Does Wholesale Distribution Increase Costs For Insureds?
There is a long-standing assumption among insurance buyers that wholesale distribution is more expensive than retail distribution. Last week you were reading Governor Signs Insurance Bad Faith Statute For Auto Insurers. This week we’re bringing you: How insurtechs are accelerating growth* Kevin Stein learned quickly in early 2021 how much a contest win would jumpstart […]
Governor Signs Insurance Bad Faith Statute For Auto Insurers | No. 1 Guide For All
Governor signed Insurance Bad Faith Statute into law some legislation to allow policyholders to sue their auto insurers for as much as 3xs the applicable coverage amount. Last week you were reading Reinsurance Renewals Vary Significantly By Line. This week we’re bringing you: How to combat the ‘bullwhip effect’* Remember when we were bulk buying […]
Reinsurance Renewals Vary Significantly By Line | 2022 Definitive Guide
Reinsurance renewals rates fluctuated widely at Jan.1 renewals, with catastrophe losses and a constrained retrocessional reinsurance market driving property rates higher while casualty rates rose in a narrower range. Last week you were reading 2022 – The Age Of Online Insurance. This week we’re bringing you: Liability rate hikes ease as competition increases* Unusual loss […]
The Age Of Online Insurance | It just started and you should know it
Customers’ buying behaviors have taken a turn towards technology through the pandemic and now some predictions have been made on what the landscape of the industry will look like in 2022. People moved from traditional insurance to online insurance. Last week you were reading The Social Pressure The Energy Industry Is Facing “Has Never Been […]
The Social Pressure The Energy Industry Is Facing “Has Never Been Greater”
The energy industry in the United States is facing a wide swathe of challenges as it attempts to recover from the impacts of the COVID-19 pandemic. Last week you were reading Price Hikes Expected To Continue In 2022: Alera. This week we’re bringing you: People Moves: Petersen Named Head of WTW Broking; Moore Joins Olive.com Board; […]
Commercial Insurance Prices Hikes Expected To Continue In 2022
Commercial insurance prices premium renewal rates increased in the mid-single digits for most lines in November, said insurance exchange Ivans Insurance Services. Last week you were reading Insurance Premium Renewal Rates Continue To Rise. This week we’re bringing you: Building “a fine-tuned Swiss watch” of a specialty insurance business* “If people want to come to a […]
Insurance Premium Renewal Rates Continue To Rise
Commercial insurance premium renewal rates increased in the mid-single digits for most lines in November, said insurance exchange Ivans Insurance Services. Last week you were reading How Can Insurers Tap Into The Black Friday Consumer Culture? This week we’re bringing you: Heading Into 2022, P/C Insurers Face ‘Massive’ Political Risks, Economic Uncertainty* Property/casualty insurers head into […]
How Can Insurers Tap Into The Black Friday Consumer Culture?
Not too long ago, Black Friday was synonymous with viral internet videos of deranged deal hunters elbowing their way through crowds and wrestling over 55-inch TVs and the latest tech gadgets. Last week you were reading Insurance Rate Hikes Expected To Moderate As Capacity Rises. This week we’re bringing you: The state of the workers’ […]
Insurance Rate Hikes Expected To Moderate As Capacity Rises | 1 Best Guide For All
Commercial insurance buyers in North America should see relief from the hard market next year with a few lines seeing flat renewals or even decreases, according to a report from Willis Towers Watson PLC. Last week you were reading Property, Liability Reinsurance Rates Still Headed Upward. This week we’re bringing you: Insurtech Funding On Track for […]
Liability ,Property Reinsurance Rates Still Headed Upward
Most property reinsurance rates will continue to rise at Jan. 1 renewals as losses and inflation put pressure on property reinsurers and concerns over rising court awards make liability rate hikes likely, too. Last week you were reading Reinsurers Look Ahead To Uncertain Future. This week we’re bringing you: What’s happening with US P&C insurers?* Private […]