Editor's Letter: For Career Success, You Gotta Have Heart

If you grew up in New York in the 1960s like I did, you witnessed a miracle. The New York Mets, a major league baseball team that had been known as the "lovable losers" for their entire existence, suddenly won a World Series in 1969. The miracle is largely attributed to the leadership of one... read more

Insurers Build Trust by Championing Customers

For the average insurance consumer, the arithmetic is hard to ignore: The less insurers pay in claims, the more money they make. Thus is planted the seed of a doubt that so many policyholders seem to harbor: Does my insurer really have my back? Are they looking out more for my interests or their own?... read more

AIG Q3 Net Income Experiences Large Drop; Catastrophe Losses Soar

American International Group saw its 2020 third quarter net income plunge by more than half compared to a year ago, a result that was shaped partly by higher natural catastrophe losses. read more

Q3 Global Commercial Insurance Pricing Rockets 20 Percent Higher: Marsh

Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. read more

SPONSORED BY: S&P Global Market Intelligence

The Future of Insurance M&A

COVID-19 may have delayed deal-making in the insurance sector and made process-related logistics more challenging, but it has not derailed deal activity. The pandemic has also introduced new marketplace dynamics that may favor consolidation over the longer term as carriers reexamine their competitive positioning and operational capabilities.... read more

Allstate Net Income Jumps Nearly 27 Percent

The Allstate Corp. reported a nearly 27 percent increase in its third quarter net income, primarily due to higher auto insurance underwriting income and net realized capital gains. read more

For RSA, Pandemic Exclusions Are Limiting Lockdown Impact

England's second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions, its CEO said on Thursday as it reported a rise in underwriting profit in the first nine months. read more

Lloyd's Abandons Plan for Proprietary Electronic Exchanges in Favor of Outside Vendors

Lloyd's of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial insurance market said on Thursday. read more

Analysis: U.S. Businesses Face Climate Liability With Exit from Paris Agreement

The outcome of the U.S. general election is not yet clear. What's been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain: The U.S. exited the Paris Climate Agreement on Wednesday, formally casting off the signature international commitment to cut carbon emissions and limit global warming. read more

Never Wait for FNOL Again, with the Auto-FNOL that Drivers LOVE

Influencing the auto insurance claims process from the moment of impact reduces ...
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Are you ready for Nacha's ACH Account Validation rule?

Are you prepared for March 19, 2021? On that date, Nacha's ACH Account ...
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The Insurer's Customer Acquisition Playbook

While health, life, and P&C insurance companies experience unique ...
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Seismic Changes Ahead for D&O Insurance Segment

AM Best expects that the Directors and Officers (D&O) segment will soon ...
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Amazon & Retailers Have Entered the Insurance Arena - How Insurers Can Compete When Insurance is Sold Everywhere

Amazon, Tesla, and Walmart have entered the insurance arena.  What does that ...
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