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AM Best Audio

A.M. Best Company, Inc.

Insurance news, interviews, rating announcements and more.

business business news

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17:16

Celent: Generative AI Is Game Changer for Insurers

AM Best Audio ·

2023/09/11

Andrew Schwartz, insurance analyst at Celent, discusses a new company study on artificial intelligence that looks at the proliferation of the technology and how it is seeping into just about every facet of the insurance industry.

en-US

13:28

A Look Back: One Year After Hurricane Ian

AM Best Audio ·

2023/09/08

Karthik Ramanathan, vice president and principal engineer, research and modeling, extreme event solutions team, and Steve Clarke, government relations, both from Verisk, dissect Florida’s deadliest hurricane since 1935 in search of answers as to what made Ian such a catastrophic event.

en-US

13:34

LIMRA’s Giesing: Annuity Sales Up 27% in First Half...

AM Best Audio ·

2023/09/07

Todd Giesing, assistant vice president, LIMRA Annuity Research, said total U.S. annuity sales climbed to $181.1 billion, setting a new record, in the first half of 2023, and LIMRA forecasts a strong second half of the year.

en-US

7:36

Voice of the Future

AM Best Audio ·

2023/09/06

Alex Martin, CEO and co-founder of Clearspeed, the market leader in assessing risk in speech, said he sees voice technology as an important tool for insurers when it comes to the future of fraud detection.

en-US

8:54

Opportunity Abounds in E&S

AM Best Audio ·

2023/09/05

Liz Kramer, newly appointed President of Excess and Surplus Lines, Munich Re Specialty Insurance, said the E&S market has almost doubled in the last four to five years.

en-US

7:35

Successful Environment

AM Best Audio ·

2023/09/04

Jamie Langes, vice president underwriting officer environmental for Philadelphia Insurance Companies sand that when considering the different impacts of environmental liability from a cleanup perspective to bodily injury and property damage it's very unique.

en-US

3:54

HAI’s Malaspina: ‘Human Firewall’ Is Best Defense...

AM Best Audio ·

2023/09/01

Ed Malaspina, chief executive officer and president, HAI Group, said the affordable housing sector is also vulnerable to cyberrisk. Malaspina spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

3:37

Kite Realty's Severson: Hurricanes, Carrier...

AM Best Audio ·

2023/08/31

Theresa Severson, vice president of insurance and risk management, Kite Realty Group, said captives are considered good options for safety and benefits programs. Severson spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

5:39

Axa XL’s Bauman: Captive Insurers Play Role in...

AM Best Audio ·

2023/08/30

Steve Bauman, global programs and captives director, Americas, Axa XL, said organizations face risk if their captives are noncompliant. Bauman spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

14:10

Vermont’s Bigglestone: Cells Offer Quicker Entry Into...

AM Best Audio ·

2023/08/29

Sandy Bigglestone, deputy commissioner, Captive Insurance Division, Vermont Department of Financial Regulation, said the attractiveness of cells lies in their existing infrastructure. They can be used to test the climate before possibly transitioning to a single-parent captive. Bigglestone spoke with AM Best TV at the annual VCIA conference in Burlington.

en-US

7:13

Michigan's Piner Sees Captive Future in Cannabis,...

AM Best Audio ·

2023/08/28

David Piner director of the captive program, Michigan Department of Insurance and Financial Services, said Michigan's program is growing, with about $2.5 billion in premiums written last year. Premiums could exceed $3 billion by the end of 2023. Piner spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

8:33

Hawaii's Shimomoto: Japanese Companies Help Drive...

AM Best Audio ·

2023/08/25

Paul Shimomoto, president of the Hawaii Insurance Council, said the state hosts 40 Japanese-owned captives, with seminars planned for Tokyo and Osaka. Shimomoto spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

8:08

Missouri’s Komo: Construction Sector Shows Interest...

AM Best Audio ·

2023/08/24

Sam Komo, captive insurance manager, Missouri Department of Commerce and Insurance, said the state aims to implement technological changes to streamline premium tax and financial filings. Komo spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

5:28

Delaware's Taylor: IRS Focus on Small Captives Sparks...

AM Best Audio ·

2023/08/23

Stephen Taylor, Delaware's director of the Bureau of Captive and Financial Insurance Products, said certain proposed IRS rule requirements are considered overly broad. Taylor spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

8:03

VCIA's Mead: Vermont Captives Emerge as Option for...

AM Best Audio ·

2023/08/22

Vermont Captive Insurance Association President Kevin Mead said the association has conducted a trade mission in Mexico, with representatives from that country and others attending this year's VCIA conference, held in Burlington.

en-US

4:31

Tennessee's Wiedeman: Healthy Captives Are...

AM Best Audio ·

2023/08/21

Mark Wiedeman, director, Captive Insurance Section, Tennessee Department of Commerce & Insurance, said the state recently licensed its 1,000th risk-bearing entity.

en-US

3:55

NC's Gorman: Legislation Set to Boost North...

AM Best Audio ·

2023/08/18

Lori Gorman, deputy commissioner, N.C. Department of Insurance, said legislation to modify the state's Captive Insurance Act includes extending premium tax holiday provisions. Gorman spoke with AM Best TV at the annual VCIA conference in Burlington.

en-US

8:00

Utah's Wegkamp: State Simplifies Captive Formation,...

AM Best Audio ·

2023/08/17

Travis Wegkamp, director of captive insurance, Utah, said changes to the state's captive regulations are aimed at helping small- and medium-size businesses meet their risk needs.

en-US

8:51

AM Best Captive Insurance Panel: Rated Captives See...

AM Best Audio ·

2023/08/16

A panel of AM Best rating analysts at the Vermont Captive Insurance Association conference attributed rated captives' strong performance over the past five years to minimal volatility, improved combined ratio and operating performance.

en-US

15:54

Captive Expert Panel: Parametric Cover Gains a...

AM Best Audio ·

2023/08/15

AM Best's Fred Eslami said a limited number of rated captive insurers are employing parametric coverage. Panelists spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

en-US

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