MA Deputy Commissioner Talks Data Standards and Changes to Health Insurance Regulation, including Dental Coverage

Dec 22, 2022 / by AAIS posted in Insurance, Regulatory/Compliance, NAIC, Insurance Advisory, Regulatory Reporting, Statistical Reporting

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At the recent NAIC meeting in Tampa, Kevin Beagan, Deputy Commissioner at the Massachusetts Division of Insurance, discussed the need for standardization across the data and technology space. He also shared insights on the current challenges experienced in the healthcare market, including dental coverage.

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NAIC CEO Mike Consedine Reflects on 2022 and Looks Ahead to the Hot Topics for 2023

Dec 19, 2022 / by AAIS posted in Insurance, Regulatory/Compliance, NAIC, Insurance Advisory, Regulatory Reporting, Statistical Reporting

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At the recent NAIC meeting in Tampa, Florida, AAIS sat down with NAIC CEO Mike Consedine to review challenges and opportunities that emerged in 2022 and the hot topics and trends leading into 2023.

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Maine Bureau of Insurance's Sandra Darby Discusses NAIC Stat Working Group Updates & Emerging Industry Trends

Dec 15, 2022 / by AAIS posted in Insurance, Regulatory/Compliance, NAIC, Insurance Advisory, Regulatory Reporting, Statistical Reporting

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At the recent NAIC meeting in Tampa, Florida, AAIS sat down with Maine Bureau of Insurance's Property & Casualty Actuary Sandra Darby to talk upcoming trends that we can expect to see in 2023. She also shared what the NAIC Stat Working Group is currently working on and the exciting projects they plan to implement in the New Year.

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Bob Hartwig Outlines Reasons to be Optimistic for Future of Economy

Dec 13, 2022 / by AAIS posted in Insights, Issues & Trends, AAIS News & Views, AAIS Insights, AAIS Pulse, Pulse Chicago

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Professor Bob Hartwig, clinical associate professor at University of South Carolina touched on the various issues affecting insurance carriers during the latest AAIS Pulse: Chicago presentation. During a time of immense political and economic change and challenges seen across the insurance market, he also touched on reasons to be optimistic for the future of our economy.

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Bob Hartwig Talks Global and Domestic Reinsurance Markets

Dec 8, 2022 / by AAIS posted in Insights, Issues & Trends, AAIS News & Views, AAIS Insights, AAIS Pulse, Pulse Chicago

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Professor Bob Hartwig, clinical associate professor at University of South Carolina, was interviewed for the latest AAIS Pulse: Chicago presentation. He examined current economic conditions and their impact on the insurance market as a whole, but also discussed how those conditions will impact the global and domestic reinsurance markets.

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Advisory Report: Current Trends Affecting the Farm & Agribusiness Insurance Market

Dec 6, 2022 / by AAIS posted in Insurance, Agribusiness, Farm & Ag, Farming, AAIS Views, Insurance Market, Farmowners (FO), Agriculture

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AAIS sat down with Casey Davis, Product Manager of Farm & Agribusiness, to discuss some of the current trends affecting the Farm & Ag insurance market. She also touched on new coverages seen in this insurance space and expanded on some of the modern products offered to insurers by AAIS.

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Tapoly CEO Explains How Companies Can Be More Efficient

Nov 30, 2022 / by Janthana Kaenprakhamroy posted in Insights, Issues & Trends, AAIS News & Views, AAIS Insights

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During a special blog series featuring Tapoly's CEO Janthana Kaenprakhamroy, AAIS sat down to discuss the challenges insurance companies are facing right now while trying to be more efficient. Insurers are under pressure more now than ever due to rising loss costs. As loss ratios have gone up, there is also an increased pressure on expenses as they attempt to be more efficient.

Janthana explained some of the biggest issues putting pressure on companies right now, what some areas are that companies can in fact become more efficient, and how Tapoly can help insurers become more efficient.

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Navigating Usage-Based Insurance (UBI) Markets

Nov 28, 2022 / by AAIS posted in Insights, Issues & Trends, AAIS News & Views, AAIS Insights, AAIS Pulse, Pulse Chicago

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As a part of the AAIS Pulse: Chicago presentation, AAIS Product Manager of Auto Ash Naik  hosted Matt Kendzior from Ownli to explore options available to insurance carriers to roll-out UBI options with varying levels of sophistication. Starting with the assessment of current options, they looked at simplest to the most elaborate options at your disposal.

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Bob Hartwig Identifies Trends Affecting U.S. Insurance Carriers

Nov 23, 2022 / by AAIS posted in Insights, Issues & Trends, AAIS News & Views, AAIS Insights, AAIS Pulse, Pulse Chicago

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Professor Bob Hartwig, the director of the Risk and Uncertainty Management Center and clinical associate professor at University of South Carolina, joined the AAIS Pulse: Chicago presentation to provide a special Economic Report. He touched on the economy, inflation, government actions impacting the insurance industry, and identified top trends affecting U.S. insurance carriers and what insurers should look out for.

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Advisory Report: Building Bridges to Fight Construction Site Fires

Nov 22, 2022 / by AAIS posted in Insights, Issues & Trends, AAIS News & Views, AAIS Insights, AAIS Pulse, Pulse Chicago

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As a part of the AAIS Pulse: Chicago presentation, AAIS Senior Risk Lead Strategist Dr. Matt Hinds-Aldrich hosted Raymond O'Brocki with American Wood Council and Gerald Potempa with AXA XL to discuss the fire protection and insurance industries and how they can address persistent challenges in the builder's risk and inland marine domain - fires in buildings under construction.

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