The National Association of Mutual Insurers (NAMIC) held its 2023 Annual Convention on September 17-20 in National Harbor, Maryland. During the convention, AAIS sat down with Neil Alldredge, President & CEO of NAMIC, to discuss the biggest challenges facing the industry, how mutual insurers are overcoming these challenges, current legislation/regulation concerns, what’s on the horizon at NAMIC, and more.
Industry Associations
NAMIC CEO Talks Industry Challenges, Litigation & Regulation Concerns, and New NAMIC Initiatives
Sep 21, 2023 / by AAIS posted in Industry Associations, Legislation & Regulation, Mutual Insurance, NAMIC
WAMIC President Patrick Laws Discusses U.S./Wisconsin Market Challenges & WAMIC Convention
Aug 29, 2023 / by AAIS posted in Industry Associations, reinsurance, Insurance Market, WAMIC, Advisory Report, Wisconsin
For this Advisory Report, AAIS spoke with Patrick Laws, President of the Wisconsin Association of Mutual Insurance Companies (WAMIC) ahead of the 2023 WAMIC Convention. He discussed the biggest challenges facing the U.S. and Wisconsin insurance markets, how WAMIC is supporting its members amongst these challenges, and what to look forward to at this year’s convention.
Advisory Report: Merchants Insurance Group President Charlie Makey Shares Current Market Challenges & NYIA Annual Conference
May 22, 2023 / by AAIS posted in Industry Associations, NYIA, Merchants Insurance Group, Insurance Market
For this Advisory Report, AAIS spoke with Charlie Makey, President of Merchants Insurance Groupand New York Insurance Association (NYIA) Chair, ahead of the NYIA 2023 Annual Conference. He discussed the biggest challenges facing the U.S. market, how Merchants Insurance Group is responding to these challenges, and what to look forward to at this year’s Annual Conference.
Advisory Report: ENIA President & CEO Norm Orlowski Identifies Insurance Market Challenges, Legislation/Regulation Hot Topics & NYIA Annual Conference
May 15, 2023 / by AAIS posted in Industry Associations, Legislation & Regulation, NYIA, New York, Advisory Report
For this Advisory Report, AAIS spoke with Norm Orlowski, President and CEO ofErie and Niagara Insurance Association (ENIA) and Treasurer of the New York Insurance Association (NYIA), ahead of the NYIA 2023 Annual Conference. He discussed the biggest challenges facing the U.S. market, the legislation and regulation issues ENIA is watching, and what to look forward to at this year’s Annual Conference.
Advisory Report: NYIA President Ellen Melchionni Discusses Unique New York Insurance Market, Member Support & Upcoming Annual Conference
May 8, 2023 / by AAIS posted in Industry Associations, NYIA, New York, Advisory Report
For this Advisory Report, AAIS spoke with Ellen Melchionni, President of the New York Insurance Association (NYIA) ahead of the NYIA 2023 Annual Conference. She discussed what makes the New York insurance market unique, how NYIA is currently supporting members, and what to look forward to at this year’s Annual Conference.
Advisory Report: IMUA President & Deputy Chair Discuss State of Inland Marine Market Ahead of 92nd Annual Meeting
Apr 19, 2023 / by AAIS posted in Inland Marine, Industry Associations, IMUA
For this Advisory Report, Stephanie Vasey, Product Manager of Commercial Lines & Inland Marine at AAIS sat down with Kevin O’Brien, President and CEO of IMUA, and Tony Falcone, Regional President of Intact Insurance Specialty Solutions and Deputy Chair of IMUA. They discussed the biggest underwriting issues arising due to the economy, the current outlook of the cargo industry’s effect on insurance coverage, what’s new at the IMUA, and more.
Busy NAIC Fall Meeting Brings Forth Key Themes for 2022
Dec 22, 2021 / by AAIS posted in openIDL, Community, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Industry Associations, Regulatory/Compliance, Cannabis, Auto, Legislation & Regulation, NAIC, DEI
The National Association of Insurance Commissioners (NAIC) recently wrapped up its fall meeting in San Diego, Ca., where it celebrated its 150th Anniversary. It was a hybrid event with an estimated 1,200 people attending in person and another 1,800 virtually. AAIS Views caught up with our Manager Government Affairs and Compliance, Lori Dreaver Munn and AAIS VP of Memberships & Solutions Truman Esmond, who both attended in person to hear about some of the key themes and takeaways from the meeting.
Climate Change & Insurance…What’s Being Done About It
Nov 11, 2021 / by AAIS posted in Issues & Trends, Industry Associations, Regulatory/Compliance, Homeowners, New/Emerging Risks, P&C Insurers, Legislation & Regulation, AAIS News & Views, AAIS Insights, AAIS Pulse, Berkley Re, Insurance Line of Business, munich re, University of South Carolina
Research from NASA points to several factors that support climate change from rising sea levels to warming oceans and glacial retreats. The effects of climate change have a significant impact on the insurance industry, which generates considerable premium, expense, and losses based on insured catastrophes. As these events become more unpredictable and severe, the industry must adapt.
Insurance Industry Grapples with Discrimination, But Change is Underway
Oct 26, 2021 / by AAIS posted in Community, Issues & Trends, Insurance News/Current Events, Industry Associations, Regulatory/Compliance, Insurance Operations, Working in Insurance, P&C Insurers, AAIS Insights, Business Interruption, DEI
Diversity, equity, and inclusion (DEI) continue to be a concern in our society, and the issues it presents extend beyond the communities where we live to the places and industries where we work. In 2021, AAIS Director of Government Relations Lori Dreaver Munn presented at the Association of Insurance Compliance Professionals (AICP) Annual Conference on a more nuanced concern – improving DEI in insurance products.
NAMIC CEO Talks Pandemic, Social Inflation, Flood and More
Aug 19, 2021 / by Ed Kelly posted in Community, Insurance, Issues & Trends, Data & Technology, Insurance News/Current Events, Industry Associations, AAIS Webinar Series, Business Interruption, NAMIC, Flood Insurance, flood, Inflation
In the latest edition of CEO Angles, AAIS President and CEO Ed Kelly is joined by recently named President and CEO of the National Association of Mutual Insurance Companies (NAMIC), Neil Alldredge, to talk about a variety of topics including the latest on business interruption insurance, social inflation, flood insurance and future growth opportunities for NAMIC and its member companies.