Builders & Tradesmen’s Insurance Services Inc. promoted Jessica Keefe to senior vice president and head of operations. Keefe has more than 20 years of experience in compliance, operations optimization and strategic business growth. Keefe joined BTIS in 2010. BTIS is …
This post is part of a series sponsored by Expert Insured. MGA and wholesale insurance operations are notoriously complex—dozens of moving pieces spread across disconnected tools, email inboxes, and outdated software. From intake and underwriting to document handling and broker …
Policy discussions on the use of artificial intelligence in insurance are ‘unfounded’ and ‘detrimental to policyholders,’ according to an analysis from the National Association of Mutual Insurance Companies (NAMIC). The use of AI in insurance underwriting and rate making has …
Service Contractor Surety Bond Market Detail: RevBond writes an extensive line of surety products on A.M. Best Rated A- (Excellent) paper and is licensed in all 50 states. RevBond can support service contract needs by focusing on the small to …
The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property Casualty Insurance Association (APCIA). The global …
Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s climate of increasingly longer claim cycle times and higher costs for …
In the world of mergers and acquisitions (M&A), key person life insurance is often a given; most deals account for it to protect against the unexpected loss of a key executive. But what about the “what ifs”? What if the …
National WSIA members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO and chairman of RSUI. He joined the WSIA Board in 2021 and the executive committee in 2024. Others elected for one-year terms as officers …
The National Transportation Safety Board (NTSB) is harshly criticizing Maryland officials for failing to conduct a risk assessment of the Francis Scott Key Bridge before it collapsed a year ago and is recommending that 30 owners of 68 bridges across …
Reinsurance renewal rates continued dropping during January renewals, but U.S. property/catastrophe reinsurance pricing is likely to stabilize during the coming midyear renewals, according to a report from Moody’s Ratings. “The upcoming midyear 2025 reinsurance renewals, which focus on the U.S., …
