PERR&KNIGHT NEWS + UPDATES
Stay up to date on the insurance industry with the latest articles from our team of experts. Visit the Perr&Knight blog where posts are shared regularly.
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BUYING A SHELL? MAKE SURE YOU GET WHAT YOU PAID FOR
Many insurers are aware that reactivating operations in a shell company that has been granted licenses but isn’t currently writing policies is a shortcut to quickly enter into new jurisdictions or lines of business. However, investing in a dormant shell without thoroughly exploring its limitations can create expensive headaches down the line. Read More >
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NOAA RELEASES REPORT ON HISTORIC YEAR FOR EXTREME WEATHER
There is no doubt that 2020 was a rough year in many respects. While the Coronavirus pandemic was frequently the topic of conversation, there was considerably more to talk about for those in the insurance industry.NOAA released a report that there were an unprecedented 22 extreme weather events in the United States last year, causing 262 fatalities and totaling at least $95 billion in damages. Read More >
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CALIFORNIA APPROVES VEHICLE HISTORY RATING FOR PERSONAL AUTO
Companies now have a new tool to more accurately price personal auto insurance in California. The TransUnion Vehicle History Score powered by CARFAX® was approved by the California Department of Insurance (“CDI”) in a personal auto filing for Acceptance Insurance. Read More >
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SOUTH DAKOTA SPRINGING FORWARD WITH INSURANCE WAIVER
Set to take effect on July 1, 2021, Senate Bill 55 will allow a waiver on some requirements for regulated access to South Dakota’s insurance market to allow insurers to test innovative insurance products or services. Read More >
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MEET OUR NEW TEAM MEMBERS
We are happy to share that our team is growing! We welcome aboard:
- Phil Richied, Sr. Actuarial Consultant
- Tessa Roidt, Product Design Consultant
- Everett Fisher, Data Analyst
- Robin Vaughn, Operations and Technology Consultant
- La’Quita Hucks, Licensing Analyst
- Kristina Carmichael, State Filings Analyst
- Larisa Wirth-Granlund, State Filings Analyst
- Tyler Reed, Sr. Actuarial Consultant
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FROM CONCEPT TO REALITY
Technology’s growing influence, changes in consumer behavior, and continuous advancements in data collection and analytics have resulted in many exciting opportunities for never-before-seen insurance products. But your big idea is only half of the equation.
Do you have the expertise to avoid the many pitfalls that can stall even the smartest concepts?
Or are you unsure of where to begin?
Download this guide to successfully navigate the launch of a new insurance product.
View Guide >
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