Category: Insurance

By Max Dorfman, Research Writer, Triple-I 2023 was another year with high-risk climate and weather-related challenges, with 2024 positioned to pose its own challenges. Indeed, 2023 was the warmest year for the globe since 1850 — when these records were first made. The temperature in 2023 was over two degrees Celsius above the 20th Century […]

State Senate looks to slash insurance premium tax | Insurance Business America Property State Senate looks to slash insurance premium tax But some politicians argue this isn’t effective – or enough Property By Matthew Sellers In a move to combat surging insurance costs that plague the state’s homeowners, Florida Senate leaders have proposed a tax strategy […]

This post is part of a series sponsored by CoreLogic. The property insurance industry’s first event of the year, CoreLogic’s second annual INTRConnect, was held in Austin, Texas, and brought together more than 1,200 passionate professionals from across the property insurance and restoration industry. The event was a hub of excitement, with underwriters, claims professionals, […]

Today’s cloud-based policy administration systems (PAS) are designed to enable both P&C and Life insurers to manage policies through their entire lifecycle and are the foundation of carriers’ digital strategies. These types of platforms are a boon to carriers looking for ways to enhance their customer relationships and develop more effective offerings but many carriers […]

This post is part of a series sponsored by AgentSync. We recently wrote in great detail about the different types of insurance fraud, including how to go about committing each type (just for informational purposes, of course!). Today, our focus is on the other side of the coin: what the insurance industry is doing to […]

Lockton introduces new SVP as it looks to build key practice | Insurance Business America Construction & Engineering Lockton introduces new SVP as it looks to build key practice It marks the beginning of a series of strategic hires for the division Construction & Engineering By Kenneth Araullo Lockton has announced the addition of Oliver […]

Finial Reinsurance gets AM Best rating | Insurance Business America Reinsurance Finial Reinsurance gets AM Best rating The firm is also known as an indirect subsidiary of Berkshire Hathaway Reinsurance By Kenneth Araullo AM Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-“ […]