If an agency uses a carrier’s property cost estimator evaluation tool to come up with a valuation on a risk, who is liable if the risk is underinsured? Q: If an agency uses a...
06/07/2023
What is contractor solicitation and how does it work? Here's the scenario: You are approached at home (solicited) by a contractor who offers you payment or a gift card to...
05/26/2023
With its complex rules, fine print and lengthy processes, it’s little wonder that the $1.2tn insurance industry has a poor reputation for trust and customer service. In a recent...
05/05/2023
Thirty-four years ago, when my seven partners and I founded BlackRock, our goal was to build an asset management firm centered on meeting the needs of our clients. We wanted to...
04/09/2023
Commercial insurers look set to impose significant rate hikes on property insurance buyers at year-end as they face large third-quarter catastrophe losses, mainly from Hurricane...
03/05/2023
Court settlements and rate actions are helping Genworth massage losses with its block of troubled long-tern care policies, executives said Wednesday. Speaking on a conference...
03/05/2023
With inflation peaking at its highest level in 40 years, auto loss ratios are at their second highest in over 20 years. Increases in auto premiums can't keep up with fast-rising...
02/17/2023
Leading insurance organizations seek to be more data-driven in their business decisions by harnessing the full potential of the data that resides within their enterprise...
02/17/2023
In this article we are going to list the 15 biggest insurance companies in the world. Click to skip ahead and jump to the 5 biggest insurance companies in the world. The global...
02/16/2023
Estimated Reading Time: 0 Welcome to the future of AI-enabled insurance! The insurance sector is embracing new technologies to address some of its major customer pain...
02/14/2023
After two years of surviving – and in some cases thriving – during the height of the pandemic, insurers may be in for some rough times ahead. In fact, according to a predictive...
01/25/2023
Businesses are investing real money in virtual assets. They are buying property on metaverse platforms, selling branded digital goods in the metaverse, and investing in...
12/26/2022
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