Insurance Journal

OCTOBER 23, 2024

USG Insurance Services, Inc. Francis, based in Alpine, California, entered the insurance industry eight years ago. She most recently served as a renewal garage underwriter with Risk Placement … hired Tiffany Francis as an associate producer/broker with their garage division team.

Broker 113

Broker Underwriter Underwriting Insurance Industry 113

Zywave

FEBRUARY 25, 2025

Zywave Chief Technology Officer Doug Marquis Greater transparency increases consumer trust Much has been written about the potential of artificial intelligence to revolutionize the insurance industry but little has been mentioned about a vital element of our sector: consumer trust.

Insured 52

Insured Insurance Insurer Broker 52

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The industry’s estimated net combined ratio of 99.4 The industry’s estimated net combined ratio of 99.4

Commercial 68

Commercial Underwriter Underwriting General Liability 68

InsuredMine

DECEMBER 26, 2024

This includes insurance solutions that transfer risk and provide financial support for rebuilding efforts. Its about reducing the risks of future climate-related costs and creating conditions for sustainable growth in a world thats already feeling the effects of climate change.

Risk 105

Risk Claim Building Financial Loss 105

ProWriters

MAY 20, 2025

On the other hand, its becoming a powerful tool for insurers, helping to assess risk, detect fraud, and streamline claims. So, where does this leave Cyber Insurance brokers? Lets break down how artificial intelligence in cyber security is redefining riskand what that means for the industry. Heres how: 1. Not anytime soon.

Cyber 52

Cyber Broker Risk Insurance Broker 52

Redbird Agents

SEPTEMBER 4, 2024

Attending insurance conferences is a strategic move for any professional in the insurance industry, whether you are an established agent or new to the field. Networking Opportunities: Building a strong professional network is crucial in the insurance industry.

Agents 130

Agents Insurance Industry Insured Insurance 130

Majesco

AUGUST 8, 2024

The business value of intelligent, AI-powered underwriting solutions, business processes and operating models is driving operational efficiencies, productivity, and profitability. As reflected in Majesco’s 2022 Strategic Priorities Research , 25-30% of insurers have implemented a digital underwriting workbench.

Underwriter 66

Underwriter Underwriting Insured Insurance 66

Triple-I: Homeowners Insurance

MAY 13, 2025

As high-severity natural catastrophes wildfires, floods, hurricanes, and others become more frequent and more people move into riskier locales, insurance affordability and availability have become a challenge in many states. Every property being assessed for wildfire risk is unique, the report says.

Risk 52

Risk Underwriter Underwriting Premium 52

Redbird Agents

NOVEMBER 15, 2024

Filling senior-level roles in the insurance industry requires more than just sourcing resumes—it demands precision, industry knowledge, and a focus on long-term success. Global Reach: Search services often extend across the USA, Canada, and global insurance hubs like New York, ensuring access to a diverse talent pool.

Insured 130

Insured Insurance Insurer Casualty Insurance 130

Zywave

DECEMBER 18, 2024

Educational events bring industry expertise from around the globe, facilitate networking Leading insurtech provider Zywave has announced its lineup of acclaimed insurance industry thought leadership events for 2025. This conference will offer discussion on ways to increase insurance sales and foster organic growth.

Insurance Industry 52

Insurance Industry Cyber Broker-Agent Insured 52

Accenture: Cyber Insurance

NOVEMBER 30, 2021

As we wrap up 2021, it seems appropriate to revisit predictions we made for the insurance industry this year. I put forward my hypotheses last December in my post, 5 predictions for the insurance industry in 2021. Let’s see how those predictions held up. 1.

Insurance Industry 52

Insurance Industry Insured Insurance Insurer 52

Redbird Agents

NOVEMBER 15, 2024

Recruitment: The Backbone of the Insurance Industry Insurance recruiting is more than a necessity—it’s a strategy. But insurance recruiting isn’t without challenges. High turnover, skill shortages, and a need for specialized talent like actuaries and risk management experts create a tough hiring environment.

