Instant Insights / The Business of Insurance

What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.

Commentary

The insurance industry's role in economic recovery

This is a pivotal moment for our industry.

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The author argues that the coming year could be one of the insurance industry's finest moments. (Illustration: FGC/Shutterstock.com)

Since the start of 2021, I’ve been consumed with thinking about economic recovery in the U.S. and the insurance industry’s role.

On January 21, President Joseph Biden issued an executive order that uses the Defense Production Act to secure the supplies needed to combat the COVID-19 pandemic. The insurance industry won’t be a part of that, so we need to find different ways to step up.

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