As a part of the AAIS Pulse: Chicago presentation, Stefan Holzberger, Chief Rating Officer & Senior Managing Director with AM Best, sat down with AAIS's VP of Products, John Kadous, to discuss issues that are currently putting pressure on property casualty insurers and their bottom lines. Those issues included COVID-19, the economy, inflation, interest rates, global warming and natural catastrophe losses, international geopolitics, and more. 

The conversation looked closer at insurers' financial health, potential ratings actions, as well as what AM Best is looking for from insurance executives facing stiff headwinds in the market.

As a part of the AAIS Pulse: Chicago presentation, Dr. Bob Hartwig, the director of the Risk and Uncertainty Management Center and clinical associate professor at University of South Carolina, sat down to shed light on the economy, inflation and government actions impacting the insurance industry at a time when losses from natural catastrophes are hurting underwriting results and the availability of reinsurance.

Jon Godfread is currently North Dakota’s 22^nd Insurance Commissioner. Through his work he prioritizes consumer advocacy and works to ensure that North Dakotans are better aware of the services offered by the North Dakota Insurance Department, beyond industry regulation. He is active, on a national level, starting discussions surrounding insurance regulation including the use of technology, air ambulance service, and health care reinsurance.

Recent discouragement of charging electric vehicles (EVs) by officials in California in the wake of a severe heatwave prompted further research into power generation, EV charging needs and efficiencies as we move towards an “all-electric” future.

This past week NAMIC hosted over 1,790 insurance professionals at their 2022 annual convention in Dallas, Texas. AAIS interviewed NAMIC President and CEO Neil Alldredge and discussed the highlights of the 127^th Convention as well as current trends and strategies for 2023, plus, what we can expect from NAMIC in the future and more.

In this AAIS Market Report, Chair, President and CEO of Greater New York Mutual Elizabeth Heck discusses  challenges to the insurance industry in the U.S. and New York.

In this AAIS Market Report, Merchants Insurance Group President, and New York Insurance Association (NYIA) Chair, Charles Makey, discusses issues and challenges facing the U.S. and New York insurance markets, including legislation, regulation, and much more.

While the telematics capabilities that enable auto insurers to track mileage and driving behaviors continue to advance, Usage-Based Insurance (UBI) has  potentially been slow to gain traction among consumers. In keeping with our mission of working with Members to design the best possible insurance products, AAIS recently went direct to consumers to understand the reservations that may be stalling adoption of UBI products and strategies to overcome these obstacles.