, 2022 By Debra Dunn Today’s insurance industry has evolved significantly from when I first joined USAA 24 years ago. The idea of conversations around...