External Perspective
New Insurance Accounting Standards Are Coming: It’s Time to Get Ready
If you are like most insurance executives you are probably aware that changes are coming to insurance accounting, but you're probably not exactly sure what they are or why all this is happening. The ...
A New Year’s Resolution: I Will Protect My Portfolio from Rising Rates
As with personal resolutions and renewed avowals, the start of a new year is the perfect time for insurers to revisit the parameters and goals guiding their investment portfolios. Particularly for ...
Do You Have the Vision to Innovate?
Google the term "insurance innovation" and you'll get over 38,000 results. Probably not surprising, and as you would expect, the results are everything from an actual domain name to consulting groups ...
Insurance and Regulation Remain Obstacles to Amazon Drones
For Amazon's recently announced drone delivery system to get off the ground, the company will have to solve numerous difficult technological challenges. Chief among them will be increasing battery ...
Left and Right Are Both Wrong About Regulation: Bloomberg View
In 1981, President Ronald Reagan instructed federal agencies that they could issue regulations only after demonstrating that their benefits justified their costs. With modest changes, Reagan's ...
Carrier Disintermediation of Agencies
A multitude of forces are causing many carriers to think of ways to disintermediate agencies. Health care reform is one. Some benefits carriers have cut commissions to 0 percent and agents are still ...
Climate Change Refugee’s Story Highlights Worldwide Challenges
In October, the U.K.'s Daily Telegraph reported that Ioane Teitiota, 37, from the Republic of Kiribati, has asked a court in New Zealand to officially recognize him and his family as climate change ...
Low Frequency Hinders Study of Northeast Hurricanes
Seventy-five years ago, "the Great New England Hurricane of 1938" laid waste over large areas of the northeastern United States. Last year's Hurricane Sandy provided a more immediate reminder that ...