Using AI to Provide a More Human Claims Experience October 7, 2024 By Marc Rothchild The robots are coming — and in some cases, they’re here. Advancements in generative artificial intelligence are enhancing claims processes...
At Mackoul Risk Solutions, ‘Employees Come First’ October 7, 2024 By Allen Laman Instead of becoming a major league umpire, Ed Mackoul chose to help his father build an insurance empire. Ed wasn’t...
How Insurance Industry Can Use AI Safely and Ethically October 7, 2024 By Doug Marquis Several types of artificial intelligence are already being adopted by various parts of the insurance industry and they have the...
Employee-Owned CoVerica Goes the Extra Mile October 7, 2024 By Ezra Amacher Earlier this year CoVerica Insurance rolled out an employee-owned stock program, giving the agency’s staff an opportunity to become part-owners...
It’s All in the Family at Higginbotham October 7, 2024 By Chad Hemenway There’s a certain “something” about Rusty Reid that makes it clear why folks might like to work for him as...
As Traffic Deaths Remain High, US Awards $1 Billion for Road Safety Projects October 7, 2024 By David Shepardson The U.S. Transportation Department said it is awarding $1 billion for a series of projects aimed at reducing traffic crashes,...
NCCI Unveils New, More Precise Workers’ Comp Medical Price Index October 7, 2024 By William Rabb In recent years, workers’ compensation insurers have struggled to accurately gauge the precise trends in medical costs, and have had...
Commercial Property Rate Stabilization Highlights Latest WTW CLIPS October 7, 2024 Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter of 2024....
Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low October 7, 2024 By Allen Laman The first half of 2024 set a 15-year low for insurance carrier mergers and acquisitions, according to Clyde & Co’s...
Owner Compensation Performance Based – Part One October 7, 2024 By Catherine Oak The amount of money an owner makes is directly proportional to the perceived importance, or success, to the person taking...