Building 130

Building License Insured Insurance 130

Brokers’ Service Marketing Group

JULY 27, 2023

In those instances where the case submitted isn’t as black and white as one would hope, a well thought out cover letter inclusive of case details will aid in the underwriting process. We worked with our underwriters at Lincoln Financial to provide some guidelines

Underwriter 52

Underwriter Underwriting Life Insurance Insurance Industry 52

American Agents Alliance

MARCH 3, 2025

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry.

Broker-Agent 52

Broker-Agent Broker Agents Risk 52

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. By identifying these at-risk customers early, insurers can take targeted actions to improve retention rates and maintain a stable customer base. However, the landscape has shifted dramatically.

Risk 59

Risk Policyholder Insured Insurance 59

InsuredMine

MAY 14, 2025

The insurance industry is undergoing a digital transformation like never before. Modern insurance customers demand speed, simplicity, and transparencyand insurers must adapt or risk falling behind. Here are seven key customer engagement trends that will shape the insurance industry in 2025.

Insured 52

Insured Insurance Insurer Claim 52

Simply Insurance

JUNE 12, 2025

Age Monthly Premium Notes 30 $60 Healthy individual 40 $80 Moderate risk 50 $100 Higher risk How Much Does a 5 Years Disability Insurance Policy Cost Per Month? Age Monthly Premium Notes 30 $70 Healthy individual 40 $90 Moderate risk 50 $110 Higher risk How Much Does a Benefit Period Own-Occupation Coverage Policy Cost?

52

52

Boston ERISA & Insurance Litigation

DECEMBER 5, 2024

To me, the consistent theme that underlies all of the discussion is the ability of AI tools to improve the industrys ability to understand, interpret, manipulate and manage massive amounts of data (and also the risks of bad faith claims from doing so).

Premium 40

Premium Risk Underwriter Underwriting 40

Triple-I: Homeowners Insurance

MAY 15, 2025

P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, point enhancement compared to the prior year and representing the sector’s most favorable underwriting performance since 2013, as detailed in a recent report by Triple-I and Milliman. demonstrating a substantial 5.1-point

Workers Compensation 45

Workers Compensation General Liability Liability Underwriter 45

American Agents Alliance

JULY 5, 2024

And when it comes to the insurance industry, having data and using it well has become a differentiator. Agents and brokers can leverage data analytics to help reduce their E&O risk and mitigate losses in several ways. Use data to identify high-risk processes or areas of the agency.

Risk 40

Risk Broker-Agent Agents Policyholder 40

American Agents Alliance

APRIL 3, 2025

Many industries are feeling the uncertainty of tariffs and changing trade policies, which can make underwriting more challenging and pricing less certain. At the same time, agents can work with their policyholders to improve risk management and loss control to make the account as attractive as possible when shopping for coverage.

Agents 52

Agents Policyholder Premium Auto Insurance 52

Majesco

JUNE 13, 2024

How did it come to the point where insurance doesn’t seem capable of taking the upper hand in the race between risk and profit? The world and the economy have handed insurers a tough equation. Can actuaries, underwriters, and business leaders get back on top and win the combined ratio game?

Risk 40

Risk Underwriter Underwriting Insured 40

Majesco

MAY 23, 2024

Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? It’s about rethinking underwriting and claims as well as rethinking risk resilience. It is time to rethink the business and risk resilience. They suggest digitalization can be a force for closing insurance protection gaps.

Risk 40

Risk Underwriter Underwriting Insured 40

American Agents Alliance

DECEMBER 8, 2024

2025 will bring new ideas, innovations, and changes to an ever-evolving insurance industry. Driven by rapid advancements in technology, shifting risks, and increasing policyholder expectations, the industry will likely have different products and services by the time 2025 draws to a close.

