What I Care About Archives - Carrier Management

Executive Viewpoint: Key Strategies to Attract NextGen Talent to the Insurance Industry

Two of the most critical talent issues facing insurance companies are recruitment and retention. Retention is essential for controlling costs, sustaining company culture ...

I Registered the Term Nuclear Verdicts®. Here’s Why.

In October 2019, a Philadelphia jury delivered an $8 billion verdict against Johnson & Johnson for its improper marketing of the antipsychotic drug Risperdal as a treatment for ...

Executive Viewpoint: Five ESG Trends for the Insurance Industry in 2022

During the past year, "ESG" (or Environmental, Social, Governance) became a more familiar acronym in boardrooms, customer conversations and even in day-to-day internal discussions. This is rightfully ...

Executive Viewpoint: Climate Protection Requires Tech Innovation

The warning could not be more urgent. According to a recent assessment by the Intergovernmental Panel on Climate Change (IPCC), our world now risks missing the target for limiting global warming to ...

Time to Team Up for Climate Resiliency

Climate change is a critical conversation for the financial services sector, and in particular, the insurance industry. The science tells us the future holds more intense weather patterns and ...

COVID Fallout: Insurers Must Address Evolving Small Business Risks

During the past 18 months, the COVID-19 pandemic has wreaked havoc on thousands of U.S. small businesses and created unprecedented challenges for them as well as for their insurers. Amid numerous ...

Closing the Gap Between the Promise and Reality of Catastrophe Modeling

Beginning with the completion of my academic studies in earthquake engineering and continuing throughout my 25-year career in property/casualty insurance, I have been driven by the need and the ...

Lemonade CEO: Why Regulators Need to Engineer Equity in Insurance Prices

It takes a one-two punch to make insurance fair. I've previously argued that AI can vanquish bias in insurance, and so it can. But while machine learning can help ensure equality, it cannot ensure ...

What We’re Doing to Attract Talent to the Industry: AM Best Rating Services CEO

Ten years ago, I started asking myself a question: What have you done to attract talent to the insurance industry? It was around that time we began hearing about the impending "talent gap," the ...

Why Auto Insurance Companies Should Drop Credit Score

COVID-19 has exacerbated socioeconomic inequality and exposed vast racial and economic disparities in America. Millions have lost their jobs, and research shows that historically under-resourced ...