Features
Inflation boosts reconstruction costs amid ongoing demand
Reconstruction prices are continuing to rise heading into April 2022. Overall inflation—up 8.5 percent in March year-over-year[1]—and rising fuel prices are driving prices higher as the cost of ...Operational Challenges of Paid Family and Medical Leave Laws – Past, Present and Future
It doesn't seem that long ago that our biggest challenge as administrators or employers was compliance with the federal Family and Medical Leave Act of 1993 (FMLA).[1] Prior to FMLA, there were no ...
How Carriers Are Reimagining Claims Management
With advances in technology comes a skyrocketing quantity of data, and frontline claims operators are struggling to keep up. For insurance executives, the problems that ricochet from this data ...
Dos and Don’ts for Insuring Growing Transportation and Logistics Businesses
The demand for delivery services has never been higher than it is today. And neither has the demand for insurance in the delivery industry. Delivery companies contracting with independent contractors ...
Lloyds’ CFO Keese Sees Inflation as Biggest Challenge for Insurers in 2022
The insurance industry has faced myriad disrupters during the past several years, ranging from the ongoing effects of a global pandemic to climate risks to technological advancements. However, the ...
Why One Carrier Decided to Stick With Fully Remote Working
Topa Insurance Company (TIC), like most insurance businesses, shifted to a remote workforce out of necessity in 2020. TIC continued to be successful in the new work environment and quickly decided to ...5 Ways to Get More Value from Auto Insurance Underwriting Data
Insurers' quest for "big data" helps them segment and price risk more precisely, but competitive pressures and ever-expanding digital information sources call for a simultaneous pursuit of ...Opportunities Abound for L&AH Insurers Amid Great Resignation
"New normal" was the phrase heard around the workplace throughout much of the first year of the pandemic. It's become the colloquial term used to describe the lifestyle changes society undertook that ...