As insurers navigate a complex risk landscape and adopt advanced technologies for greater operational efficiency, there’s still room for improvement in the renewal process, especially as…
The competitive landscape of Property & Casualty Insurance requires insurers to stay ahead of the game when it comes to serving the needs of customers and…
The evolution in the sophistication of risk data analysis has made considerable progress in supporting underwriters in what they do best – assess risk and do…
High-severity fire losses caused by undisclosed wood-burning stoves. There was an inability to find undisclosed and newly installed wood-burning stoves for loss mitigation and premium adjustment,…
No one in the insurance is unaware to the headlines about major insurance carriers reducing their presence in certain markets and either leaving markets entirely or…
Litigation is a BIG deal for Insurers. Carrier Management reported in June the 2023 the Insurance Litigation Report released by Lex Machina revealed insurance cases increased…
Non-weather water damage claims are a big problem for insures and have continued to be the second leading cause of home insurance claims since 2016. Although…
Auto insurers are feeling enormous pressure from inflation and other economic conditions playing out in the US market. Fraudulent accident claims or scams and auto thefts…
As of 2024, Citizens had over 1 million residential properties eligible for takeout.Given this large portfolio, there are certainly attractive policies within Citizens for insurers to…
