Editor’s Note: If you missed last week’s post, there is still availability to have us help you shop for home or auto insurance. We had a number of people sign up last week, but we’re caught up now and can accept more. Sign up here. With all the energy spent Continue Reading
What State Farm Might Buy Next
There’s been a lot of talk about the State Farm deal to invest in ADT, much of which I think misses the point. When you invest $1.2B in a company, the rationale isn’t “hey, we might get a few extra customers”. It’s “we expect the investment return to be above Continue Reading
The Commoditization of Insurance and How It Harms Consumers
I teased this topic a bit in the intro to last week‘s post so wanted to expand on it here. One of the things that surprises me most when people talk about innovation in insurance is how often the elephant in the room is ignored. The general trend in insurance Continue Reading
The Pending Decline of Usage Based Insurance Pricing
How’s that for a provocative topic? Yes, just as usage based auto pricing has become mainstream, it has already peaked and nobody has realized it yet. Think of it like the Time magazine effect. When everybody recognizes the trend, it’s time to “sell the news”. Now, at the risk of Continue Reading
Recurring Transitory Inflation and Personal Lines Profitability
With Fed Chair Powell changing his tune about “transitory” inflation, I thought it would be worthwhile to begin a deep dive on the challenges inflation brings to insurers because there appears to be a lot of false confidence out there. I guess that makes insurance companies more like the Fed Continue Reading