3 Things for Insurers to Rethink: 2019 Predictions from Capgemini
If companies do not join the wave of change, they risk being left behind to witness more agile entities reap the rewards on the digital age.
Personal Lines
Insurance Careers Month campaign in full swing as industry looks to take recruiting up a notch
February’s awareness campaign is an industry-wide initiative to highlight the wide variety of career paths in risk management and insurance, as well as support efforts to recruit the next generation of insurance professionals.
Insurers actively recruit new talent as tens of thousands near retirement
Insurance Information Institute creates content to promote insurance as an ideal career destination for students and young professionals.
Vermont again tops list for best state insurance regulation, Louisiana ranks last
The R Street Institute releases seventh annual Insurance Regulation Report Card, an annual examination of which states best regulate the business of insurance.
Insurtech: Why coverage is better with it
Hippo Co-founder and CEO Assaf Wand on how modernization can lead to increased efficiency, better customer experiences and significant savings.
PIA names Acuity its 2018 Company of the Year
National Association of Professional Insurance Agents tabs Wisconsin-based P&C, commercial carrier focused on independent agents with its top honor.
Amica Mutual again tops homeowners insurance customer satisfaction rankings
Annual J.D. Power study finds home insurance customer satisfaction reaches record high as customers embrace bundled policies and digital communications channels.
Actuarial Science ranked as ‘most valuable’ college major
The joke’s on fine arts grads, who have the “least valuable” college degree while actuarial science was tops among 162 degrees, according to a new study from Bankrate.
Do Amazon and Google pose a threat to home insurers?
Latest J.D. Power Pulse Survey on insurtech trends reveals 1 in 5 American consumers (and a much higher percentage of Millennials) would switch to a policy offered by a tech giant should they enter the market; 34% of consumers (57% of Millennials) would likely switch to a home insurer offering smart home technology loss and protection options.
Poor credit can double or triple auto insurance rates in many states
New study finds 97% of U.S. insurance companies use credit-based insurance scores to determine auto premiums in all but three states. Michigan has highest disparity while North Carolina has the smallest increase for people with poor credit.
