Increasing competition means agents and brokers will need to leverage new ideas and innovation to succeed.

Parametric insurance offers financial protection against losses that are often hard, or even impossible, to get insurance for in some instances.

The suit was part of a growing trend to implicate large motor carriers when small motor carriers have limited commercial auto and primary coverage.

Personalizing the claims experience is one of the primary opportunities available to insurers.

Business owners are realizing that they are either uninsured or vastly underinsured for cyber protection.

Companies can implement specific procedures to help mitigate the impact of some phishing and cyberattacks.

Insurers that suffer a cyberattack could encounter financial losses, business disruptions and reputational damage, the same losses their policyholders would experience.

Supply chain woes, worker shortages, already high premiums for electric vehicles and a growing incidence of unsafe driving are all exerting pressure on the industry to raise premiums.