The High Cost of Negative Consumer Perception
Let's talk some truth. Of all the challenges the insurance industry is facing today, chief among them is the reality that insurance is becoming very hard for people to ...
Underwriting
Context Matters: Mailing Letter Sufficient Cancel Notice, Court Says
Simply mailing a cancellation notice to a policyholder, when viewed in the context of other indicators, was enough to comply with state law and void a homeowner's insurance policy just weeks before a ...
How to Grow Profitably in Seven Steps: Delegated Underwriting Is One
Insurers and reinsurers that achieve spectacular returns on average equity have seven common characteristics, according to Aon, which analyzed the performance of 100 insurers and reinsurers to ...
U.S. P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021
The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. "After years of ...
They Should Take the Picture: How P/C Insurers Should Respond to Photo Flak
My interest in all things property/casualty insurance prompts my smartphone to serve up lots of news from across the nation about carrier activities—local news clips and mainstream media articles ...
Is Liability Reinsurance Headed for a Tumble?
In early June, Ken Brandt, chair, president and chief executive officer of TransRe, sounded the alarm on brewing troubles in the liability reinsurance market that could ...
What Liability Insurance Underwriters Should Know About Microplastics
Plastics. What was once the pithy career advice memorably offered in the movie "The Graduate" has some potentially noteworthy similarities to one of today's most ...
Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation
As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who ...
Predictive Model Delivers Insights as Insurers, Reinsurers Brace for More Civil Unrest
Insured losses from civil unrest can reach levels equal to some natural catastrophes—and the costs are growing every year. Of particular concern this year is the ...
