Category Archives: Insurance

Insurance Call Centers

The insurance industry has been plagued with call-center problems for the better part of a decade. Consider the 2008 report from Genyses Worldwide, “Customer Service Strategies for the Insurance Industry,” which found that mishandled policyholder phone calls was a leading … Continue reading

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Who’s leading in Commercial Auto? Workers’ Comp? Cybersecurity?

National Underwriter’s Top 100 and Heads of the Lines lists — the data for which is provided by S&P Global Market Intelligence — today offer a look at which P&C groups are premium leaders in 11 key lines: Private Auto, … Continue reading

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Universal Life Sales up 64%

Policies with secondary guarantees accounted for 64% of UL sales Universal life insurance policies with long-term care riders may have accounted for 24% of premiums from new U.S. UL sales in 2016, according to analysts at Milliman The percentage of UL … Continue reading

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Does Homeowners Insurance Cover Solar Panels?

Anyone financing a home purchase knows that the bank wants to see adequate insurance on its collateral. Of course, what is sufficient for a lender may not be sufficient for the owner. Myriad homeowners policies contain a sea of coverage … Continue reading

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Breach Fatigue

Study finds evidence of ‘breach fatigue’ as more recent data breaches have less of an impact on stock performance A data breach can have immediate and long-term implications for a company in terms of consumer trust and regulatory repercussions, but … Continue reading

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How Storms affect Insurance Companies

Three significant storms combined to put a big dent in the first-quarter profit of the nation’s property and casualty insurers. P&C insurers saw net income after taxes drop to $7.7 billion in 1Q 2017 compared to $13.4 billion for the … Continue reading

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Insurance Wallet

There is a new group that just launched on Facebook and it is called Insurance Wallet. We expect big things to come from this group with Big Ideas from Industry Leaders from all over the world. If you would like … Continue reading

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Can your driving habits save you money?

Could usage-based insurance save you money? Many auto insurers are offering usage-based policies that base your premium partly on how much or how well you drive. Here are three things to know when deciding if this type of policy is … Continue reading

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Life Insurance and Medical History Facts That You Don’t Know

You know you need life insurance to financially protect your family and loved ones. But you’re worried about passing a physical exam or that your family’s medical history means you’ll have to pay too much for coverage. Maybe your father … Continue reading

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Apple gets in the Self-Driving World

Apple along with the iPad and iPhone have decided to test out the self-driving car world. How will this affect car insurance? Will the price go up or go down? Apple’s using a Lexus RX450h SUV for its autonomous vehicle … Continue reading

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