Trends in Casualty Insurance
May 14, 2015
Where will the casualty insurance industry go in 2015? According to a recent report, here are some of the likely places. Competition stiffens as demand…
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5 Technology Trends Rocking the Insurance Industry
- April 16, 2015
Technology is advancing rapidly, changing the way insurance companies do business and having a big impact on how insurance companies operate. Those insurance firms that…
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The Impact of Big Data on the Insurance Industry
- March 19, 2015
Data is the lifeblood of the insurance industry. Insurers use it to assess risk for what they are covering and to adjust premiums so that…
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Will the Property/Casualty Insurance Market Soon Be Consolidated?
- March 5, 2015
Property/casualty insurers are undergoing a wave of consolidations, a trend which is likely to continue, according to insurance officials. There are several reasons for the…
Read MoreDisaster Relief: How Mitigation Can Help
- February 12, 2015
Over the last 20 years, the number and severity of natural disasters has risen considerably in the United States. The U.S. government has paid almost…
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Agents and Brokers Have Challenges with SHOP
- February 5, 2015
Agents, brokers, and benefits advisors are having difficulties getting small businesses enrolled in the Small Business Health Options Program (SHOP). SHOP is a key element…
Read MoreInsurers See Rise in Severity of Lawyers’ Malpractice Claims
- January 15, 2015
The number of claims for legal malpractice is beginning to subside, according to the insurance industry. But the financial amount of the claims has increased….
Read MoreBrokers Say Reinsurance Prices Under Pressure at Mid-Year Renewals
- December 23, 2014
Because of a slack demand, prices for reinsurance dropped as much as one-fourth in some markets as of midyear, according to news reports. In Florida,…
Read MoreDisaster Mitigation: How Incentives Can Help
- November 13, 2014
Superstorm Sandy in October 2012 was, to put it exceedingly mildly, a humdinger of a storm, racking up millions and millions of dollars in insurance…
Read MoreThe Strange Case of the Use and Abuse of Insurance Ratings
- October 16, 2014
Are ratings used by the insurance industry accurate? Probably not. At least that’s what an opinion piece published in July in InsuranceJournal.com contends. Insurance agencies…
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