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Smart Commercial Insurance: New Data Sources Fuel New Underwriting Era
The underwriting behind most commercial insurance is a marvel of steadfast, gradual iteration. It stretches back to the 14th century, after all. In my experience running a commercial insurance ...
Kentucky Makes a Major InsurTech Overture, Drawing National Interest
On March 26, 2019, Kentucky Governor Matt Bevin signed new legislation that establishes the nation's first comprehensive insurance regulatory "Sandbox," making the Commonwealth of Kentucky a true ...
The Problem With Hiring According to a Particular Type
Let's consider, for a moment, a firm with 30 team members. The team includes equal numbers of men and women. Their ages range from a 21-year-old administrative assistant to the president, who is 62 ...
Little Things Come up Big in a Relationship
On May 6, New York Yankees starting pitcher C.C. Sabathia was struggling to maintain an early innings lead against the Seattle Mariners. Sabathia, who has declared his intention to retire at the end ...
Is the IoT the Future of Workers Comp?
Internet of Things capabilities, already familiar to insurers from personal lines applications like auto telematics, are emerging in the workers compensation space through purpose-built monitoring ...
Commercial Insurance Ratings for Small Business: Challenge or Opportunity?
The growing gig economy, where nearly one-third of workers in the U.S. are now employed by small to medium businesses, is making it difficult for commercial insurance carriers to accurately assess ...
How Daubert Standard Could Impact Florida Industry, Judicial Climate
The Florida Supreme Court has reversed a prior court's decision to use a nearly 100-year-old standard on expert witness testimony and instead adopted stricter federal standards currently used by a ...
Executive View: Why Insurers Need to Partner With Customers, Tech Startups
As smart carriers continue to leverage cognitive and digital computing technologies to better understand, mitigate and absorb customers' property and casualty risks, the insurance industry is primed ...