California Man Arraigned on 14 Counts of Insurance Fraud in ‘Paper Collision’ Scheme December 20, 2021 Farrukh Hussain, 37, of Eastvale, California, was arraigned on 14 felony counts of insurance fraud after allegedly stealing consumers’ identities...
Where Insurance Prices Will Moderate in 2022. And Where They Probably Won’t. December 20, 2021 Commercial insurance prices in general should stabilize in 2022, although not in cyber where increases from 50% to as much...
12 Hiring and Recruiting Ideas for Insurance Organizations December 20, 2021 By Mary Newgard For my last column of 2021 I’m mixing seasonal flavor (cue the 12 Days of Christmas song) with the idea...
Wholesale Brokers Look to Continue Offering Value While Addressing Talent Gap December 20, 2021 By Amy K. O'Connor The wholesale insurance market continues to grow premiums while providing value to retail agents and important options to their customers,...
Brokers Report Cyber Insurers Requiring Security Steps Along With Higher Premiums December 6, 2021 Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose...
Why It’s Time to Unify the House December 6, 2021 By Peter van Aartrijk The insurance industry relishes mergers and acquisitions. In the recent decade, the buying has been driven by low interest rates,...
5 Tips to Help Retain Talent During ‘The Great Resignation’ December 6, 2021 By Kimberly Tallon The talent war is about to get fiercer thanks to “The Great Resignation.” Millions of U.S. workers have quit their...
Future of Surety: Why the Industry Needs Knowledge Transfer and Education Now December 6, 2021 By Brian Beggs Surety requires a highly complex and specialized form of underwriting. It is also an excellent career path for those who...
Inflation, Loss Severity May Curb Nonstandard Auto Market’s Positive Momentum December 6, 2021 Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along...
Lessons from Ransomware Payments by CNA, JBS and Colonial Pipeline December 6, 2021 By Andrew G. Simpson In March 2021, CNA Financial Corp., one of the country’s largest insurance companies, suffered a ransomware attack from a cybercriminal...