Christian Grandy | Introhive | July 9, 2019 Are you a leader or are you a follower? Over the past few years, insurance giants have pulled ahead in their digital transformation efforts, rolling out new features that improve the customer experience, optimize back-end efficiencies, and create a framework for ongoing innovation. The stakes around digital… Continue reading Digital Transformation in Insurance: Pull Ahead of the Pack
Category: Insurance
Nobody Seems to Know Why Hail Storm Losses Suddenly Began Rising in 2008
Brian K. Sullivan | Insurance Journal | June 17, 2019 In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country’s losses from hail breached $19 billion in inflation-adjusted dollars that year, far exceeding… Continue reading Nobody Seems to Know Why Hail Storm Losses Suddenly Began Rising in 2008
Pending California Property Insurance Legislation – A Continued Expansion of Insured’s Rights
Victor Jacobellis | Property Insurance Coverage Law Blog | June 23, 2019 The string of natural disasters that struck California in 2017 and 2018 resulted in new legislation expanding the rights of California policyholders. The California legislature has drafted and introduced new legislation that would continue to expand policyholders’ rights. Pending legislation is summarized below.… Continue reading Pending California Property Insurance Legislation – A Continued Expansion of Insured’s Rights
Florida Creates Right of Contribution Among Liability Insurers for Defense Costs
John David Dickenson and Chad Pasternack | Cozen O’Connor | June 20, 2019 The Florida Legislature recently created a right of contribution among liability insurers for defense costs. Prior to the enactment of this legislation, it was long the law in Florida that there was no right to contribution among co-primary insurers. Without a right… Continue reading Florida Creates Right of Contribution Among Liability Insurers for Defense Costs
The Best Insurance Lawyers Study Insurance Practices and Not Just Insurance Law
Chip Merlin | Property Insurance Coverage Law Blog | June 21, 2019 The best insurance lawyers are students of the insurance industry rather than just students of insurance law. I learned this truth from insurance claims expert Gary Fye and the late Eugene Anderson. Let me paraphrase what Anderson used to tell me, ‘for the same… Continue reading The Best Insurance Lawyers Study Insurance Practices and Not Just Insurance Law