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Use of Social Media in Underwriting Just Starting
Publicly accessible profiles on social networking sites such as Facebook and MySpace represent data insurers can potentially use for claims and underwriting ...
Lockton: Some C/L P/C Sectors “Transitioning” to Hardening
The insurance market for construction firms, architects and engineers appears to be hardening, according to the latest Lockton Market Update
Farmers Insurance Withdraws Its Climate Change Lawsuit
Farmers Insurance Group, which filed nine class actions in May against nearly 200 communities in the Chicago area, is withdrawing its lawsuit.
Agent to Agent: How Your Agency Can Find and Keep Great Employees
Finding the right employees for your agency is difficult...
The Best and Worst States for Drivers
The best state for drivers in terms of gas and insurance costs, short commute times, and low car-theft rates is Idaho, while the worst state for drivers is ...
Insurance Broker Dies in Fall During Braves-Yankees Game
Gregory Murrey, who founded a managing general agency and wholesale brokerage in Georgia, died after falling from an upper deck at Turner Field in Atlanta ...
New York Health Insurer Hacked
Excellus BlueCross BlueShield revealed Sept. 9 that it's computer systems and those of its affiliates were breached, exposing data from more than 10 million ...
Insurance Industry Has Key Role in Cybersecurity
Speaking at the Center for Strategic and International Studies, U.S. Treasury Deputy Secretary Sarah Bloom Raskin said that the insurance industry has a key ...
Traffic Deaths Jumped During First Half of Year
Data from the National Highway Traffic Safety Administration shows a dramatic increase in traffic deaths during the first half of 2012, after six years of ...
P/C Insurers Profits Jump in First Half as Disaster Losses Fall
Data from ISO and the Property Casualty Insurers Association of America (PCI) reveals that U.S. property/casualty insurers’ net income after taxes increased to ...
Law Would Allow Drivers to Pay Fees to Avoid Points
New Jersey motorists could soon pay higher fees instead of getting points on driver’s licenses under a bill that has advanced through the state’s Senate ...
PIA Statement on Extension of NFIP until July 31
PIA National is pleased that the National Flood Insurance Program (NFIP) has been extended in H.R. 1625, the vehicle for the fiscal 2018 omnibus appropriations ...
Older Drivers Seek Cars With High-Tech Safety Features
MIT’s AgeLab and The Hartford recently found that 76 percent of Americans age 50 and older who plan to shop for a vehicle in the next two years will actively ...
Analysts: Lloyd’s Likely Early Loser From Brexit
Some analysts say Lloyds of London is likely to be an early loser as the result of the UK’s vote to leave the European Union, as some insurers that use its ...
Things People Lie About Most on Their Car Insurance
A new report by Verisk Insurance Solutions reveals that lies and honest mistakes by customers and insurance agents cost automobile insurers an estimated $29 ...
Driverless Cars to Shift Liability
Lexis Nexis Risk Solutions director of telematics David Lukens says that with self-driving cars closer to reality than expected, insurers need to step up their ...
PIA at NAIC Summer Meeting; P/C, Healthcare Issues On Tap
PIA National is participating in the summer meeting of the National Association of Insurance Commissioners (NAIC) in Atlanta August 11-14
Minnesota Insurance Exchange Survey Finds Broad Support for Agents
When the state of Minnesota hired a firm to survey residents’ attitudes about health insurance, it found that people really like their health insurance agents
Some California Homeowners Lose Coverage
Some California homeowners face policy cancellation or significantly higher rates after the 2017 wildfire season as insurers reassess their risks in areas ...
U.S. P/C Insurance Outlook Remains Stable
A.M. Best is maintaining a stable outlook on the personal lines segment of the U.S. property/casualty industry for 2018...
P/C Industry Reports First Underwriting Profit in Four Years
A relatively quiet year for catastrophes helped the U.S. property/casualty industry achieve an underwriting profit for the first time in four years, according ...
Louisiana Commissioner Blames High Auto Rates on ‘Ambulance Chasers’
At a Feb. 17 speech at the Press Club of Baton Rouge, Louisiana Insurance Commissioner Jim Donelon discussed the state’s comparatively high auto insurance ...
PIA 2014 Federal Legislative Summit March 26-27
PIA members will reconnect Main Street with Capitol Hill when they convene March 26-27 in Washington, D.C., for the 2014 PIA Federal Legislative Summit...
PIA National Director Keith Savino Voted Chairman-elect of NetVU
Keith Savino, partner and chief operating officer of WRG in Warwick, New York, has been voted chairman-elect of NetVU, the network for users of Vertafore ...
Older Drivers are Much Safer, Insurance Group Finds
Saying that someone “drives like an old person” is no longer a criticism, it’s a compliment...
PIA Member Webinar: Closing the Gap – Growth & Profit
The PIA Partnership is hosting a webinar to help PIA members learn about their newest tool, Closing the Gap – Growth & Profit...
What Does SCOTUS Gay Marriage Decision Mean for Agents?
Announced on June 26, the U.S. Supreme Court's ruling legalizing gay marriage in all 50 states will have practical impacts on insurance...
Driving Is Dangerous on Super Bowl Sunday
The California Department of Insurance is urging party-goers to plan ahead for Super Bowl Sunday (Feb. 1) with a designated driver or sober ride, if they ...
Cyber Insurance May Not Cover Cyber Terrorism
The recent attack on Sony Pictures Entertainment has drawn significant attention to cyber risk insurance policies and what they cover, but if it is determined ...
Insurance Agent Moves Up to #7 on Best 100 Jobs List
Hot on the heels of the most recent jobs report showing a nationwide unemployment rate of just 5.6 percent, U.S. News & World Report released its annual review ...