Almost a year ago, I felt impelled to bust the cliché that insurance is boring. In that blog post, I called out the idea that any industry that touches every imaginable peril individuals, families, businesses, and communities face could reasonably be considered dull.

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Breeze, a provider of insurtech products, surveyed 1,000 college-graduated and employed adult Americans between the ages of 22 and 30 and found that most in insurance are leaning toward a career in that field.

Specifically, of current insurance professionals surveyed, 92% see themselves remaining at their current insurance job for the next year; 78% expect to remain in insurance at their next job; and 61% want to be in insurance for the next 20 years.

Insurance professionals gave their current jobs higher ratings for 'opportunity' and 'sexiness' compared with non-insurance professionals. Both groups gave equal ratings for 'satisfaction' and 'stability.'

Among non-insurance professionals, 65% are still open to working in insurance, and 57% of that group would rather work at a traditional insurance company over a newer insurtech, according to the survey.

The 'great resignation' is having a great impact on organizations who are also contemplating the seemingly never-ending labour shortage. And for women, the exodus seems to be even greater than it is for men.

Blockchain technology is beginning to modify insurance operations, helping the industry to overcome some of its challenges. The use of different blockchain technologies within business, including in the insurance industry, varies according to its inception.

Supply chain pressures and labour shortages mean Canada's P&C industry and its suppliers need to focus on communications around claims service to maintain consumer trust and high service levels, insurance executives told a broker conference last week.

Imagine you're riding in a taxi and the driver understands the duties of an actuary. That happens in Bermuda, apparently.

A key charge in the obstruction of justice trial arising from the infamous dossier on Donald Trump's alleged ties to Russia was thrown out last Friday by a federal judge. Igor Danchenko is on trial charged with lying to the FBI about his role in creating the dossier. Here is why insurance fraud investigators should be very concerned.

Inflation was running hot even before Russia's invasion of Ukraine, driven by higher commodity prices, supply-chain interruptions, and high energy prices. The war in Ukraine caused further price shocks for a wide range of commodities, energy and food.

A new claims solution may help carriers save costs during the claims process while also saving the environment.

There are many reasons, or excuses, for ignoring insurance fraud, even among insurance professionals. 'The special investigations unit (SIU) handles all that,' or 'Fraud is just inevitable, everyone does it,' or, worse, 'We can just pass the costs on through higher premiums.'

The difficult 2020 and 2021 hurricane seasons are fading from memory, but it will take a long time for Louisiana to recover. It's not just the blue roof tarps that still dot the landscape from Lake Charles to Lafourche.

Property and casualty insurance providers across the country wrote more than $797 billion in premiums in 2021, generating about $767 billion in earned premiums, the latest industry report from the National Association of Insurance Commissioners' (NAIC) has revealed.

The Florida insurance market capital stack is likely decimated after hurricane Ian's landfall last week, raising the question of how this marketplace replenishes it and also highlighting the need for access to efficient sources of capital.

About eight months ago, I left my job as an associate attorney in private practice to work for a Fortune 500 insurance company as a claims professional. In my new role, I handle litigation claims against rideshare drivers. Moving from counsel to counsel's client has given me a unique view into the particulars of each role in the claims process

The P&C insurance industry is facing several major challenges, including a $6.3 billion net operating loss during the first half of 2022. According to A.M. Best, U.S. P&C net income was $31.4 billion, down 18% compared with the first six months of 2021.