Tag: insurance innovation

How a Single Bill Could Reshape Insurance Regulation in America

G. Turner
Insurance Regulation

Congressman Troy Downing Introduces Legislation to Abolish the Federal Insurance Office Congressman Troy Downing, representing Montana’s 2nd district, has introduced a new bill, H.R. 643, in the U.S. House of Representatives aimed at abolishing the Federal Insurance Office (FIO). The proposed legislation seeks to return full regulatory authority over the insurance industry to state governments, eliminating what supporters consider an unnecessary and duplicative federal entity. “The law is clear. Regulation of the insurance industry rests with the states, not big government,” Downing stated in a press release. This reflects his…

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The Future of Insurance – Personalized Policies and Instant Claim Approvals

Nordstrom
future of insurance - Personalized Policies and Instant Claim Approvals

Is There Such a Thing as Instant Claim Approvals? Could This Ever Happen? The concept of instant claim approvals might sound like a dream to anyone who’s had to wait weeks—or even months—for their insurance claim to be processed. But as technology continues to progress, the idea of instant claims is no longer pure fiction. Thanks to advancements in artificial intelligence (AI), machine learning (ML), and data analytics, the insurance industry is inching closer to making this a reality. Could we reach a point where claims are approved in seconds?…

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Can Allstate Balance Growth and Risk in Today’s Unpredictable Insurance Landscape?

Logan B.
Allstate Insurance investing

Allstate Corp. (NYSE:ALL): Facing Challenges and Opportunities in Insurance Allstate Corp., one of the largest insurance companies in North America, is navigating a mix of opportunities and challenges in today’s evolving market. Valued at roughly $53.88 billion as of late 2024, the company has spent the last five years shifting its focus to better connect with customers, particularly through its direct-to-consumer (D2C) offerings. Recent earnings reports show that Allstate is performing well in some areas, with profits coming in higher than expected. However, these successes have been overshadowed by large…

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Mployer Advisor Selected as Key Contributor to Voluntary Advantage’s The Voluntary Benefits Voice Publication

PR Article
insurance news announcement

Voluntary Advantage is excited to announce that Mployer Advisor will be a Key Contributor to their monthly publication for the Voluntary Benefits industry, “The Voluntary Benefits Voice”.  Mployer Advisor is the nation’s leading marketplace that is changing the way employers search, evaluate, and select insurance brokers. Mployer Advisor offers the industry’s first independent benefit bench-marking, Mployer Insights, with 150+ different data points for employers to benchmark their benefits plan against companies in their industry, region, and similar employer size. The analytics evaluate benefit design, cost, leave benefits, voluntary benefits, and…

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Enservio Announces All-Star Lineup of Speakers for 10th Annual Property Innovation Summit

PR Article
insurance industry news

Thinkers50 guru, Tesla Motors president, bestselling business authors and  innovative claims executives, among featured speakers NEEDHAM, Mass. – February 2, 2016 – Enservio, Inc. today announced an all-star roster of featured speakers for its 10th annual Property Innovation Summit, April 4-6 at the Turnberry Isle Resort in Miami, FL.  Last year the invitation-only thought leadership conference brought together more than 150 senior-level property executives from the nation’s top insurance carriers for two days of networking and high impact presentations on innovation and leadership. This year’s opening keynote will feature management…

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