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| | | Peer Reports Trends & Insights | | Covering investment trends insurance companies are facing, we look at the importance of knowing where insurers' portfolios stand relative to their peers. | | | | New England Asset Management | | | | | |
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Today's Headlines
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March 18, 2024 |
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Some are standing in the station. Others are already on board. Property/casualty insurance carriers are mapping out itineraries as the AI train speeds across this industry and the ones they insure. A year after ChatGPT exploded onto the scene garnering 1 million users in just five days, and a month after the NAIC's adoption of... read more
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Do motorist-assistance systems like GM's OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south Florida man says indeed, they do, and has filed a proposed class-action lawsuit against General Motors and LexisNexis Risk Solutions, claiming his premiums shot up after "erroneous" information was illegally supplied to insurance carriers. Romeo... read more
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In the dynamic insurance landscape, top-performing agents are the key to success. And nurturing those vital relationships demands a strategic touch. The key? Simplifying every interaction. As an insurance carrier who distributes coverage through the independent agent channel, you know that attracting, motivating, and retaining ... read more |
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California's property insurer of last resort told lawmakers that it's financially unprepared to cover the costs of a major catastrophe in the state. The plan now faces $311 billion in potential losses, up from $50 billion six years ago, California FAIR Plan president Victoria Roach said in a state legislative hearing Wednesday. "We don't have... read more
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In a recent safety alert blog, Texas Mutual reported nearly 6 percent more severe workplace injuries in 2023 compared to the previous year. The construction industry topped the list, according to the workers compensation insurer, with more than triple the number of reported claims of any other industry. The six industries shown in the accompanying... read more
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UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people's personal data from last month's hack of Change Healthcare, its payment processing unit, with more lawsuits likely to come. In a motion filed late on Tuesday in Washington, D.C., plaintiffs' lawyers asked a... read more
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Gov. Maura Healey is appealing a decision of the Federal Emergency Management Agency to deny the state's request for a major disaster declaration to support Massachusetts cities and towns battered by severe weather and flooding in September. Healey said the state has appreciated FEMA's partnership but is concerned that the federal agency's assessment of her... read more
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The nation's chief accident investigator said Wednesday that her agency still doesn't know who worked on the panel that blew off a jetliner in January and that Boeing's CEO told her that he couldn't provide the information because the company has no records about the job. "The absence of those records will complicate the NTSB's... read more
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The living area data that carriers rely on to determine replacement cost ...
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This white paper offers a deep dive into the just-in-time (JIT) appointment ...
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Between the Lines is a new video series where we take a quarterly look at ...
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As artificial intelligence sweeps through the insurance industry, it brings ...
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