“Rating” New Policy Language – Yea or Nay

The discussion of insurance innovation is often centered around InsurTech and the newest tools and algorithms designed to take the industry into its next evolution. The quieter and slightly less glamorous evolution of policy language, however, is also a critical component of innovation and adaption. In this episode of The Insurance Nerdery, Amber shares her … Read more

2018 Lookback – Personal Auto

What makes an insurance year profitable?

Early reports are showing a strong performance for Personal Lines Auto in 2018.

From pricing to technology to claim settlement, there were a number of strong wins for the industry as well as some trends that threaten the gold standard of insurance measurement – the infamous combined ratio.

In this episode of the Insurance Nerdery, Amber takes a look back at Personal Auto to uncover what made 2018 profitable and what could derail its profitability in 2019.

Also included is an easy 3-step plan to profitability, guaranteed to work for every organization!*

*not actually easy, 3 steps, or guaranteed

Claim Declination and Reservation of Rights Letters

This article originally published on Bill Wilson’s awesome Insurance Commentary, republished here with the author’s permission. This particular article is an excerpt from his upcoming book When Words Collide, published by Insurance Nerds. The first rule in the claim resolution process is to never accept an oral declination of coverage. It’s not only a bad idea, it’s … Read more

Latency Catastrophes – Will There Be Another Asbestos?

  An underwriter can be deemed the wizard of the insurance industry, peering into his/her magic ball to ensure they are well-positioned to react to a culture shift in an ever-changing market.    Bob Reville delved into these proverbial underwriting powers as he wondered what the next “latency  catastrophe” may be in his article, “The … Read more