April 16, 2021
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  • INDUSTRY NEWS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.

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    “Still Opportunities to Get Things Done Despite Dysfunctional US Government” – APCIA CEO

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    Innovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO

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    NY Insurers Face Challenges and Opportunities in Tech, Financial Literacy – NYIA

  • COMMERCIAL RISK
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    Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs

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    Climate Change Affecting Insured Losses, but Hard to Quantify – Dr. Klotzbach, Colorado State University.

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    Independent Agents See Growth Across All Lines, Despite Challenges – Big I CEO

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    Technology and “Lookers” Enhance Claims Management process – Crawford COO

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    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
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    FL Commissioner Optimistic about Emerging Consumer Products/Services

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    New Revenues for Insurers Exist in Sharing Economy – Re-Sure CEO

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    Insurers need “sense of urgency” to improve claims and risk assessment process

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    “Amazoned” consumers present challenges & opportunities to personal lines insurers.

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    “Upstart Insurtechs” raising the bar in homeowners market – LexisNexis exec.

  • REINSURANCE/ILS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    Robust Reinsurance Market Not Without its Challenges – RAA CEO.

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    Customer Experience…a Modern Differentiator for Insurers – BMS Re CEO

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    US Reinsurance Market “Healthy” While Facing New Threats & Opportunities

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    Reinsurance upgraded to “Stable” as A.M. Best cites possible “inflection point”

  • CAREERS/PROFESSIONAL DEVELOPMENT
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    P&C Industry Gives $1B+/year to Charity…IICF on Women in Insurance & Millennial Summit

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    St. Baldrick’s Carries on Tradition of Giving – NAMIC CEO

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    Looking ahead…Automation, Robotics and AI could help fill “Talent Gap”

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    Grow by Solving Society’s Problems…A.M. Best exec.

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    Spencer Foundation fights “war for talent” with scholarships, grants and internships.

3 New Articles
  • Oct 12, 2020 Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets
  • Feb 6, 2020 Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs
  • Jan 29, 2020 Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.
Home Tag Archives: ACA

Tag Archives: ACA

FEATURED INDUSTRY NEWS Legislation/Regulation P&C Recent Stories REINSURANCE/ILS Uncategorized WRIN.tv Newswire

A Trump Administration… Insurance Leaders Comment on Impact to Industry.

On the Road at the Joint Industry Forum in New York, WRIN.tv asked several insurance trade association executives to consider the impact of the new Trump Administration on various sectors of the insurance industry. Here, we share the hopes, concerns and expectations of: Michael Morrissey, President & Chief Executive Officer of the International Insurance Society (IIS) David Sampson, President and …

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WRIN.tv Newswire

U.S. Health & Welfare Funds Industry Expected to Earn Revenue of $189.3 billion in 2016 – IBISWorld

The Obama administration introduced the Affordable Care Act (ACA) in an attempt to temper medical cost inflation and decrease the uninsured rate. For this reason, industry research firm IBISWorld has updated a report on Health & Welfare Funds. NEW YORK, Dec. 29, 2016 /PRNewswire/ — The industry provides healthcare coverage and welfare-related benefits to employees, unions and other professional associations. Thus, …

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WRIN.tv Newswire

Nearly Half of Employers View Employer Mandate as Top Health Care Concern Going into 2017

New Aon data reveals health care issues that are top of mind for employers in the wake of the election LINCOLNSHIRE, Ill., Nov. 18, 2016 /PRNewswire/ — With the results of the 2016 election now in the record books, Congress and the president are set to engage, for the second time in less than a decade, in a debate over …

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WRIN.tv Newswire

U.S. Risk Management, Insurance Advisory and Consulting Industry is Expected to Earn Revenue of $32.8 Billion in 2016.

Industry demand has risen, leading to strong profit growth for operators. For this reason, industry research firm IBISWorld has updated a report on Risk Management, Insurance Advisory & Consulting in its growing industry report collection. NEW YORK, Nov. 7, 2016 /PRNewswire/ — The Risk Management, Insurance Advisory and Consulting industry has continued to strengthen since the recession, as demand for …

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Brokers/Consultants Data/Tech/Modeling Health Insurance Homeowner/Renter/Auto

Insurers finding “relevance” in Big Data and “Holistic Lifestyle” coverage

Bryon Ehrhart , Global Head of Strategic Growth & Development at Aon Benfield, discusses the threats and opportunities in today’s insurance market. Mr. Ehrhart says the threats do not surround the same issues faced 20 years ago after Hurricane Andrew and the Northridge Earthquake.  Now that the industry has managed the risk down to lower levels of earnings and capital, …

