
Outsourcing 2.0 To The Rescue
Outsourcing has moved front and center as the P&C industry transforms to manage today's new realities, but it has become much more sophisticated.
December 20, 2022
Insurance Industry
Technology

A Discussion Of Progress And Challenges In DE&I At JIF 2022
At JIF 2022, a panel assembled to discuss the importance of diversity, equity, and inclusion (DEI) in the insurance industry.
December 19, 2022
Insurance Industry

Louisiana’s Insurer Exodus Continues: Another Large Company Leaving
Yet another major insurer is pulling out of Louisiana. United Property & Casualty Insurance Co., based in Florida, will cease renewing its roughly 36,000 Louisiana home insurance policies in 2023.
December 13, 2022
Insurance Industry
Property
Louisiana

Florida Insurers Weakened By Excessive Payouts To Affiliates, CEOs
In 2015, State Farm's CEO earned $13.3 million overseeing America's largest property insurance company. That same year at Tampa-based Heritage Insurance Holdings, one of numerous small Florida-based homeowners insurance companies, its CEO made $27.3 million -- despite overseeing 0.3% of the number of policies and accounts of State Farm.
Florida-based insurance companies have been going out of business the last few years or raising rates by double-digits. Industry groups and Gov. Ron DeSantis have blamed excessive litigation, and Republican legislators are poised this week to limit the incentives to sue insurers.
December 12, 2022
Insurance Industry
Legislation & Regulation
Florida
Florida-based insurance companies have been going out of business the last few years or raising rates by double-digits. Industry groups and Gov. Ron DeSantis have blamed excessive litigation, and Republican legislators are poised this week to limit the incentives to sue insurers.

JIF 2022: Leaning Forward Into A Changed World
Insurance industry decision makers and thought leaders gathered yesterday for the day-long Triple-I Joint Industry Forum (JIF) in New York City to discuss opportunities and challenges across the insurance landscape.
December 5, 2022
Insurance Industry

It’s Time to Talk About a Corporate Elephant
It's time to saddle the elephant and ride it around the corporate boardroom with sparklers and a marching band. What elephant, you may ask? Ageism and age bias/discrimination.
November 29, 2022
Insurance Industry

Louisiana Insurance Commissioner: Claims of Insurance Crisis True
Since the double-punch of Hurricanes Laura and Delta in 2020, 11 residential property insurance companies doing business in Louisiana have been declared financially insolvent and 12 can longer conduct business in the state.
November 28, 2022
Insurance Industry
Property
Louisiana

Growing Storms Push Shrinking Louisiana Insurers Into Failure
More than a year after Hurricane Ida swept across Louisiana, the Category 4 storm is triggering a property-insurance crisis in the state that has bankrupted 11 insurance companies and will force some homeowners to pay annual premiums of nearly $18,000.
November 23, 2022
Catastrophe
Insurance Industry
Louisiana

How Triple-I CEO Sean Kevelighan Makes Sure the Insurance Industry Sparkles
It's not uncommon for insurance professionals to say they fell into the industry. Most people's perceptions of the industry come either from TV shows and movies, where insurer's jobs are portrayed as dull, paper-pushing positions, or from the complex process of dealing with an insurance claim.
November 21, 2022
Insurance Industry

Insurers Can Support Progress Toward Sustainable Development Goals
The UN Sustainable Development Goals (SDGs) are a group of 17 global goals aimed at reducing poverty and protecting the planet for the future. The SDGs were born at the United Nations Conference on Sustainable Development in 2012 and are linked to the 2030 Agenda for Sustainable Development, adopted by 193 countries.
November 18, 2022
Insurance Industry

Florida Insurer Losses Swell After Hurricane Ian
Hurricane Ian has bulked up losses for three Floridian homeowners' insurers, with one seeing its net loss for the quarter increase tenfold.
November 16, 2022
Catastrophe
Insurance Industry
Florida

Farmers Steps Up: First US Insurer Commits to UN Sustainability Principles
Farmers Insurance Exchange has announced that it has become the first US-based insurer to sign on to the United Nations Environment Programme Finance Initiative's Principles for Sustainable Insurance (PSI), an international framework for the insurance industry to address environmental, social and governance risks.
November 4, 2022
Insurance Industry

Let’s Dust Off That Mundane Wellness Program
Are you tired of the same ol' mundane wellness programs? Weight loss, stress reduction, vaccine clinics, and corporate step challenges, all sounding familiar to you?
November 3, 2022
Insurance Industry
Life & Health

10 Big Brothers ASAP
Not a fad diet or magic pill, automation is a lifestyle change. Let's talk change management.
November 3, 2022
Insurance Industry
Technology

A Bit of Optimism, For a Change
There is a sense that the industry has risen to the occasion in handling massive claims and now has an opportunity to play a leadership role in other key areas.
November 1, 2022
Insurance Industry



