As the first in my family to graduate college and work in a white collar environment, I know what it's like to feel out of place. In my first professional role out of college, I felt like an outsider for a long time.

Insurance is only as good as the consumer's experience during the claim's moments of truth. Positively shaping insureds' and claimants' experiences and avoiding churn during the process is critical for carrier success.

Property/casualty insurers could see close to $15 billion in losses from the Ukraine-Russia conflict, according to a report issued Thursday by Willis Towers Watson PLC.

A recent report by the U.N.'s Intergovernmental Panel on Climate Change (IPCC) emphasizes the importance of 'near-term mitigation and adaptation actions' to avoid the worst consequences of a warming world.

Claims handling is where the promise of insurance coverage becomes a reality, and while companies may have unique ideas about some best practices, there is broader agreement about others, like the importance of communication.

Failed insurance companies. Multi-billion dollar losses. Consumers on edge. Sound familiar? The last two years have dealt a punishing blow to Louisiana's homeowners insurance market, much like the wave of hurricanes that rocked the Gulf Coast more than a decade ago.

Lloyd's of London has announced that it is working with the government of the United Kingdom for the implementation of sanctions against Russian firms due to the war in Ukraine, including cancelling their insurance policies.

How many marketing professionals does the insurance industry employ? Hundreds? Thousands? And such hard workers they are, designing campaigns, riding herd on the media to make sure the brands they promote come off sparkling.

Members of the risk and insurance industry recently convened for the annual Reinsurance & Excess Surplus Lines Symposium held virtually on March 9-10.

The country's insurance industry consists of an estimated 7,000 companies, collecting more than $1 trillion in premiums each year, according to the latest figures from the Federal Bureau of Investigation (FBI). The law enforcement agency adds that because of its sheer size, the sector contributes significantly to the cost of insurance fraud by providing bigger opportunities and financial incentives to those committing illegal acts.

State Farm is facing a proposed class-action lawsuit that accuses the nation's largest auto insurer of systematically underpaying thousands of total loss claims by applying a percentage discount to the value of comparable vehicles to account for 'typical negotiation.'

The discourse around algorithm fairness has garnered increasing attention throughout the insurance industry. As the use of machine learning has become more common, from marketing and underwriting to claims management, regulators and consumer rights organisations have raised questions about the ethical risks posed by such technology.

Allianz (ALVG.DE) and Swiss Re (SRENH.S) said on Monday they were cutting back on Russian business as European financial institutions turn their backs on Russia.
The German insurer and Swiss reinsurer join banks Deutsche (DBKGn.DE), Goldman Sachs (GS.N) and JPMorgan Chase (JPM.N) which have exited Russia following its Feb. 24 invasion of Ukraine and subsequent Western government sanctions.

The tech industry is growing and evolving at an exponential pace. New opportunities and innovations are appearing every day. The majority of college degrees earned are in STEM fields.

The COVID-19 pandemic changed how the insurance industry attracts and keeps talent -- probably for good. 'You will not retain your talents if you don't offer them an upgraded employee experience and you need to attract new skills, which are required for transforming the insurance business into a more digital, customer-centric business," said Isabelle Santenac, global insurance leader for Ernst & Young.