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Companies EMERGING TRENDS FEATURED INDUSTRY NEWS P&C Recent Stories

RPS President to continue M&A strategy…says ACA drives up loss costs in workers comp/GL, and more…

Risk Placement Services (RPS) President Joel Cavaness discusses the company’s acquisition strategy, the effects of El Niño and the Affordable Care Act on the insurance industry, cyber risk and more, during the recent NAPSLO Convention in San Diego. Mr. Cavaness acknowledge the effects of the changing weather patterns on heat, flooding and the types of storm activity the U.S. is …

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Matt Power - Lexington Insurance
Accident/Disability Corporate Risk Management/ERM EMERGING TRENDS FEATURED P&C Recent Stories

Advice for risk managers dealing with a global economy, drones, the Affordable Care Act and cyber risk

Matt Power, EVP and Head of Strategic Development at Lexington, joins WRIN.tv to discuss the global economy, the ten year anniversary of Katrina, the Affordable Care Act and emerging risks from cyber-attacks, drones and more. When Mr. Power considers the economy, he focuses on how technology and globalization have created tremendous “connectivity.” He points to the impact of Greece and …

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WRIN - Joe Marinucci- S&P on Mediciad
Accident/Disability Companies CONSUMER RISK Recent Stories

S&P warns Health Insurers to tread carefully as Medicaid rolls expand

Joseph Marinucci, Senior Director at S&P Insurance Ratings, joins WRIN.tv to discuss the expansion of Medicaid under the Affordable Care Act (ACA), and the impact on the revenues of health insurers in the segment. According to Mr. Marinucci, a key provision of the ACA was to improve access to coverage by expanding Medicaid eligibility. To do that it, the ACA …

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Dan-Teclaw-AM-Best
COMMERCIAL RISK Recent Stories Specialty Lines

A.M. Best optimistic about Medical Professional Liability market

In highlights from its First Monday series, A.M. Best’s Senior Financial Analyst Dan Teclaw discusses the profitable Medical Professional Liability (MPL) market. According to A.M. Best, 2014 was the ninth straight year of underwriting profit, significant rate increases and tougher underwriting. Mr. Teclaw sees medical professional liability premiums coming down due to competition, and the market is slowing He notes …

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Jessica-Smythe-ISO
Claims Management COMMERCIAL RISK FEATURED Legislation/Regulation Workers Comp

ACA hits Workers Comp insurers with Medicare reimbursement requirements…and fines for non-compliance

The Affordable Care Act (ACA) is transforming the healthcare and health insurance industries. Here Jessica Smythe, a Medicare Secondary Payer Act Compliance Consultant with ISO Claims Partners, discusses how the ACA is also affecting workers compensation. Ms. Smythe says the impact of the ACA on Medicare and Medicaid is far-reaching. A large portion of the ACA was designed to curb …

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Deep-Banerjee-S&P
Accident/Disability CONSUMER RISK Markets Recent Stories

Underfunded Risk Corridors are causing uncertainty and potential volatility in Health Insurance market.

The Affordable Care Act (ACA) mandated that the Department of Health and Human Services (HHS) establish “Risk Corridors” to buffer insurers against high losses, keep premiums affordable and less volatile, and encourage participation in the health insurance exchanges. Deep Banerjee, a Director with S&P Insurance Ratings, joins WRIN.tv to discuss S&P’s recent report suggesting the Risk Corridor Program could actually …

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AM-Best-Healhcare
Accident/Disability CONSUMER RISK Markets Recent Stories

Government programs and medical cost trends support “stable” outlook for Health insurers – A.M. Best

In highlights from the First Monday series, A.M. Best Assistant Vice President Joseph Zazzera and Senior Financial Analyst Bridget Maehr discuss how health insurance carriers are navigating health reform provisions that began in 2014, and the sector’s “stable” outlook. More than 11 million people have selected health plans through the Affordable Care Act (ACA) in 2015, 3.1million more than in …

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Tom Leonardi, Evercore Partners
Legislation/Regulation

ACA faces challenges re: FT employee status and Federal exchange subsidies

Tom Leonardi, former Connecticut Insurance Commissioner and now with Evercore Partners, commented on two legislative issues for the Affordable Care Act (ACA) in 2015: a bill attempting to change the definition of “Full Time Employee”, and an court appeal to reverse a decision on payment of subsidies to buyers of health insurance on the Federal exchange. The new definition of …

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