Industry News
U.S. Consumers Value Data Privacy Over Savings in Home and Auto Insurance: Policygenius
Despite inflation and rising costs, most Americans would rather pay more for insurance coverage than use data-monitoring devices, according to an annual survey from Policygenius. The survey found ...
Taking Action: How Insurers Can Lead by Example With ESG
As environmental, social and governance issues are increasingly becoming a bigger topic of discussion in the insurance industry, Thomas Troy, president and CEO of CSAA Insurance Group—a provider of ...
Will Ian Consume Florida Cat Fund, Forcing More Back-Breaking Reinsurance?
While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm ...
How Methane Leaks Accelerate Global Warming
Methane leaks have emerged as a top threat to the global climate, with the latest incident involving two Russian gas pipelines under the Baltic Sea that are at the heart of an energy crisis since ...
Viewpoint: Hurricane Ian, Anti-Concurrent Loss Language and Ambiguities
On Sept. 28, 2022, the nearly Category 5 Hurricane Ian made landfall in southwest Florida with maximum sustained winds clocked at approximately 150 MPH. Reports out of Lee County, Fla., have been ...
U.S. Homeowners Line ‘Stable,’ but Weather Events Present Uncertainty: AM Best
A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall ...
Tool to Measure Workplace Mental Health Backed by 40 Corporate Partners (Including AXA, Aon)
A coalition of corporate, academic and nonprofit partners including Bank of America Corp. and insurer AXA SA has developed a tool that employers can use to measure and improve the mental health of ...
Erie and Auto-Owners Earn Top Spots in J.D. Power Independent Agent Satisfaction Study
Independent agents have never been more satisfied with their carrier partners, and overall satisfaction for both personal and commercial lines has once again reached an all-time high, according to ...