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Who’s to Blame for the Opioid Crisis: The Role of Workers Comp Insurance
There are multiple parties responsible for the opioid crisis, and even workers compensation insurers may have played a role in the epidemic, experts speaking at an industry conference said late last ...
Next Insurance: How We’re Overcoming the Roadblocks of Commercial Auto
When Next Insurance launched its commercial auto insurance coverage in September 2018, one frequently asked question—whether Next had such an offering—gave way to another: Why was Next Insurance ...
3 Things Insurance Carriers Need to Know Before Entering Colorado
Colorado isn't like other states. At 2.7 percent, its unemployment rate is lower than the national average. It's the seventh-fastest-growing state in the U.S., adding some 80,000 residents in 2018. ...
Berkshire Hathaway Direct: ‘Challenging the Normal’ With Three Pages
For most property/casualty actuaries, routine parts of the job involve finding comfort with insurance pricing levels and claims trends, grounded in a thorough understanding of the parameters of ...
What Facebook’s Data Deals Can Teach Carriers
While the fact Facebook sold data without its users' knowledge or consent is old news, new reports that federal prosecutors are conducting a criminal investigation into data deals the social media ...
Big Benefits and Quick Wins: Sharing the Value of Claims Analytics
Big data and analytics are combining to profoundly alter one of the most manual processes in the insurance industry: claims management. Simple algorithms can ferret out evidence of claims leakage, ...
What Boeing Can Teach Us About Supply Chain Disruptions
As weather-related events pile up with the same alarming frequency as auto collisions on New York's Belt Parkway and Long Island Expressway, I find myself counting supply chain disruptions when I ...
AXA XL’s McGavick Looks Ahead to ‘The Golden Age of Insurance’
Mike McGavick's turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. "First, cost has got to come down. It's absurd that approximately 60 ...