How Insurers Can Accelerate their Turnaround Times While Using E-Signatures /*! elementor – v3.23.0 – 10-07-2024 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block} Let’s talk about something that’s been a game-changer for the insurers today e-signatures. Remember the days when getting a policy signed meant printing out reams of paper, playing phone tag […]
Insurers Tackle Food Insecurity in 30th Yearof Philanthropy
Insurers Tackle Food Insecurity in 30th Yearof Philanthropy By Loretta Worters, Vice President, Media Relations, Triple-I One in five U.S. children is unsure where they will get their next meal, according to the U.S. Department of Agriculture. In 2022, 33 percent of single-parent families experienced food insecurity, and the problem is especially acute for families […]
New Application Requirements for Professional Visit Pass of Malaysia
New Application Requirements for Professional Visit Pass of MalaysiaTo streamline the process of applying for the Professional Visit Pass (PVP), the Malaysian Immigration Department’s Expatriate Services Division (ESD) has reduced the number of general documents required from 13 to 6, effective August 16, 2024. In this Pacific Prime CXA post, we’ll explore the details of […]
What is Legal Malpractice? And How Can You Protect Your Firm Against It?
What is Legal Malpractice? And How Can You Protect Your Firm Against It?If you’re just starting your legal career, you may think that a legal malpractice claim could never happen to you. While that’s hopefully the case, the reality is that the majority of lawyers will face a malpractice claim at some point in their […]
Insurance Industry Poised for Significant Hiring Surge
Insurance Industry Poised for Significant Hiring SurgeThe insurance industry is poised for significant employment growth in the coming year, with over half of insurers planning to increase their workforce, despite ongoing challenges in recruitment and retention, according to a recent study by the Jacobson Group and Ward/STG Performance Benchmarking. The Q1 2024 Insurance Labor Market […]
Cyber Insurance for Tech Companies Guide
Cyber Insurance for Tech Companies GuideNowadays, it seems like seeing headlines about another cyberattack affecting an organization is a daily occurrence. If you’ve seen those headlines and thought, “That will never happen to my business,” you could be risking your company’s future. In fact, a research study in the U.K. found that businesses are 67% […]
Despite Improvements, Louisiana Is Still Least Affordable State for Auto Insurance
Despite Improvements, Louisiana Is Still Least Affordable State for Auto Insurance Max Dorfman, Research Writer, Triple-I Louisiana’s personal auto insurance affordability improved to 2.67 percent of median household income in 2022 – down from 2.93 percent in 2020 – but it retains the dubious distinction of being the least affordable state, Triple-I’s chief insurance officer […]
What is Cyber Insurance?
What is Cyber Insurance?What are your odds of experiencing a cyberattack? Chances are they’re higher than you think. That’s why businesses need to ask, “what is cyber insurance?” Let’s put it this way: The odds of getting attacked by a shark are about one in 3.75 million. The likelihood of experiencing a cyberattack is one […]
Embroker Expands Leadership Team with New CIO and COO Appointments
Embroker Expands Leadership Team with New CIO and COO AppointmentsWe are incredibly excited to announce two significant leadership appointments that will further our mission to modernize the insurance industry and expand our digital insurance platform. Andrew Lea Joins as Chief Insurance Officer We are pleased to welcome Andrew (Andy) Lea as our new Chief Insurance […]
Georgia Is Among the Least Affordable States for Auto Insurance
Georgia Is Among the Least Affordable States for Auto Insurance By Max Dorfman, Research Writer, Triple-I Georgia’s personal auto insurance affordability has significantly worsened over the past decade and a half, making it one of the least affordable states, according to a new report by the Insurance Research Council (IRC) – a division of The […]
Report: No-Fault Reforms Improved Michigan’s Personal Auto Insurance Affordability
Report: No-Fault Reforms Improved Michigan’s Personal Auto Insurance AffordabilityBy Max Dorfman, Research Writer, Triple-I Michigan personal auto insurance affordability improved markedly after enacting substantial auto insurance reform in 2019, according to a new report by the Insurance Research Council (IRC) – like the Triple-I, a division of The Institutes The study, Personal Auto Insurance Affordability […]
Agents Play Critical Role in Navigating Impacts of Legal System Abuse on Customers
Agents Play Critical Role in Navigating Impacts of Legal System Abuse on CustomersLegal system abuse, including frivolous lawsuits and inflated claims, is driving insurance claims costs to record highs, particularly in liability lines, disrupting the industry and impacting policyholders, insurers and independent agents, according to Triple-I. Defining and Understanding Legal System Abuse Legal system abuse […]