Disaster insurance is more complicated than other types of property/casualty coverage, and traditional forms of risk transfer may not be sufficient on their own to effectively help policyholders bounce back from catastrophes in the long term, Triple-I non-resident scholar Carolyn Kousky said in an interview on the World Economic Forum Book Club Podcast.

One way to think about the application of data science and machine learning is that it's a tool to aid the conversion of information (data) into action. In this context, machine learning is applied to enable better and more efficient decisions, as well as identifying previously hidden risks and opportunities.

There is no 'magic sauce' related to a successful talent management program. That said, I think it is a blend of several basic human resource management elements....

North American travelers were plagued by extraordinary travel disruptions over the recent holiday season, compounded by a 'once in a generation' winter storm that struck the US.

With the departure of the baby boomer generation from the workforce, the insurance industry faces an inevitable employment gap. Intriguingly, the insurance sector employs most working individuals 50 and older, and within the next year, close to a quarter of insurance pros will be looking forward to retirement within a decade.

The Allstate Corporation, one of the largest insurance companies in the United States, has announced its new commitment to achieve a string of zero emission targets.

Embedded insurance is one of the most frequently explored topics in insurance today, yet its potential remains largely untapped. We are limited so long as we consider the concept purely with an insurance industry lens.

In the last week of December 2022, the Ohio Supreme Court published a much-anticipated decision in the EMOI Services LLC v. Owners Insurance Co. case. The decision was bold, and the court made no attempt to limit its holding to the facts or language at issue in EMOI.

Florida's insurer of last resort, Citizens Property Insurance Corps., predicts to hit a record with nearly 2 million policyholders by the end of 2023, citing 'continued instability' in the state's insurance market.

The insurance industry is struggling to adapt to a new normal in which losses fueled by climate change are now regularly exceeding $100 billion a year.

Insurers must keep pace with the constantly evolving risk environment. That means keeping pace with climate change and growing catastrophic event losses; the explosive growth of intangible assets and the challenge of valuing those assets; and the increasing exposure of their portfolio to cyber risks.

The insurance industry places a premium on technical or so-called 'hard' skills when it comes to hiring new talent. But 'soft' skills -- communication, adaptability, problem-solving, time management, and so on -- are arguably more important for an employee's long-term success.

A new data-reporting mandate the U.S. Treasury Department's Federal Insurance Office (FIO) is considering imposing on certain property/casualty insurers raises a variety of concerns both for insurers and their policyholders.

Boosted sales, lower burnout and fatigue, and higher employee satisfaction -- they're just some of the potential benefits of a shorter working week, and now there's data to prove it.

Among the themes running through Triple-I's 2022 Joint Industry Forum (JIF), a dominant one was the growing importance of predicting and preventing losses, versus the property/casualty insurance industry's traditional emphasis on transferring risk from policyholders to insurers and assessing and paying claims when they arise.