Insurance Journal

NOVEMBER 26, 2024

While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data and assess risk, malicious actors use the same tech to disrupt business and profit from cyberattacks. Recognizing the potential exposure …

Insurance Industry 289

Insurance Industry Risk Insured Insurance 289

Insurance Journal

SEPTEMBER 8, 2024

A new report from Marsh McLennan and Zurich titled “Closing the cyber risk protection gap” is calling for a closer collaboration between the insurance industry and the public sector as cyber insurance coverage gaps remain. “Both the insurance industry and …

Cyber 258

Cyber Insurance Industry Protection Risk 258

Insurance Journal

JANUARY 8, 2025

There is a risk crisis affecting the insurance industry. Hurricanes Helene and Milton left a trail of tens of billions of dollars of destruction across the southeastern United States. These latest storms have shown that no region is safe from …

Insurance Industry 278

Insurance Industry Insurance Insurer Insured 278

Insurance Journal

SEPTEMBER 9, 2024

Risk Strategies, headquartered in Boston, appointed Tom Panos as managing director of its Chicago office. Panos has over 15 years of experience in the insurance industry. He joined The Baldwin Group through its acquisition of Rosenthal Brothers in 2008 when …

Risk 147

Risk Insurance Industry Insured Insurance 147

Insurance Journal

OCTOBER 21, 2024

State-sponsored residual property markets have seen in influx of risks come in since 2018, with some states growing by more than 200%. According to insurance industry ratings firm AM Best, the policy counts of personal and commercial property Fair Access …

Policy 264

Policy Commercial Property Commercial Insurance Industry 264

Insurance Journal

SEPTEMBER 23, 2024

The Florida Surplus Lines Association, which notes it provides a safety valve for Florida’s property insurance industry, named new officers for 2024-2025 at its recent annual convention in Tampa. President: Virginia Clancy, TAPCO Underwriters President-elect: Albert Geraci, Risk Placement Services …

Underwriter 263

Underwriter Underwriting Property Insurance Insurance Industry 263

Insurance Journal

DECEMBER 2, 2024

Symphony Risk Solutions named Corey Tobin director of Symphony Grow, its specialty business focused on the cannabis industry. Tobin has more than 15 years of experience in the cannabis and insurance industries. He most recently served as senior vice president …

Risk 147

Risk Insurance Industry Insured Insurance 147

Insurance Journal

NOVEMBER 17, 2024

home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home Trends Report found that all-perils …

Premium 240

Premium Home Insurance Insurance Industry Risk 240

Insurance Journal

JANUARY 26, 2025

What a start to the new year for the insurance industry. January 1 saw two separate incidents that drew attention from the insurance industry as the threat of increasing political and terror risk continues to affect individuals and businesses worldwide.

Insurance Industry 204

Insurance Industry Risk Insured Insurance 204

Relation

FEBRUARY 3, 2025

The insurance industry is undergoing a significant transformation as it adapts to emerging trends driven by climate change and technological innovation. Two key developments are reshaping the landscape: the rising impact of climate-related risks on insurance costs and the shift toward proactive risk management.

Risk 52

Risk Insurance Insurer Insured 52

Prof. Allan Manning

FEBRUARY 24, 2023

A number of pre loss services are also provided by the LMI Group, including Business Interruption Sum Insured Reviews, Policy Drafting, Insurance Program Reviews, Risk Surveys, and Risk Engineering Services along with Business Continuity Management Services, and Cyber Security Reviews.

Insurance Industry 130

Insurance Industry Business Interruption Claim Insurance 130

Redbird Agents

FEBRUARY 4, 2025

For insurance agents, managing chargebacks and financial obligations responsibly is a crucial part of building a successful career. One of the most significant consequences of unpaid debt in the insurance industry is being reported to Vector Onea reporting agency that tracks outstanding producer debt. What is Vector One?

Agents 130

Agents Insurance Agents Insurance Agent Insurance Companies 130

Insurance Journal

MARCH 18, 2025

EPIC Insurance Brokers & Consultants named Matt Allen principal of its private client team. Allen has more than 18 years of experience in the insurance industry. He specializes in providing sports professionals with risk management, disability insurance and asset protection …

Insurance Broker 162

Insurance Broker Insurance Industry Broker Protection 162

Neilson Marketing Services

DECEMBER 5, 2024

Why SEO Matters More Than Ever for Insurance Agencies SEO has always been the backbone of online visibility, but for insurance agencies, it’s more than just a tool — it’s a lifeline. Use geo-specific content, such as blog posts tailored to local risks like flood insurance for coastal areas.

Insurance Industry 93

Insurance Industry Insurance Insurer Insured 93

American Agents Alliance

JANUARY 11, 2025

The recent Eaton and Palisades fires in the greater Los Angeles area are evidence of the increasingly prevalent wildfire risk in California. As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders.

