Technology News for Insurance Agencies

California wildfires to cost insurers over $4.6 billion, Moody’s reports

Fri, 20 Oct 2017 13:40:00 -0400

The wildfires in northern California are expected to be among the costliest ever for P&C insurers, according to a new Moody's report.

Bundling home & auto insurance could save up to $322 per year, new study says

Fri, 20 Oct 2017 11:30:00 -0400

A new study by insuranceQuotes reveals in which states policyholders save the most by bundling their home, auto, renters or condo insurance.

Accidents happen: Here's how technology can help keep remote workers safe

Fri, 20 Oct 2017 07:00:00 -0400

A growing mobile workforce creates unique safety challenges for businesses.

Capital requirements for insurance: What they are, why they matter

Fri, 20 Oct 2017 06:00:00 -0400

Capital requirements for insurers are currently undergoing far-reaching changes across numerous jurisdictions.

3 ways data science is changing commercial underwriting

Thu, 19 Oct 2017 12:30:00 -0400

One of the great ironies of the insurance industry is that it was among the first to embrace analytics but has become known for its reluctance to adopt technological innovations.

5 dated insurance business tools, technologies

Thu, 19 Oct 2017 00:00:00 -0400

Accelerating insurance industry innovation will mean moving away from the same old business processes.

CNN awarded first FAA waiver allowing drone flights over crowds

Wed, 18 Oct 2017 12:05:00 -0400

The small device that was approved, a Snap drone, has internal rotors and is designed to break apart in the event of a crash to prevent injuries.

Cyber risk and reputational harm

Wed, 18 Oct 2017 10:00:00 -0400

Is reputational damage caused by a cyber attack covered?

CallVU study: Today's consumers prefer digital customer service

Wed, 18 Oct 2017 06:15:00 -0400

Most people still prefer making a telephone call when it comes to customer service. But the number of digital adopters is inching up.

Science leads the way for a tidal wave of disruption

Wed, 18 Oct 2017 06:00:00 -0400

As new technologies and consumer trends create new risks, digital tools can help insurers adapt.

NU Agency of the Year Award, Curabba Agency: Classic values, new tactics

Wed, 18 Oct 2017 01:00:00 -0400

Learn how a small-town, old-fashioned insurance agency tweaked its business model to compete in the digital age.

Oh, deer! What drivers should know about animal collisions

Wed, 18 Oct 2017 00:00:00 -0400

One-third (34%) of all animal collision comprehensive claims are filed during the fall, according to Farmers Insurance.

Smartphones are killing Americans on the roads, but nobody’s counting

Tue, 17 Oct 2017 12:46:00 -0400

There are many reasons to believe mobile phones are far deadlier than NHTSA spreadsheets suggest. Some of the biggest indicators are within the data itself.

Understanding how property is valued after a fire

Tue, 17 Oct 2017 06:30:00 -0400

When the wildfire smoke clears along the Pacific coast, property insurance policyholders will be faced with filing claims that may be complicated by California's status as a 'valued policy' state.

Why P&C agents never fail to impress

Tue, 17 Oct 2017 05:30:00 -0400

What prompted NU's editor-in-chief to create an awards program for independent P&C insurance agencies?

Cyber risk management a top priority as companies prepare for GDPR, study says

Mon, 16 Oct 2017 16:33:00 -0400

A new report says cyber risk management is both a cause and consequence of GDPR compliance as the new regulation is set to take effect May 2018.

Oil rig explodes on Louisiana's Lake Pontchartrain

Mon, 16 Oct 2017 15:00:00 -0400

An oil rig exploded on Louisiana's Lake Pontchartrain Oct. 15, raising specters of the Deepwater Horizon oil spill in April 2010.

Who’s using what in P&C insurance: Oct. 16, 2017

Mon, 16 Oct 2017 12:15:00 -0400

News that IBM is working with MetLife and Majesco on a cloud-based insurance platform is proof that collaboration is the name of the game in InsurTech.

NU Agency of the Year Award, G&N Insurance: Earning success, one bobblehead at a time

Mon, 16 Oct 2017 11:30:00 -0400

Using social media effectively for branding helps keep G&N Insurance growing and thriving. And giving away personalized bobbleheads doesn't hurt either.

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