New CDC Numbers Raise Concern for Health, Workers Comp Insurers

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Between June and August, the CDC says, COVID-19 was most prevalent in people between the ages of 20 and 29. The Centers for Disease Control and Prevention this week provided new data on the spread of COVID-19 that diverges sharply from past reports and is something health and workers  compensation insurance providers will want to […]

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Fed’s Rate Move Portends Long-Term Challenges for P/C Insurers

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Dr. Steven N. Weisbart, CLU, Triple-I Senior Vice President and Chief Economist “The FOMC’s action will likely keep longer-term rates exceptionally low for several years more.” The Federal Open Market Committee (FOMC) of the Federal Reserve Board  recently spelled out its objectives and strategies for at least the next several years—describing a financial framework they […]

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How can insurers support remote work in the cloud?

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The COVID-19 pandemic has shown North American insurers that remote working can lead to increases in productivity and efficiency gains. But it’s also highlighted deficiencies in current technology infrastructure and organizational culture. That means it’s time to take a good hard look at exactly how to best support the future workforce.  If insurers want to… […]

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Insurers look to innovation to help them woo customers

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The COVID-19 pandemic has brought home to insurers the vital importance of staying close to their customers. They need to quickly detect the changing needs of policyholders and promptly deliver solutions tailored to meet their new circumstances.  At this year’s Efma-Accenture Innovation in Insurance Awards a variety of carriers, intermediaries and insurtech firms displayed solutions designed to build close relations… […]

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Insurance News: Insurers facing stormy weather and markets

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September often brings a sense that things are returning to normal. Vacation season ends, and families send children back to school. For many of us, that longing for normal may not be satisfied quickly. In this month’s Insurance New Analysis, Natalie de Freitas and I discuss: mixed earnings reported by insurers and what they mean… […]

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Insurers Respond to COVID-19 (9/2/2020)

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U.S. insurers and their foundations by June 2020 had donated about $280 million in response to COVID-19, the Insurance Information Institute (Triple-I) estimates based on information collected by the Insurance Industry Charitable Foundation (IICF) International insurers and their foundations donated an additional $150 million. U.S. auto insurers have  returned more than $14 billion to their […]

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