For well over 50 years, Progressive Insurance has acted like an upstart in the largely staid world of insurance. But it’s not easy for an organization that now has over 60,000 employees to stay at the ...

While claims review is useful to control utilization and to prevent fraud, the system requires the expenditure of remarkably large amounts of money to avoid paying (by the insurance company) and to ...

The insurance industry is unlike any other—it doesn’t sell a physical product but rather a service that underpins the entire economy. Each year there are about $7 trillion in premiums alone. The ...

A recent cyberattack on the UK’s Co-operative Group (Co-op) has sent shockwaves through the British retail sector, providing ...

The following information was released by the U.S. House of Representatives Committee on Financial Services:. Today, the Subcommittee on Housing and Insurance, led by Subcommittee Chair Mike Flood, ...

In order to investigate the usefulness of the von Neumann-Morgenstern utility concept in an actual decision making context, 30 subjects were interviewed. Their responses to questions were used to ...

PLEASANTVILLE — When the founder and owner of Ernie Johnson Insurance passed away in the fall of 2016, many who knew him paused to reflect on the life of a man who served his community and his ...

This paper models the demand for assets and liabilities by a life insurers. As one step toward the implementation of a utility-dependent portfolio methodology, the paper empirically estimates a family ...

As a desperate search for survivors continues in the areas of Texas walloped by weekend floods, one reality persists: Americans and their properties are not prepared for the severe-weather impacts of ...