Emerging markets will remain the growth engine of the global economy and insurance industry during the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss Re Institute’s latest sigma report. Summarizing macroeconomic trends, …
National Aon, Willis Towers Watson Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a merger. The company reported it was in the early …
Today’s Insurance Consumer Advocates Are Tackling Some New and Old Issues Years ago, insurance consumer advocates in the states were most often focused on getting consumers access to insurance at fair prices. They still advocate on those issues, of course, …
Hang that laminated list on the wall in your office at your job, and your next job, and your next job… I once worked in an agency where there was a broker who pre-stamped on every single Acord application “No …
With much of the property/casualty insurance industry’s attention focused on external threats from insurtechs and digital native companies, perhaps the greatest disruption is coming from within. Following the past decade of impressive growth driven by direct-to-consumer providers, Progressive heads into …
California, a bellwether state in many ways, rang in 2019 with a regulation banning the use of gender in auto insurance underwriting and rating. Prior to this regulation, insurers used gender in California for more than 30 years because it …
More than 90 percent of U.S. coal-fired power plants that are required to monitor groundwater near their coal ash dumps show unsafe levels of toxic metals, posing potential harm to drinking water, according to a study released by environmental groups. …
Workers’ compensation brokers frequently overlook a risk-free method to nearly double their commissions while improving their client’s overall financial position. The use of a captive insurance company to finance a large deductible program is one of the most underutilized tools …
Pedestrian Fatalities Continue to Rise A new report projects that 6,227 pedestrian fatalities occurred in 2018, the highest number in nearly three decades. Pedestrians will account for 16 percent of all traffic deaths in 2018, compared to 12 percent in …
After years of writing about the insurance industry, there’s one piece of advice I’ve learned from agents and brokers: Read the entire insurance policy. Donelan Andrews of Georgia did just that and it paid off. Andrews, who has been a …
