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3 Reasons Leaders Can’t Keep an Open Mind
Many individuals in corporate leadership positions have created the illusion for themselves that their ideas alone are the best and their word on every subject within their sphere of influence is ...
Dollars and Sense: Risk-Based Pricing Helps Insurers Find Opportunities
Today, many insurers believe there is no bad risk—it just needs to be priced properly. As the market trends toward more analytic- and data-driven decisions, insurers are continually exploring ways ...
More States Eye Use of Drug Formularies in Workers Comp
While workers compensation pharmacy benefit managers have been utilizing drug formularies to control prescription drug costs and monitor medical treatments for a long time, states are now catching ...
Strategy Is a Missing Piece of Many Carrier Succession Plans: Survey
Nearly 60 percent of property/casualty insurers do not have written CEO succession plans in place, Carrier Management and The Jacobson Group found in a recent survey of CEOs, board members and ...
Written CEO Succession Plans Lacking Among P/C Insurers: Research
More than half of property/casualty insurers do not have written CEO succession plans in place, and for nearly three-quarters, there is no board committee to identify desired skills for the next top ...
Making Renters Insurance Something Millennials Can Tweet About
One of the hottest markets in insurance right now is renters insurance. While only 31 percent of renters currently have insurance, the industry is expecting big changes to happen shortly. According ...
Becoming Cyber Resilient: A Seven-Step Guide for Insurers
To effectively address cybersecurity issues and the myriad regulatory requirements taking shape, insurers should consider taking several steps. The seven steps set forth below are designed to move ...
Regulatory and Market Imperatives Place Cybersecurity High on Carrier Agendas
Insurance carriers, with their large repositories of high-value personally identifiable information (PII), are increasingly threatened by cyber attacks from bad actors globally. Such attacks could ...