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Is the Broken Florida Homeowners Insurance Market Finally Fixed?
Between 2017 and 2022, 11 property and casualty insurers writing mainly homeowners insurance in Florida, where they were domiciled, were declared insolvent and placed in ...
How Long Will Your Moat Protect You? Understanding Business Models and Moat Mortality
Insurance companies, like all companies regardless of industry, should have several management capabilities: a strategy to differentiate themselves in the marketplace, a ...
CEO Predictions: How AI Can Transform Insureds’ Lives in 2023
Artificial intelligence (AI) has been a popular topic of year-end prediction articles in recent years. Looking ahead to 2023, I offer a viewpoint that goes beyond the ...
What to Know About an Unlikely Vector for Cyber Threats: Household Pets
Pets can make a great addition to the family, bringing positivity and warmth to a household, but the digital devices associated with them could be a different ...
Bridging the InsurTech Divide with Data in 2023
The magic word to bridge a widening gap between successful and underperforming InsurTechs in 2023 is "data," according to a group of InsurTech experts who spoke with Carrier Management about their ...
Executive Viewpoint: Key Strategies to Attract NextGen Talent to the Insurance Industry
Two of the most critical talent issues facing insurance companies are recruitment and retention. Retention is essential for controlling costs, sustaining company culture ...
Is ILS Missing the Mark on Cyber?
If fortune favors the brave, trepidation in the insurance-linked securities market may be dampening investor profits.
Recent outlier ...
How Insurers Can Win Over Small Businesses
The opportunity insurers have with the small commercial market is tremendous. According to IBISWorld in 2022, the market size for small commercials was $240.2 billion ...
Florida’s Homeowners Crisis Requires Insurance Stability, Legislative Reform and Smart Technology
Even before Hurricane Ian, Florida's home insurance market was hobbled by fraudulent claims, pricey lawsuits and financial mismanagement by some insurance firms.