ReSource Pro, a leading strategic operations partner to insurance organizations, today released new primary research titled “The Future of Embedded Insurance: Disruptor or Distraction?,” marking the 300th report delivered to the P&C community via its research practice, ReSource Pro Insights.
Category: Show on Homepage
Survey Says: Companies Need to Build Up Workplace Trust
A recent survey, 2024 Workplace Culture Outlook, from Emtrain, analyzed 100 million microsurvey responses over the past 16 months from over 500 organizations, and two results stood out. T
Trusted Choice Survey: How Agents Are Adapting to the Hard Market
How are independent insurance agents adapting to the hard market? Trusted Choice® examined that question in-depth in its newly released report, “Navigating the Hard Market: How Independent Agencies Are Reacting.” Client communication, retention, technology and team morale are among agents’ top priorities, according to the report, which was based on responses from 225 agents operating in varying agency sizes, experience and lines of business.
Millions of Consumers Lack Vital Homeowners Insurance, Resulting in $1.6 Trillion in Unprotected Market Value
A new report by Consumer Federation of America (CFA) reveals that over six million homeowners lack homeowners insurance, leaving them dangerously unprotected from natural disasters and other significant damage that might happen to their homes.
Best’s Special Report: Rating Downgrades in U.S. P/C Insurance Segment Outpace Upgrades in 2023
Credit Rating (rating) downgrades on U.S. property/casualty insurance companies rose to 55 in 2023 compared with 30 in the previous year given the challenging conditions in the personal lines segment, according to a new AM Best special report.
U.S. Container Imports Robust in February
February’s U.S. container import volumes decreased 6% from January — a better-than-expected performance as the sector enters its slow season. But other signs point to potential softness in domestic freight in March and April.
USQRisk and Ascend Analytics Close Breakthrough Energy Storage Insurance Structure to Encourage Clean Energy Investment
USQRisk, LLC and Ascend Analytics, LLC announce the launch of an innovative solution to provide more efficient financing for utility-scale energy storage projects.
Nvidia Faces Lawsuit from Authors Over Alleged Copyright Infringement in AI Models
Tech giant Nvidia is facing a lawsuit from a group of authors who said it used their copyrighted works without their permission to train its artificial intelligence (AI) platform NeMo.
How Recent Legislation Impacts the P&C Industry
Recent legislative efforts have increasingly focused on enhancing consumer protections within the insurance sector. These efforts include measures to improve transparency in policy terms and conditions, more stringent requirements for claims processing, and enhanced rights for policyholders during disputes. For insurers, it means adapting operational practices to comply with new standards, which may involve investing… Continue reading How Recent Legislation Impacts the P&C Industry
Judge Blocks U.S. Labor Board Rule on Contract and Franchise Workers
A federal judge in Texas on Friday struck down a U.S. National Labor Relations Board (NLRB) rule that would treat many companies as employers of certain contract and franchise workers and require them to bargain with unions representing them.