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While technology has made it inarguably easier for consumers to purchase policies direct online from an insurer, one insurance executive says he is doubling down on agents, giving them increased underwriting and claims authority.
While the goal of the Common Framework for the Supervision of Internationally Active Insurance Groups is to reduce complexity, cost and redundancies in the regulatory process, panelists at a recent forum opined that the initiative is headed in the wrong direction.
While the goal of the Common Framework for the Supervision of Internationally Active Insurance Groups is to reduce complexity, cost and redundancies in the regulatory process, panelists at a recent forum opined that the initiative is headed in the wrong direction.
In the face of new technology and insurers offering coverage to customers direct, agencies face challenges, but the threat from this new reality is to the agents traditional business model, not necessarily to their existence.
Toyota Motor Corp eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
Toyota Motor Corp eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
VIDEO: How risk management creates opportunities for the wind turbine industry, one of the most widely-used sources of alternative energy, to develop and grow.
In one of his last public statements before stepping down as CEO of Philadelphia Insurance Cos. on Jan. 1, Jamie Maguire shared some of the strategies that help set his company apart.
Just a month after all the ballots were counted, insurance-industry panelists at the 23rd annual Executive Conference tried to make sense of this years election results.
Just a month after all the ballots were counted, insurance-industry panelists at the 23rd annual Executive Conference tried to make sense of this years election results.
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