Over the past decade, auto insurance rates have increased steadily, well exceeding the rate of inflation over the same period. But what’s driving this upward trend? Explore factors that have significantly impacted the rates for commercial auto. 1. Bodily Injury Loss Costs In the five-year period from 2018 to 2022,
The insurance industry often talks about “customers of tomorrow” – but tomorrow is already here, says Martyn Mathews, managing director of SSP Broker. Young people form perceptions of insurance well before they buy their first policy, and what they think now will shape how they engage with our sector in
Run Time: 22:57 EP. 107: From Assistants to Actuaries, AI’s Next Leap in Insurance (No Ratings Yet) Loading… 2,011 views Close Embed Video Use the below code to add this video to your website. On this episode of The Insuring Cyber Podcast, Alena Kharkavets – North American head of claims
You own a business and you’ve worked hard to get it where it is today. To protect your business, you likely already have a business insurance policy. You may have heard of a commercial umbrella insurance policy but aren’t sure if you need one, or what it even is! In
What Cybercriminals Don’t Want You to Know Thieves are working extra hard this tax season to steal your information and access your accounts. These cybercriminals use email and phone scams to trick taxpayers into revealing valuable information. In a tax safety article, “Don’t take the bait”, the Internal Revenue Service (IRS) says,
Run Time: 5:23 AI Actuaries and the Next Frontier in Insurance (No Ratings Yet) Loading… 1,368 views Close Embed Video Use the below code to add this video to your website. AI is moving beyond pricing models to transform insurance operations—especially claims, where automation can cut costs, speed decisions, and
Oh no! It’s nearing the end of another year of commercial insurance, which means another premium audit needs to be completed. You start to panic. Do you have all the right documents? Will the process take a long time? Despite their intimidating reputation, premium audits don’t have to scare you.
After a disaster, fraudsters and scam artists often arrive quickly. The Iowa Department of Insurance and Financial Services has 10 tips for how to protect yourself and your hard-earned money. Contact your insurance agent or insurance company representative about your options for filing an insurance claim. Your insurer will inspect
You can get your jewelry insured in one of two ways: through your property insurance or through a specialized jewelry insurer. If you go through your home, condo, or renters insurance, you should “schedule” your jewelry (also known as adding a rider to your policy) to make sure the piece
Run Time: 17:28 EP. 108: How Agentic AI is Supercharging the Insurance Workforce (+1 rating, 1 votes) Loading… 997 views Close Embed Video Use the below code to add this video to your website. In this episode, John Kain, director of financial services market development at AWS, shares how insurers
