“With rising costs, economic pressures and growing mental health needs, employers are under real scrutiny to decide where benefits dollars will have the greatest impact,” said Andrew Stocker, president of employee benefits at Voya. “The most effective organizations are using data and real employee insights to determine what to offer – and then making those…
Lockton Re and Reinsurance Markets Lockton Re’s nearly 15% growth came as insurers faced capital constraints, emerging market dynamics and portfolio optimization challenges – conditions that, in the current environment, have increased demand for sophisticated advisory support. The reinsurance arm continued to build its capital markets and capital advisory capabilities during the year, investing in…
Louisiana’s approach has produced measurable results. According to a report from the Louisiana Legislative Auditor, homeowners who upgraded their roofs to Fortified standards saw a 22% reduction in their average annual premiums, with more than a quarter of participants saving $2,000 or more per year. The state offers a $10,000 income tax credit for the…
A bill that cleared the Hawaii Legislature, SB 2930 (introduced by Senators Angus McKelvey, Stanley Chang and Troy Hashimoto), would increase the spending limits on the State Risk Management Revolving Fund established under Section 41D-4 of the Hawaii Revised Statutes. This fund holds property and liability insurance proceeds received by the state after state facilities…
The cyber landscape is rapidly evolving, and brokers who understand data are better positioned to serve their clients with confidence. According to AM Best Report cited in Cowbell’s 2026 Claims Report, U.S. cyber premiums reached $9.14 billion while claims activity increased 40%, underscoring how active today’s risk environment has become. For brokers advising clients in…
The U.S. construction sector continues to expand, and with it, the complexity of insuring projects from inception to completion is also increasing. Yet for many insurance agents, builders risk policies remain one of the most misunderstood products in the commercial lines toolkit. Coverage exclusions, missteps in valuation, and poorly timed policy changes can dangerously expose…
Exposure is concentrated where a generative system makes verifiable factual claims about identifiable third parties or customers, and where the output is presented as a finished answer rather than a draft. This description fits a large portion of current insurance AI deployments – a customer-facing chatbot that summarizes a policyholder’s coverage, an AI tool that…
“InsuranceFest is different because it brings together the people who are really driving our industry forward – creating space for honest conversations, new ideas and real collaboration that you don’t often see in insurance,” said Willers. “At ClaimDeck, we are excited to be part of the conversation about how technology, transparency and strong partnerships can…
Bengaluru/Karnataka: Traffic police checking the driving license, vehicle registration card, insurance and helmet of a two-wheeler raider (for file) on June 08, 2019. Photo: V Srinivas Murthy/The Hindu The traffic police has decided to resume random checks to recover pending dues of ₹390 crore for traffic violations. Traffic was slowing down due to the surprise…
Thousands of dollars worth of property was destroyed when a severe storm hit Nyadire Mission in Matoko yesterday. The violence left a trail of destruction in two schools, Teachers College and parts of the hospital. When ZBC News visited the mission, there was debris strewn everywhere, while the community was still in shock. Head of…
