$31K gone in seconds: Why cyber insurance is no longer a ‘nice to have’ – it’s a strategic necessity

K gone in seconds: Why cyber insurance is no longer a ‘nice to have’ – it’s a strategic necessity

The phrase “$31K gone in seconds” highlights the speed and severity of cyber threats, particularly for high-net-worth individuals (HNWIs) and businesses. Cyber insurance has become a strategic necessity due to the rising frequency and sophistication of cyberattacks, such as phishing, ransomware, and fraudulent fund transfers. A real-world example involves a crypto investor losing over $30,000 … Read more

The definitive compensation compass for US insurance agencies and brokerages

The definitive compensation compass for US insurance agencies and brokerages

The dashboard – now live – provides a clear view of salary trends for key roles in insurance agencies and brokerages across the US, including average, median, and percentile wages by occupation, state, and year for both broad and detailed compensation analysis. Definitive Compensation Compass for US Insurance Agencies and Brokerages Overview The following provides … Read more

‘The art of underwriting’: Why accountability is key in ICAT’s culture

‘The art of underwriting’: Why accountability is key in ICAT’s culture

‘The Art of Underwriting’: Why Accountability is Key in ICAT’s Culture Broomfield, CO – August 7, 2025 — At the International Catastrophe Insurance Managers (ICAT), a leading underwriter of catastrophe insurance since 1998, accountability is more than a buzzword—it’s the cornerstone of a culture that drives disciplined risk management and innovative underwriting. With a mission … Read more

‘Not Just a Tool – a Transformation’: How AI Is Rewriting the Insurance Playbook

‘Not Just a Tool – a Transformation’: How AI Is Rewriting the Insurance Playbook

July 7, 2025 The insurance industry, long perceived as a slow-moving giant tethered to legacy systems, is undergoing a seismic shift driven by artificial intelligence (AI). Far from being just another tool in the toolkit, AI is redefining how insurers operate, interact with customers, and manage risks, creating a more efficient, customer-centric, and innovative landscape. … Read more

Your Auto Customers Aren’t Loyal, Says New Study: Gen Z Leads the Pack

Your Auto Customers Aren’t Loyal, Says New Study: Gen Z Leads the Pack

A seismic shift is rocking the U.S. auto insurance industry, with customer loyalty plummeting to historic lows, according to the 2025 U.S. Auto Insurance Trends Report from LexisNexis Risk Solutions. The study, released on June 16, 2025, reveals that policy shopping and switching rates soared in 2024, driven by premium sensitivity, aggressive marketing, and digital … Read more

Insurance USA News – Liability Insurance Helps Individuals and Businesses

There are many kinds of liability policies to protect individuals as well as businesses and other organizations against the possibility of causing damage to other people’s property, bodily injury or death. And such plans essentially are divided among two general types – personal and commercial. Among common types of personal liability coverages are those for … Read more

Insurance USA News – Commercial Insurance Quote Overview: An Introduction to Bu…

If you’ve recently started a new business, it’s time to start looking for a commercial insurance quote. New businesses owners tend to be optimistic and therefore don’t consider the risks associated with running a business that could potentially lead to a lawsuit. What if someone gets hurt on your property? What if someone tries to … Read more

Insurance USA News – Employees Overseas Need International Health Insurance

When we think of some of the most popular computers, electronics and automobiles, “Sold in the USA” is rapidly replacing “Made in the USA” as the new norm. While the expansion of many US corporations slowed as a result of the recent recession, business is booming for emerging markets around the globe. Multi-national corporations competing … Read more

Insurance USA News – Facts About a Police Checkpoint and Drivers Under the Infl…

An Auto Insurance Notification Whether it is alcohol or drugs, driving under either influence can be a death sentence for the driver, passengers and the occupants of any other car that is on the same road. DUI checkpoints are also known as sobriety checkpoints. Because of the deadly risks with driving under influence of drugs … Read more

Insurance USA News – 4 Reasons Why You Need Life Insurance in College Itself

Life is full of uncertainties and we can never know what life has planned for tomorrow. And students are no different in that. Even if you are a student that doesn’t mean that you are immune from the unwanted events of life. Life insurance policies protect you and your loved ones against the uncertainty of … Read more