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| Today's Headlines | July 18, 2022 |
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Consumers in the U.S. are rapidly adapting to electric vehicles, a shift away from the internal combustion engine that may change auto insurance claim characteristics. CCC Intelligent Solutions said in new report that electric vehicles made up 4.6 percent of new light-vehicle registrations in the first quarter of 2022, up from 2.6 percent of registrations... read more | | |
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Property/casualty insurers started to broadcast the fact that they ranked on the list of Ward's 50 top-performing insurance companies for 2022 last week, but only two were named for 32 straight years—RLI Corp. and GEICO. Ward, a unit of Aon, which provides benchmarking and best practices studies for the insurance industry, annually analyzes financial performance... read more | | |
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Insurance producer licensing, appointments, and agency rules vary across states and the variations make it difficult to do business with any predictability - let AgentSync's 50 State Summary Table make it easier. As anyone who's been in insurance long enough understands, following one state's rules doesn't ... read more | | |
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Progressive Corp. said Friday it recorded a loss of about $543 million for the second quarter 2022 and a loss of $436.7 million in June. To date, Progressive is in the red with a bottom-line net loss of $229 million for the first half. The results were despite the personal and commercial property insurer posting... read more | | |
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La Nina will probably stick around for at least several more months, potentially leading to more hurricanes and tropical storms across the Atlantic during the heart of the season. There's now a 62 percent chance of cool waters across the equatorial Pacific Ocean from August through October, according to the U.S. Climate Prediction Center. Last... read more | | |
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SPONSORED BY: Amazon Ads Max Life Insurance used Amazon DSP to reach custom audience segments based on life stage, lifestyle habits, and product purchases - 66% of the generated leads were found to be relevant. Amazon Ads can help design ad experiences that leverage billions of first-party insights... read more | 
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Mars Inc. has been sued by a consumer who claims that Skittles candies are unfit to eat because they contain a known toxin that the company had pledged six years ago to phase out. In a proposed class action filed on Thursday in the Oakland, Calif. federal court, Jenile Thames accused Mars of endangering unsuspecting... read more | | |
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A computer vulnerability discovered last year in a ubiquitous piece of software is an "endemic" problem that will pose security risks for potentially a decade or more, according to a new cybersecurity panel created by President Joe Biden. The Cyber Safety Review Board said in a report Thursday that while there hasn't been sign of... read more | | |
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American Family Insurance is partnering with Tractable to apply its artificial intelligence services. Specifically, American Family Insurance Claims Services will be using Tractable as part of its claims subrogation settlement process. AFICS is launching the partnership by applying Tractable's AI Subro service to its current inbound subrogation operations. The AI will review requests made by... read more | | |
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When you want advice to achieve something, whom would you rather ask: the top performer in that area or someone barely scraping by? Most people would choose the top performer. That person's advice, however, may not be any more helpful. "Skillful performance and skillful teaching are not always the same thing, so we shouldn't expect... read more | | |
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| | Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| | As the world has turned digital, technological business solutions continue ... read more | |
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| | Now On Demand! Strategy Sessions – A Lunch Hour Look at Critical Topics with ... read more | |
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| | "They got planes in the air, and we had pictures the next day... before we ... read more | |
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| | Automation is essential to the insurance industry's digital transformation ... read more | |
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