September 20, 2021
National The Hartford appointed Claire Burns as chief marketing and communications officer, effective September 1. Burns will report directly to Chairman and CEO Christopher Swift. She succeeds Kathleen Bromage, who is currently chief marketing and communications officer and head of …
September 20, 2021
As an insurance journalist and a parent with a 16-year-old son, soon to be on the roads, I know all too well the dangers that lie ahead when it comes to driving behavior. So much so I’m often advocating that …
September 20, 2021
Usage-based personal auto insurance may be drawing ever-increasing attention. Its wider adoption is stymied, however, by customer age and demographics, privacy concerns, misunderstanding about the technology, and even contentment with existing coverage. That’s according to a survey from Standard & …
September 20, 2021
After finishing a strategic planning meeting with a client, he emailed me a Meme, “Just Do What is Right.” The entire strategic plan was summed up with that one sentence. We agreed at the meeting that the strategy would be …
September 20, 2021
U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery. According to a Standard & Poor’s Global Ratings report, the sector got a break in 2020 because …
September 20, 2021
In construction, many variables are adding to an already difficult forecasting process. Predicting the Federal Reserve’s monetary policy, government and private spending, interest rates, unemployment benefits, inflation, global supply issues, availability of skilled labor, and the impact of virus variants …
September 20, 2021
National Guidewire, HazardHub Insurance technology firm Guidewire Software has acquired HazardHub, an insurtech provider of property risk data to the property/casualty insurance industry for underwriting, marketing and claims. HazardHub’s data is delivered in a national catalog of risks that may …
September 20, 2021
Nearly 400,000 employees are expected to retire from the insurance industry workforce within the next few years, according to a recent report by AmTrust Financial, The Impact of the Aging Insurance Workforce. Senior leadership vacancies are the biggest challenge facing …
September 20, 2021
Modeling firm AIR Worldwide updated its insured loss estimates for Hurricane Ida and now projects that Ida’s insured industry losses will range from $20 billion to $30 billion. The estimate includes inland flood impacts across the entirety of Ida’s track, …
September 20, 2021
Agency partnerships and networks continue to grow in strength and numbers as independent agencies, large and small, look to these groups for greater market access, valuable services and the sharing of ideas that can take their agencies to the next …