Insurance Industry 52

Insurance Industry Risk Broker-Agent Policyholder 52

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

Insurance Journal

NOVEMBER 3, 2024

State-sponsored residual property markets have seen in influx of risks come in since 2018, with some states growing by more than 200%. According to insurance industry ratings firm AM Best, the policy counts of personal and commercial property Fair Access …

Policy 130

Policy Commercial Property Commercial Insurance Industry 130

Insurance Journal

SEPTEMBER 24, 2024

In the ever-evolving insurance industry, data analysis has become a cornerstone of the underwriting process. By leveraging data, underwriters can make more informed decisions, assess risks more accurately, and improve … This post is part of a series sponsored by Selectsys.

Underwriter 130

Underwriter Underwriting Insurance Industry Risk 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 Insurance 52

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Given the state’s below-average income vs. above-average insurance expenditures, Georgia ranks 42nd on the list of affordable states for homeowners insurance and 47th (plummeting from the 2006 high of 27th) for personal auto affordability, according to reports by the Insurance Research Council.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

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 Insurance Insurer Insured 52

Top Insurance Blogs

MARCH 12, 2024

What could be the key challenges facing the insurance sector? The insurance industry has long been considered a cornerstone of financial stability, providing individuals and businesses with protection against unforeseen risks. Are there ways AI and technology can help us tackle these problems?

Insurance Industry 52

Insurance Industry Insurance Insured Insurer 52

Prof. Allan Manning

FEBRUARY 3, 2025

This to me is quite a fair approach by the insurers involved. If a terrorist attack involves any of the examples listed, then it is likely to be well beyond the capacity of private enterprise and is really a political risk best addressed by government.

Policy 173

Policy Insurance Policy Insurance Insurer 173

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

Triple-I: Business Insurance

OCTOBER 1, 2024

Another way the insurance industry would be affected is from losses from coverage protecting against adverse business costs of events, such as strikes. These coverages include, but are not limited to, business interruption, political risk, credit, supply-chain insurance, and some marine and cargo.

Insurance Industry 52

Insurance Industry Business Interruption Commercial Property Commercial 52

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.

Insurance 52

Insurance Insurer Insured Broker 52

InsuredMine

APRIL 16, 2024

This prevents insurers from truly understanding customer needs, offering products and services, and delivering an efficient omnichannel experience. The regulations governing the insurance industry have also grown more complex over time. This exposes insurers to potential penalties and reputational risks.

Insurance Industry 52

Insurance Industry Insurance Insurer Insured 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.

Insurance 130

Insurance Insured Insurer Casualty Insurance 130

Zywave

MARCH 20, 2025

We take pride in the continuous improvement of our service, support, and solutions that contribute to a thriving, resilient insurance industry. insurance brokeragesuse Zywave solutions to enhance client services, achieve business growth and promote greater health, wellness, risk management and safety.

Cyber 52

Cyber Broker Premium Risk 52

Triple-I: Homeowners Insurance

DECEMBER 5, 2024

In a recent article for PropertyCasualty360 , Berven wrote that inconsistent building codes create alarming safety disparities from state to state and that improved codes are essential to reducing risk and post-disaster recovery costs. “The U.S.

Building 65

Building Risk Casualty Insurance Premium 65

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. Understanding Predictive Churn Analytics Predictive churn analytics is revolutionizing the insurance sector by enabling companies to shift their focus from traditional risk assessment to proactive customer retention strategies.

Risk 59

Risk Policyholder Insurance Insured 59

Prof. Allan Manning

FEBRUARY 24, 2024

Today marks LMI Group’s quarter century of service to the insurance industry and wider communities. May 2002: First of now 17 books on insurance and risk management launched. The first was Business Interruption Insurance and Claims soon to be printed in its 6th Edition. March 2003: LMI Sydney office opens.

Business Interruption 130

Business Interruption Claim Policy Insurance Industry 130

Wren Insurance Agency

JANUARY 22, 2025

It's hard to imagine the enormous impact this tragic event will have on the state's insurance industry. These risks are rated at a local level, not national, so the current fires in California will not affect Florida's home insurance rates. Here in Florida unfortunately, we know the incredible damage wildfires can do.

Home Insurance 65

Home Insurance Insured Insurance Insurer 65

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 Insurance Insurer 130

Triple-I: Homeowners Insurance

DECEMBER 4, 2024

The need for collective action to address the property/casualty risk crisis was a recurring theme throughout Triple-I’s Joint Industry Forum in Miami – particularly during the panel on climate risk and resilience. MMG’s McHatten emphasized the complexity of addressing flood risk, given the environmental forces driving it.

Risk 110

Risk Underwriter Underwriting Building 110

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

Risk Management Monitor

FEBRUARY 2, 2023

To that end, the National African American Insurance Association (NAAIA) recently updated its research on its members’ experiences and challenges in the insurance industry, releasing the new study The Next Steps on the Journey: Has Anything Changed?

Insurance Industry 40

Insurance Industry Insurance Insurer Insured 40