The flurry of wildfires in California has led to legislation designed to handle underinsurance issues. The law requires that companies offering residential property insurance give a replacement cost estimate every...

The European Union has recently enacted sweeping guidelines covering data privacy and protection, regulations that are likely to make underwriting more difficult for insurance carriers doing business in Europe. Data...

Many insurance companies recognize the challenges that self-driving cars pose to the insurance industry, but most have made only tentative efforts to address the many issues this new technology raises...

The outlook for mid- to large-sized insurance agencies looks encouraging and is expected to continue in 2018. Effect of Tax Cuts Some of the growth is attributable to the Tax...

Right now the insurance industry is overcapitalized, and the main reason for this is the many alternative players that have entered the market, driving up the supply of insurers. Oversupply...

Blockchain is getting a lot of attention these days. It is a revolutionary technology that, unfortunately, has been associated with some slightly sketchy applications, such as cryptocurrencies. But blockchain is...

Like any profession, insurance has many different trade and professional organizations, many representing a facet of the business. Here is a listing of a few of these organizations and their...

Compared to other industries, insurance has been slow to adopt digital technologies in the workplace. It is still more of a paper-based operation. But digitization can increase the efficiency of...

As you may surmise from the name, the main job of an insurance sales executive is selling. Here is an overview of some of the other key responsibilities: Build Relationships...

As information technology becomes more pervasive, insurance companies are using this smart technology to help detect fraud. By using such things as security camera footage, social media sites, location applications,...