Features

Pandemic Economic Uncertainty Could See Insurers Buying, Partnering with Insurtechs

Insurance carriers could increasingly target insurtechs for acquisition and partnerships in the coming months due to pandemic-related economic uncertainty, according to a report. “As insurers move toward late 2020 and into 2021, we believe there may be an increase in …

Caring at Liberty Company Insurance Brokers

The Liberty Company Insurance Brokers Inc. in Woodland Hills, Calif., offered the perfect Hollywood ending for Bill Johnson. Johnson started the brokerage fresh out of college in 1987, then later took a break to get into the film industry with …

Insurtech Investments Continue at Rapid Pace

Despite the COVID-19 outbreak and the pandemic’s economic fallout, total investments into the insurtech sector through the first six months of 2020 appear to be on pace to become, at least, the second highest year of investments on record. After …

How Many Screwdrivers Do You Need?

If you do not do much home or auto maintenance or build furniture, or in general, you just don’t do much with hand tools for any reason, then you probably only need two screwdrivers — a Phillips #2 and a …

Year of Challenges Brings Growth, Innovation and Change

Despite a year of challenges, uncertainty and a halting global economic recovery, the insurance industry remains strong and stable. Though below pre-COVID forecasts, major indicators point to positive rates of growth and a positive return on equity for 2020, which …

Celebrating 50 Years at the Helm of Insurance Journal

Entrepreneur, innovator, oenophile, insurance industry icon, all around great guy. That’s Mark Wells, the force behind Insurance Journal and Wells Media Group, who this year is celebrating his 50th anniversary in insurance industry publishing. There have been plenty of challenges …

Florida Homeowners Insurtech TypTap Goes National; Plans Roll-Out in 20 States

After launching in Florida as a flood insurer in 2016 and expanding into the homeowners market in 2018, TypTap Insurance Co. has officially started the process of becoming a nationwide company. The technology-driven insurer and subsidiary of HCI Group launched …

10 Things to Know About Habitational Properties

After years of losses in the multifamily habitational market, insurers have become far more cautious for both property and casualty coverages, cutting back capacity or even leaving the market altogether. Rates and deductibles have been rising as carriers more closely …

3 Indicators Your 2021 Talent Strategy Will Be Successful

How do you measure recruiting success? If it is exclusively based on filling job openings, then you are doing a disservice to the process. Hiring is transactional. Talent strategy is a comprehensive plan that influences organizational leadership, retention, profitability and …

South Carolina Looks to Boost Private Flood Market Through New Law

The state of South Carolina is aiming to foster new flood insurance coverage options through the enactment of the South Carolina Private Flood Insurance Act. South Carolina Gov. Henry McMaster signed the legislation, passed Sept. 23 by state lawmakers, into …

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