Viewpoints
Hurricane Dorian Causing at Least $25B in Insured Losses; U.S. East Coast Prepares
The U.S. East Coast from Florida to the Carolinas was bracing for devastating winds and a life-threatening storm surge from Hurricane Dorian as the Category 3 storm wreaks havoc on the Bahamas. ...
Taking the Digital Route to Lower Commercial Auto Losses
It's an unfortunate truth that commercial automobile insurance hasn't been a profitable line of business for years. According to industry reports, even though commercial auto rates increased for 31 ...
How to Boost Performance: McKinsey IDs Strategies of Top-Tier Profit Makers
Most insurance companies aren't bold enough in their strategies to boost profits, according to a recent report from McKinsey & Company, which also says that industry CEOs must lead the way to ...
Innovation Not Only for the Young; Creativity Peaks in Mid-50s: Research
If you believe that great scientists are most creative when they're young, you are missing part of the story. A new study of winners of the Nobel Prize in economics finds that there are two different ...
Another ‘Team Project’? Snap Judgments, Leader Expectations Impact Results
Hearing the words "team project" can spark fear in the hearts of business professionals. Does this initial negative perception mean that the project is doomed from the start? Dustin Sleesman, ...
Flying Cars Have Small Niche Role in Sustainable Mobility: Research
In the 1960s animated sitcom The Jetsons, George Jetson commutes to work in his family-size flying car, which miraculously transforms into a briefcase at the end of the trip. A new study of the ...
Building a Specialty Carrier: Does Culture Beat Strategy, or Is Culture Strategy?
After getting the go-ahead to build a new insurance company, BHSI's founding executive team—Peter Eastwood, president and CEO; David Bresnahan, executive vice president; David Fields, executive ...
The Future of Insurance Has Brokers at Its Heart
When many of my peers and I entered the industry, several days or weeks could pass between the initial inquiry by a potential policyholder and the time a transaction took place. Applications were ...