Jarod Steed

Sep 13, 2024 | propertycasualty360.com | Brittney Meredith-Miller |Jarod Steed

This week we feature philanthropic insurance news from USI Insurance Services, National Auto Body Council. (Photo: Coloures-Pic/Adobe Stock) USI Insurance Services expanded its ongoing support of nonprofit organization One Tree Planted to assist in the planting of over 30,000 trees in the U.S. as part of USI's yearlong 30th anniversary celebration in 2024.

Sep 12, 2024 | propertycasualty360.com | Brittney Meredith-Miller |Jarod Steed

(Credit: bizvector/Adobe Stock) The U.S. property and casualty market has begun to stabilize, says the latest market update report from Alera Group. In Q1 2024, premium increases averaged 7.7% across all lines and account sizes, but that dropped to a 5.2% average increase in the second quarter.

Jul 18, 2024 | propertycasualty360.com | Joe Toppe |Jarod Steed

One of the most prominent examples of this shift in priority in the insurance industry is a collaboration between Zurich Insurance Group and Aon, who have joined to establish a clean energy insurance facility for hydrogen projects, Global Data reports. (Photo: narawit/Adobe Stock) The number of patents for clean energy insurance has increased substantially in recent years – from 1,537 in 2014 to 3,004 in 2023, according to GlobalData.

May 27, 2024 | propertycasualty360.com | Jarod Steed

Insurance technology news from United Heritage, Crestfield Risk and more. (Credit: Wright Studio/Shutterstock)United Heritage selected Guidewire's InsuranceNow to modernize its operations, enhance agent and customer service and grow its business. The company's property and casualty insurance entities Sublimity Insurance Company and United Heritage Property and Casualty Company plan to implement InsuranceNow by line of business.

May 24, 2024 | propertycasualty360.com | Elana Ashanti Jefferson |Jarod Steed

"Look beyond what risk-related roles used to look like and instead redesign them to work in the current environment," Origami Risk advises in The 2024 State of Risk Report. (Credit: Maria Vonotna/Adobe Stock)Many of today's risk management professionals feel optimistic about their organizations' ability to respond to "novel" loss events, but some may be fooling themselves about their actual readiness, according to The 2024 State of Risk Report released this month by Origami Risk.