The Storms Are Coming For The Insurance Industry

insurance industry

The 2022 Atlantic hurricane season is officially underway. As always, there was a flurry of media activity on the launch day of June 01, with everyone sharing their (rather gloomy) predictions for the season ahead. Last week you were reading Allstate Files Patent Application For “Insurance VR Simulator”. This week we’re bringing you: Homeowners Can Record […]

Allstate Files Patent Application For “Insurance VR Simulator”

Virtual reality, or VR for short, may have some limited applications outside of video games and entertainment, but major US insurer Allstate Insurance Company believes there is potential in the technology for use in the insurance industry. Last week you were reading Swiss Re Exec On Whether Industry Is Making Real Progress. This week we’re bringing […]

Swiss Re Exec On Whether Industry Is Making Real Progress

Swiss Re Exec

The insurance industry has always been conservative by nature – slow to change, even when tempted by technology innovation. Last week you were reading Three More property Insurers Asking For Big Rate Hikes At Hearings. This week we’re bringing you: Putting clients’ needs first – what it takes to succeed in broking Trey Renno, area […]

Three More property Insurers Asking For Big Rate Hikes At Hearings

property insurers

The Florida Office of Insurance Regulation held hearings Tuesday on major rate increases from three more property insurers: Florida Farm Bureau, First Floridian, and Kin Interinsurance Network. Last week you were reading Take Insurers’ Q1 Financial Results With A Pinch Of Salt. This week we’re bringing you: Mortgagee interest insurance underwriters seal win in court case […]

Take Insurers’ Q1 Financial Results With A Pinch Of Salt

Financial Results

The global insurance industry’s first quarter (Q1) financial results have been quite the mixed bag. Last week you were reading All Aboard The Insurance Technology Train. This week we’re bringing you: Business Insurance opens nominations for U.S. Insurance Awards Business Insurance on Tuesday opened nominations for the 2022 U.S. Insurance Awards, which will be announced and […]

All Aboard The Insurance Technology Train

insurance technology

Risk managers need to keep track of an organization’s international exposures as a growing number of U.S.-based businesses expand their facilities and operations globally. Last week you were reading Brokers – It’s Time To Get Specialized. This week we’re bringing you: Allstate to Increase Magnitude of Auto Rate Hikes in 2022 Allstate said it is raising […]

Appeal Of Global Insurance Programs Grows

global insurance programs

Risk managers need to keep track of an organization’s international exposures as a growing number of U.S.-based businesses expand their facilities and operations globally. Last week you were reading Brokers – It’s Time To Get Specialized. This week we’re bringing you: Allstate to Increase Magnitude of Auto Rate Hikes in 2022 Allstate said it is raising […]

Brokers – It’s Time To Get Specialized

Brokers

As a business owner, would you rather work with an insurance broker who knows exactly what they’re doing, or an insurance broker who has quite a good idea about what they’re doing but wouldn’t call themselves an expert? Last week you were reading Global Semiconductor Chip Crunch Causing Headaches For Insurers. This week we’re bringing you: […]

Global Semiconductor Chip Crunch Causing Headaches For Insurers

Global Semiconductor

Challenge after challenge is chipping away at the global semiconductor industry. Last week you were reading The Cost-Of-Living Crisis – What Impact Will It Have On Insurance? This week we’re bringing you: Cyber insurance is having its “seatbelt moment” IT WASN’T that long ago that cyberattacks were viewed by many as a distant threat best suited […]

The Cost-Of-Living Crisis – What Impact Will It Have On Insurance?

cost-of-living

There are many factors driving inflation worldwide, including the COVID-19 pandemic, recent shocks to the global supply chain, soaring production costs, and Russia’s invasion of Ukraine, among other things. And as things stand, the global economy isn’t likely to make a quick U-turn in the coming months. Last week you were reading What To Expect […]