Editors’ Pick News

Startup Trov, Munich Re to Insure Riders of Waymo’s Self-Driving Car Service

Trov, an on-demand insurance startup, plans to provide trip insurance for passengers using Waymo’s soon-to-be launched self-driving, ride-hailing service. Waymo, formerly Google’s self-driving car project, plans to launch the commercial ride-hailing service for members of the public starting in Phoenix …

Fighting Low Level Fraud is Fighting Big Time Fraud

I saw an article today in Insurance Journal that was interesting to me as an insurance professional in the great state of Florida. The article discussed a case on insurance fraud in Florida related to Hurricane Irma. Florida Disaster Fraud …

Florida’s Citizens Expects Policy Count Increase in 2018, Plans Claims System Upgrade

Citizens Property Insurance Corp., the Florida state-run insurer of last resort, is anticipating its policyholder count will increase in 2018 for the first time since its efforts to shed policies through depopulation began several years ago. As it moves on …

Name Change at Missouri’s Powers Insurance Reflects Risk Management Focus

What’s in a name? When St. Louis-based Powers Insurance and Benefits changed its name in August to Powers Insurance & Risk Management, it was a strategic move that had been in the works for several years, intended to reflect a …

Language Lessons for Property/Casualty Insurers

InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use is creating a gulf between insurers and customers who struggle with …

6 Industry Trends to Exploit for 2018

To prepare for the future, business owners need to observe what trends are occurring and then evaluate how those trends could impact their business. It is a guessing game, but an educated guess is usually proven to be better than …

What Story Will You Tell Over the Holidays?

The calendar has flipped to December and, for many, the dates are filling up with holiday parties, festive children’s school events, and gatherings with colleagues, family, and friends. What will your holiday chit chat include? I hope your holiday banter …

Updated: OSHA Rule Requiring Electronic Reporting of Injuries Goes Into Effect

A federal rule requiring certain employers to electronically submit injury and illness reports goes into effect today. The rule applies to businesses in many states with 250 or more employees that are currently required to keep OSHA injury and illness …

American Family Insurance Acquires Data Analytics Firm; Also Home Tech Firm

American Family Insurance said it intends to accelerate its use of data, advanced analytics and artificial intelligence (AI) with its purchase of Chicago-based data and analytics software company Networked Insights. American Family is a Networked Insights client and has been …

Startups Selected for Inaugural InsurTech Acceleration Program in Hartford

Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural acceleration program, The InsurTech Accelerator. Hartford InsurTech …