Caught between the Devil and the Deep Blue Sea
P&C Specialist has an important article about how State Farm is intensifying is aggressive auto insurance pricing strategy which has lost tens […]
When the workplace has no walls: Risk management must address the remote revolution
It’s getting harder to tell where work ends and risk begins. A recent article from PropertyCasualty360 outlines how the post-COVID work environment […]
State Farm finally turns the corner but faces a long-term problem
P&C Specialist highlights State Farm’s recent return to profitability, marking a positive shift during an exceptionally strong year for the industry. However, […]
The Accident Date Switcheroo
Much of the excess personal auto losses that carriers incur involved manipulations after the policy is bound. One such ‘cheat’ is when […]
Where’s Progressive?
P&C Specialist recently published a list of the most sued insurance companies in the United States. Several State Farm units lead the […]
Three AI Mistakes We See Insurance Carriers Making
Insurance carriers typically make three mistakes when implement AI
Fast Isn’t Always Smart: Why high speed Claims Tech puts the cart before the horse
Every few years, insurance circles back to the same promise like it’s breaking news:“Faster claims. Faster payments. Happier customers.” And every few […]
Why is personal lines underwriting so technologically backward?
Why is there so little personal lines insurance carrier investment in underwriting automation? After all, matching risk to rate is the fundamental […]
You can’t always price right
Weak risk selection forces carriers to be pricing prophets. P&C Specialist reports on the amazing range of personal auto loss ratios being […]
The storm exposes the risk. But are you ready for it?
Another catastrophe, another headline. This time, California is investigating State Farm’s handling of wildfire claims – scrutinizing delays, denials, and service breakdowns […]
Auto insurance risks are changing rapidly; to survive, carriers must get far better at picking risks
In nature, the ones that survive aren’t the biggest or strongest. They’re the ones that adapt the fastest. And in an accelerating […]
The digital market is here, you need digital armor to compete
JD Power recently reported some surprising news: 47% of all auto policies are now transacted digitally, with another 17% through call centers. […]
