Insurer Market Conduct Troubles Often Traced to Claims Handling Errors December 16, 2019 By Jim Sams Mistakes by claims professionals were the most common reason for enforcement actions against U.S. property and casualty insurers in 2018,...
P/C Direct Premium Written Up 4.9% December 16, 2019 By Douglas A. Powell Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2018, total DPW for all...
Attracting Innovative Talent in the Data-Driven Age December 2, 2019 By Jessica DeMars Data has always played an important role in the insurance industry. From actuarial analysis and risk predictions to pricing, insurance...
How ‘Intelligent’ Insurers Grow and Create Value: ACORD Study December 2, 2019 By Andrew G. Simpson Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then...
Mentoring: How to Leverage the Skills of Your Best Performers December 2, 2019 By Phillip M. Perry You’ve spent good money attracting, hiring and training great employees. The result is a highly productive staff. From understanding complex...
Program Business Continues Record Growth Despite Market Challenges December 2, 2019 By Amy O'Connor Underwriters Search for ‘New’ and ‘High Risk’ Spaces to Target Fueled by investments from insurtechs and interest in niche classes,...
Seller’s Market to Deliver Biggest Commercial Rate Hikes in Years December 2, 2019 North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to insurance...
365 Days: The Flood Insurance Guru Goes Big on Education, Mitigation December 2, 2019 By Stephanie K. Jones If it weren’t for Hurricane Katrina, Chris Greene might not have become an expert in all things flood related. Greene,...
5% Rate Hike Recommended for Texas Windstorm Insurer December 2, 2019 When the board of directors of Texas’ property insurer of last resort for wind and hail along the Texas coast...
California Faces Decade of Unique Wildfire Blackouts December 2, 2019 By Andrew Hay California utility PG&E Corp. has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires...