Economic conditions, hiring and the quality of startup insurtechs may also affect M&A activity in the insurance industry, according to a partner at Clyde & Co., a law firm that reports on insurance industry growth.
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Slow repair cycle times, widespread premium increases and the volume of catastrophic events all contribute to dissatisfaction, according to the U.S. Property Claims Satisfaction Study from J.D. Power.
March 31 -
To use more outside affiliates to acquire customers, insurers draw on funds allocated for claims payments, according to a report by an independent analyst firm.
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The insurer plans to hire over 2,000 new employees in Tampa, Florida and in North Texas.
March 31 -
Oklahoma's insurance commissioner Glen Mulready complemented insurers for quick action that he personally witnessed on the scene of March 14 wildfires
March 30
Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes.
California's insurer of last resort is careening toward another hot and dry summer with its coffers already strained. That's raising the prospect that state residents will need to pick up the bill for more funds.
Wall Street brokers have started selling insurers' claims tied to Los Angeles' deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar with the matter.
Estimates for the financial toll of the blazes range from $30 billion to as high as $250 billion, as homeowners grapple with premium hikes and non-renewals.
Digital Insurance has announced the honorees for the 2024 Women in Insurance Leadership, WIL NEXT and Lifetime Achievement recognition programs.
Lauren McKinzie is the operations manager, channel partnerships for Obie Insurance.
Skills professionals need to succeed in today's technology-focused environment.
Dave Cunningham, senior case manager for Alvaka shares insights on ransomware attacks, how to avoid them and what victims should do if they are targeted.
Brett Laker, head of North America for UnderwriteMe focuses on trends he's seeing for 2025 and how AI will empower underwriters with data for faster decision making.
Prudential's Bob Bastian looks back on the company's 150-year history and focuses on the opportunities ahead for the insurance industry.
Watch this collection of the most notable sessions from our recent events. Learn from the industry’s top minds as they tackle the critical issues facing our community.