insurance industry News

Outgoing Kansas Commissioner Tenure Marked by Industry Growth

Kansas Insurance Commissioner Sandy Praeger says the insurance industry has grown from an $11 billion industry to a $17 billion one during the time she has been in office. Praeger, who chose not to run for re-election this year, began …

Insurance Industry Set to Experience a Major Talent Gap

In less than a decade, the insurance industry is set to experience a major talent drought when a large portion of baby boomers retire. According to Insurance Business America, one-quarter of the insurance workforce is set to retire by 2018. …

Survey Finds Insurance Industry Slow to Embrace Women

According to a recent Insurance Industry Charitable Foundation survey of over 800 female members of the insurance industry, just one quarter of respondents (26 percent) feel that the insurance industry is more embracing of women in leadership positions as compared …

The Future of Drone Use in the Insurance Industry

After a catastrophe hits, mobile units filled with adjusters are on site to evaluate property damage. Flash forward five years and an insured may never meet the property adjuster handling his or her claim. Instead, a drone is sent to …

Insurance Industry Response Expedited Earthquake Recovery: Marsh

The global insurance industry’s response to major earthquakes in Chile, Japan, and New Zealand played a significant part in each nation’s recovery process, according to new research published by Marsh. The Marsh Risk Management Research briefing, Comparing Claims from Catastrophic …

Insurance Sector Rounds Out 2013 With Significant Job Growth

Although the insurance industry got off to a rocky start in the beginning of 2013 by the end of the year the industry saw considerable in insurance job growth. InsuranceJobs.com, an insurance employment website for insurance professionals, provided an overview …

Insurance Symposium Set in Des Moines Next Year

Iowa officials say a new insurance symposium set for next year is aimed at bringing top industry experts to Des Moines. Iowa Insurance Commissioner Nick Gerhart tells The Des Moines Register that the two-day Global Insurance Symposium will attract industry …

Shotguns, Oscar Gowns and Giraffes, Oh My!

Just in time for Halloween, Enservio’s consulting founder, Tom Kirkpatrick, who’s worked as an adjuster, SIU investigator and contents expert/consultant, shares some of the strangest claims he’s encountered during his 35 years in the insurance industry. Kirkpatrick once worked on …

Expecting the Unexpected: Five Questions to Consider When Ramping Up Your CAT Staff

When disaster strikes, your organization’s response is only as good as your workforce. Timing is everything and you need to be staffed for the unexpected. How can you assess your human capital situation to be sure you’re ready? According to …

Top 10 Risks for Insurers: Report

As insurers adjust to a new environment of lower asset returns and stricter regulation, macroeconomic trends and a slow growth rate top the industry’s risk agenda, according to a new report released by Ernst & Young, “Business Pulse: Exploring the …