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AI Leaders Urge Labs to Halt Training Models More Powerful Than ChatGPT-4
GEICO Faces Class Action for Allegedly Underpaying Auto Claims
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The Latest Launches From Insurity, Coalition, Draftrs
Reinsurance Tech Firm Tremor Launches Cat Bond Issuance Platform

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Chocolate Factory Blast Highlights Combustion Risks
D&O Story for 2022: Prices Down; Loss Ratios Up; Top Carriers Ranked
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U.S. P/C Industry Underwriting Loss $20B+ Higher in 2022; Reserve Releases Fall
Root Discloses SVB Exposure; Lemonade Unaffected
State Farm P/C Businesses Report $13B Underwriting Loss
The Math of Homeowners Deductibles
Telematics Master Class: How Progressive Offers Competitive Prices
SVB Collapse Explained: What Caused Silicon Valley Bank’s Failure?

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How to Win Reinsurance Negotiations in a ‘Show Don’t Tell’ Hard Market
Fact vs. Fiction: ChatGPT, Large Language Models and the Power of AI
Which Came First, the Cyber Chicken or the Cyber Egg?
Setting Up a Safety Nest: When Cheap Insurance Still Excludes Millions

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Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030

Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale - could exceed $70 billion in premium by 2030, according a new report by Conning. ...

Liberty Mutual: Ironshore to Become Wholesale-Exclusive Brand

Liberty Mutual said it has repositioned its distribution strategy for specialty and excess & surplus products, making Ironshore a wholesale-exclusive brand. Going forward, all U.S. commercial, ...

Independent Agents Place Majority of U.S. P/C Insurance: Big I

The independent agency channel places 62 percent of all property/casualty insurance written in the U.S., according to the Big "I" 2022 Market Share Report. The annual Market Share Report compiles and ...

Small Businesses Still Use Agents, But Online Insurance Buyers More Satisfied

Two-thirds of small businesses use insurance agents to buy insurance for their enterprises, but those buying insurance online report higher satisfaction with the buying process, according to a new ...

Memo to Brokers: Stick With Loyal Insurers/MGAs; Price Isn’t the Only Differentiator

Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an ...

3 Myths About Online Customer Acquisition Held by Independent Agency Carriers

Even as consumers continue to navigate toward online shopping channels, many independent agent carriers have hesitated to invest heavily in online customer acquisition. While digital performance ...

‘Essential’ MGAs, Other DUAEs Face Inflation, Staffing Pressures: AM Best

Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports that premiums generated by DUAEs are climbing, and interest in MGA ...

Why Direct Carriers Do Better During Inflationary Periods

We've entered an inflationary environment, and a significant one at that. The Consumer Price Index (CPI), which has been slowly inching upward since May 2020, increased 0.9 percent from September to ...

AM Best Answers Questions as DUAE; MGA Assessments Go Live

It is not a credit rating. It will not impact an insurer's financial strength rating. Those were two of the answers that AM Best analysts delivered yesterday in various presentations about the rating ...

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News

  • The Latest Launches From Insurity, Coalition, Draftrs

  • Reinsurance Tech Firm Tremor Launches Cat Bond Issuance Platform

  • Lloyd’s Lab Selects 13 InsurTechs for Its Next Innovation Accelerator

  • Swiss Re Faces $6.3M Claim Over Sex Discrimination, Unfair Dismissal

  • PG&E Pledges $18 Billion to Cut Wildfire Risk in California

  • Chocolate Factory Blast Highlights Combustion Risks

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Contributors

Tal SharonWomen in Insurance: Breaking Barriers, Creating Equal OpportunitiesJohn CottongimFact vs. Fiction: ChatGPT, Large Language Models and the Power of AIInaki BerenguerThe Waves of Innovation in InsurTech: Reflections From a First Wave Startup Co-FounderWilliam RossHow to Win Reinsurance Negotiations in a ‘Show Don’t Tell’ Hard MarketJustin MilamLoss Reserving and Pricing in a Time of InflationTimothy PrattLoss Reserving and Pricing in a Time of Inflation See Our Contributors

Features

  • How to Win Reinsurance Negotiations in a ‘Show Don’t Tell’ Hard Market

  • Fact vs. Fiction: ChatGPT, Large Language Models and the Power of AI

  • Women in Insurance: Breaking Barriers, Creating Equal Opportunities

  • Which Came First, the Cyber Chicken or the Cyber Egg?

  • Setting Up a Safety Nest: When Cheap Insurance Still Excludes Millions

  • Rounding a Corner With Insurance Talent

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