Your Underwriter Says You Need a CPA-Prepared Statement. What Now? Part III
This post is part of a series sponsored by Old Republic Surety. Construction accounting is complex. Getting guidance on the expected time and capital investment, as well as a clear understanding of the role of a CPA in preparing compiled, reviewed or audited statements is imperative. In Part 3 of this three-part blog, Kelly Kimmel, […]
Three key levers to reinvent insurance customer relationships | Insurance Blog
In today’s competitive landscape, the lines between product and price offerings among Asian insurers are blurring, compelling companies to find innovative ways to capture customer attention and secure their business. As a result, customer engagement and experience have become paramount to success. Despite insurers’ efforts to prioritize customer-centric approaches and personalized experiences, a staggering 74% […]
Common PaaS security risks and how to manage them
Building and managing applications from scratch is complex, which is where platform-as-a-service (PaaS) solutions come in. PaaS companies offer ready-made platforms to create, manage, and run applications — allowing businesses to save time, reduce costs, and scale their applications quickly without the traditional headaches of app development. As with any technology, however, PaaS can come […]
Florida Tort Reform: Happy Second Birthday
March 24 will mark two years since Republican Florida Governor Ron DeSantis signed tort reform measures into law. HB 837 took direct aim at an epidemic of litigation, the factor most responsible for steep increases in homeowners’ insurance rates and the failure of some Florida insurers. One statistic is enough to tell the story: although […]
Allstate Helping Southern California Customers, Communities Recover from Wildfires
Allstate is here to help Southern California customers. Customers can file their claim now: Allstate policyholders affected by the wildfires can file their claim by visiting a mobile claim center, using the Allstate® Mobile app, logging on to Allstate.com, calling 1-800-54-STORM, or contacting any Allstate agent. Home claims: Customers can use their mobile devices or desktops to share images […]
5 predictions for the insurance industry in 2025 | Insurance Blog
The insurance industry faces major changes in 2025. Demographics, climate impacts and geopolitical change are shifting the landscape—literally and figuratively—and will push insurers to adapt. Faced with new opportunities and risks we expect the industry to challenge orthodoxies and spark reinvention. 1. The aging population becomes the dominant industry force. Longer life spans and lower fertility […]
Return of the Jed-AI: January 2025 Newsletter
Another year, another AI platform making headlines. Admittedly, we had to do a double-take when we saw news of DeepSeek come out — we initially thought we were reading about the deep freeze temps that hit the southern states this month. Many of us probably didn’t want to start the new year with deep freezes […]
What is Insurtech and How is it Transforming the Insurance Industry?
This post is part of a series sponsored by Darkhorse Insurance. This remarkable transformation is challenging the status quo and pushing the boundaries of what is possible in insurance. Insurtech is not just a buzzword; it is a dynamic and innovative response to the evolving needs of an increasingly tech-savvy and data-driven world. In this […]
The Allstate Corporation announces availability of fourth quarter 2024 results
NORTHBROOK, Ill., Feb. 5, 2025 – The Allstate Corporation (NYSE: ALL) has filed a Form 8-K reporting its financial results for the quarter ended Dec. 31, 2024. You can find the Form 8-K, including the earnings release and investor supplement, on the company’s page at sec.gov. These materials are also now available at www.allstateinvestors.com, including […]
3 life insurance underwriting predictions for 2025 | Insurance Blog
Fueled by rapid technological advancements, demographic changes and shifting consumer expectations, the Life & Annuity industry is set for several transformative changes in 2025. Swiss Re forecasts average global real premium growth of 2.6% in 2025 and 2026, with life insurance projected to expand globally by 3% annually— more than twice the pace of the […]