Features
Permitted After-Tax Returns for California Insurers (2012-2021)
Since reinsurance costs are ultimately a substitute for direct costs of capital, we can better understand the ratemaking process in California by understanding how companies are allowed to ...
Rebuilding the California Property Market: Reinsurance Costs and Recent Reforms
In November of last year, Allstate paused writing new homeowners policies in California. State Farm, the state's largest homeowners writer, stopped accepting new applications for insurance back in ...Role-Reversals: How can Group & Voluntary Benefits Insurers Prepare for Today’s “Improv” Employee Benefits Markets?
For parts of three decades, one of TV's most popular shows has been "Whose Line is it Anyway?", the spinoff of a UK improv show that used a rotating cast of actors, plus a musician and a slew of ...Insurance industry top target for data breaches: how to reduce your risk
The global average cost of a data breach in 2023 is $4.45 million: a 15% increase over three years, according to a recent IBM report. Additionally, the finance and insurance sector ranked as the most ...
Listening: A Career and Leadership Strategy
How many times have you found yourself in the midst of a thoughtful conversation only to be rudely interrupted? It's not only annoying but often seen as disrespectful and selfish. Chances are, your ...
Some Buyers Wait Months for Cyber Policies With Coverage Gaps
According to privileged access management Delinea's report, Closing the Cyber Insurance Gap - 2023 State of Cyber Insurance, a significant gap is emerging between insurance carriers and organizations ...
Emerging Risks: Does Generative AI Impact Businesses’ Liability Exposure?
Generative Artificial Intelligence (GAI) is machine learning technology capable of creating new content in response to simple text prompts. The convenience and apparent scope of this AI-generated ...Mild reconstruction cost rise signals stabilizing market
Verisk recently released its latest 360Value® Quarterly Reconstruction Cost Analysis. Total reconstruction costs, including materials and retail labor, increased 5.1% from October 2022 to October ...