Temple opposes plan to end Louisiana voter control over insurance commissioner role

Human element in the workplace Another risk is the human element. The workforce in 2025 includes four generations, namely Baby Boomers, Gen X, Millennials and Gen Z, creating both opportunities and challenges. Each generation brings different values, work preferences and skills, making recruitment, development and retention more complex. Source link

“Despite the positive perceptions, insurers face challenges in ensuring consumers adopt AI tools. Many consumers find that the technology is not yet sufficiently developed to be adopted at scale, eroding their trust,” said Beatriz Benito, GlobalData’s lead insurance analyst. Source link

Regulator cites inefficiencies and low complaint transfer rates as key issues Source link

He noted that “our goal with proactive compliance is to look at the much earlier set of communications and other unstructured data, where some of these bad ideas get started, and that allows us to find things much earlier and do corrective actions like education or improvements to policies…” A report by KPMG highlights AI’s…

Johnson also provided an in-depth look at the growth of the E&S market, with premiums reaching an impressive $39.5 billion in mid-2024. He pointed out the key drivers behind this growth, such as the increasing frequency of natural catastrophes. “Excess and surplus lines can be nimble and move fast,” he explained. “That allows us to…

Military-aligned mission and strategic alignment highlight key priorities for new role Source link