Broker-Agent 40

Broker-Agent Agents Broker Risk 40

InsuredMine

OCTOBER 25, 2024

With only two months left in the year, we’re gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The global protection gap—a measure of uninsured risk—looms large, projected to reach $1.86 Traditional insurance models are struggling to keep pace with a rapidly evolving world.

Risk 59

Risk Insurance Industry Business Interruption Claim 59

Scott Insurance

APRIL 21, 2020

As business models and operations shift and evolve, M&D companies must stay vigilant on risk management efforts. What risk do we assume in repurposing our operations in response to COVID-19? Have you considered varying levels of risk when distributing to healthcare and/or government entities? How will you advertise?

Risk 40

Risk Liability Underwriter Underwriting 40

Distinguished

JULY 8, 2024

Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider. Get the Hotel Primary Insurance session handouts here: + Transcript & FAQ + Video Recording + Slides Below are some of the insightful questions from attendees during our session. A: There is no age limit.

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insured 52

Majesco

OCTOBER 10, 2024

Risk vs. reward. Perhaps there is no more appropriate location to discuss it than Las Vegas, the undisputed home of risks and rewards. Next week, many of us will meet and chat at ITC 2024, filled with the excitement of game-changing technologies and insurance startups.

Risk 40

Risk Auto Insurance Premium Underwriter 40

Triple-I: Workers Compensation

APRIL 20, 2021

Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. Without legislative change, banks and insurers can’t do business with business without risking running afoul of federal drug laws.

Risk 40

Risk Workers Compensation Commercial General Liability Liability 40

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market.

Property Insurance 52

Property Insurance Commercial Property Liability Insured 52

Final Expense Brokerage

MAY 10, 2024

You need to have a thorough understanding of different policy types, such as term life insurance, whole life insurance, and universal life insurance, to effectively advise clients on their options. Obtaining the Necessary Licenses and Certifications To become a life insurance agent, you must meet certain licensing requirements.

Life Insurance 100

Life Insurance Insurance Agent Insurance Agents Agents 100

Scott Insurance

JANUARY 28, 2022

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Risk Management Considerations There are many factors that come into play when considering the environmental conditions that lead to the growth of mold.

General Liability 52

General Liability Deductible Liability Property Damage 52

Bankers Insurance

JULY 22, 2024

The Westfield Insurance Foundation, an independent private foundation endowed by Westfield, awards the donations to support their top agents’ local communities. said Ed Largent, Westfield president, CEO, board chair and Westfield Insurance Foundation chairman. It’s a great feeling to link arms with our agents and make an impact.” “The

Broker-Agent 64

Broker-Agent Agents Insured Insurance 64

Boston ERISA & Insurance Litigation

AUGUST 30, 2024

The relationship between climate change and the insurance industry has been a favorite hobbyhorse of mine for over a decade, since I learned that Lloyds was closely studying the potential impact of climate change on insurance rates, profits, underwriting and the like.

Insured 40

Insured Insurance Insurer Premium 40

Jackson & Jackson

AUGUST 16, 2024

The increasing frequency and severity of natural disasters in recent years have made insurance companies more hesitant to take on the risks associated with insuring California homeowners. Wildfires, in particular, have become a significant concern for insurers in California.

Insured 52

Insured Insurance Insurer Risk 52

Protect Commercial Insurance

DECEMBER 6, 2024

Early Developments in Business Coverage Long before modern commercial insurance, businesses faced the daunting task of safeguarding their assets against unforeseen calamities. The notion of business coverage can be traced back to medieval times, when the shipping industry first implemented rudimentary forms of risk management.

Commercial Insurance 52

Commercial Insurance Commercial Insured Insurance 52

InsuredMine

MAY 2, 2024

Can you imagine a world where your car could automatically adjust your insurance premium based on how safely you drive? Or what if your home insurance could send you alerts about potential risks and offer customized coverage options? At the center of this digital transformation lies efficient and effective tools called APIs.

Insured 52

Insured Insurance Insurer Insurance Industry 52