Insurers Urged to Stress Test Cyber Portfolios for Russian Attack Potential April 4, 2022 By Chad Hemenway Cyber risk and analytics firm CyberCube said it has seen cyber attacks on Ukrainian government services, infrastructure and other industries,...
10 Questions to Ask When Conducting a Reference Check April 4, 2022 By Mary Newgard An efficient process is essential to successful recruiting in today’s job market. Any part of your process that creates delays...
How AI Can Help Agents, Brokers and Insurers Build Empathy April 4, 2022 By Ilya Filipov Empathy isn’t a word small business owners typically associate with insurance companies. But that doesn’t mean empathy isn’t important to...
Employment Practices Liability Rates April 4, 2022 Even with all of the change and disruption, employment practices liability insurance market experts say the market is competitive and...
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...
‘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...
My Story of Failure: Moving Forward by Looking Back March 21, 2022 By Tony Caldwell It comes upon you suddenly, and without warning. Fear. The kind of fear that strikes you physically like electricity running...