The year 2015 was a year during which the property/casualty insurance industry got a glimpse at its future in the form of disruptive forces, new competitors, new leaders and emerging risks. Also, some of the news revived long-running stories. It …
The Federal Aviation Administration (FAA) has unveiled its registration process for owners of small unmanned aircraft (UAS), or small drones used for hobby or recreation. The registration requirement applies to UAS weighing more than 0.55 pounds and less than 55 …
American International Group Inc. today unveiled a new executive leadership team reporting to CEO Peter Hancock, which Hancock says will ensure “strong end-to-end accountability within the customer segments” and transform AIG into a “more efficient, less complex organization with accelerated …
The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty insurance company named Lemonade, which they promise will reinvent …
Fewer patients are dying from conditions acquired while staying in the nation’s hospitals, according to a new federal report. Statistics from the Department of Health and Human Services (HHS) show that an estimated 87,000 fewer patients died in hospitals and …
Troy drones can be dangerous and costly to the aerospace industry and consumers, according to a new report from a Texas aerospace and defense firm. The study by Aero Kinetics, a Texas-based aerospace and defense company, examined what might happen …
Many states across the country are unprepared to face the risks posed extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report card. Only a small number of states – Alaska, California, …
Could it be that the property/casualty insurance industry has company in not feeling the love of millennials? Yes, it could. The Hartford has released new research that shows key industries driving the U.S. economy, including retail, construction and manufacturing, are …
What do today’s customers want from insurance providers? They want understanding, interaction, even a relationship. But they vary in when and how they wish to learn, interact and build a relationship. Insurance providers have to understand not only when but …
There are not many insurance executives who will quote inventor Thomas Edison, Microsoft’s Steve Baumer, futurist Alvin Toffler, Moore’s Law and philosophers Aristotle and Plato. There are also not many people in the insurance business who can flash business cards …
