Louisiana Lawmakers Pass Auto Insurance Reform Bills June 17, 2024 By Ezra Amacher Louisiana lawmakers passed a series of auto insurance reform bills that aim to bring availability and competition to the market...
Nationwide’s Chetan Kandhari Said the Company Is Working to Build a Bionic Workforce. June 17, 2024 By Elizabeth Blosfield Nationwide’s Chetan Kandhari said the company is working to build a bionic workforce. Maybe that brings to mind robots, futuristic...
Wisconsin Average Indemnity Benefit Grew 10% in 2022: Study June 17, 2024 Wisconsin’s average indemnity benefit per claim grew nearly 10% in 2022, fueled by large growth in the average duration of...
American National Exiting Homeowners Insurance Market June 17, 2024 By Chad Hemenway and Don Jergler Following its announcement several months ago to leave the homeowners insurance business in nine states including California and Louisiana, American...
Bayer Plans Renewed Push for Legal Shield Against Cancer-Related Lawsuits June 17, 2024 By David A. Lieb After failing in several U.S. states this year, global chemical manufacturer Bayer said Tuesday that it plans to amplify efforts...
Insurance M&A – a 2024 Outlook June 17, 2024 By Alicia Chandler Experts are calling it: 2024 looks like a good year for merger and acquisition (M&A) activity for the insurance industry....
Insurance Research Council: Home Insurance Spend Tops Household Income Growth June 3, 2024 By Chad Hemenway According to the Insurance Research Council (IRC), the average homeowners insurance expenditure has become less affordable for U.S. consumers over...
Exploring AI: Fascination with AI, Not Fear Will Drive Success for Independent Agents June 3, 2024 By Tony Caldwell I remember watching Michael Crighton’s “Westworld” in 1973. Two vivid impressions from that experience remain. The first was my date...
How to Embrace Compensation Transparency June 3, 2024 By Julie Bingham The quest for transparency in compensation has become a paramount concern for both employers and employees alike. About one-fifth of...
Social Inflation Key Factor in Rise of Loss Severity: AM Best June 3, 2024 Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other...