Millennials are much more likely to view AI as a positive development in property/casualty insurance compared to other generations, according to a new report that underscores contrasting perspectives of different generations toward AI technology and its impact on insurance. The …
Uneasiness and pessimism abound among the majority of the world’s population. Deloitte has released its Global Millennial Survey of 13,416 Millennials (born between 1983 and 1994) spread across 42 countries and 3,009 Gen Z respondents (born between 1995 and 2002) …
Staffing firm Robert Half was recently asked to fill a financial analyst job for a reason that would’ve been unimaginable back in 2008. Its Los Angeles-based client had already made a hire, but the would-be employee failed to turn up …
According to the latest Travelers Risk Index, 52 percent of consumers say they think the world is getting riskier, down from 63 percent when the survey was launched in 2013. The 2017 index identifies the overall perception of risks for …
The insurance and risk management fields are professions with legions of rapidly-retiring older employees, and they struggle to hire and keep promising new, and younger ones. How to accomplish this? Customized training is one way to do this, a millennial …
Insurance carriers today are struggling to keep up with the rising cost of third party auto claims. While there are multiple factors driving up costs, there are three primary problems that stand out – complex industry trends, inconsistent evaluation and …
Despite an improving job market, workers are still experiencing high levels of stress, according to the 2016 ComPsych StressPulse report, “Stress and Generational Differences Among Workers.” Looking across three different age groups – Millennials, Generation X and Baby Boomers – …
The number of pedestrians in Houston, Texas, who have been struck and killed by cars has spiked this year – already 31 percent higher than the total for all of 2015 – according to police. At least 71 pedestrians have …
When it comes to preparing for the future, Millennial small business owners are seemingly the most concerned generation in recent history. They are more likely than Gen X or Baby Boomers to have plans for natural disasters, retirement benefits, cyberattacks …
With nearly 400,000 employees expected to retire from the insurance industry workforce within the next few years, according to the U.S. Bureau of Labor Statistics, its incumbent on carriers to consider the ways in which they communicate with and recruit …