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.
December 09, 2020
UBI auto insurance market poised to grow nearly 25%More than 30% of consumers are showing interest in UBI coverage as they are driving less due to the pandemic.
December 07, 2020
State of the P&C insurance market in Q3 2020Burns & Wilcox notes the insurance market continued to harden while capacity remained tight but not scare as carriers deployed resources more strategically.
November 25, 2020
GM to leverage customer data in new insurance businessThe carmaker believes its unique vehicle knowledge and technology will provide fairer and more personalized services to insurance consumers.
November 16, 2020
FHA proposes allowing private flood insurance optionThe FHA says the proposal could provide new options for 3% to 5% of FHA borrowers.
November 06, 2020
Lloyd's of London releases plans for 2021 growth, digital strategyBlueprint Two outlines the next phase of Lloyd's strategy to build the world's most advanced insurance marketplace.
November 05, 2020
Responding to New York building risks in firming P&C marketIt is likely that challenging conditions in the P&C market will continue throughout 2020 and 2021.
November 02, 2020
How to expand your book of business through existing clientsTo achieve ongoing success in insurance, mind how you partner with other trusted advisors and make the right digital investments.
October 16, 2020
The construction insurance market faces rising uncertaintyHere are the hot topics for building and construction insurance and risk pros attending IRMI's Virtual Construction Risk Conference Oct. 19-20, 2020.
October 06, 2020
A look at 2020's construction risk, insurance marketConstruction is an industry that may experience the delayed impact of pandemic-driven financial hardships.
October 01, 2020
Allstate cuts 3,800 jobs in 'revamp'The cuts will help 'create a more competitive auto insurance price,' says CEO Tom Wilson.