Attendees interviewed at NAMIC’s 129th Annual Convention, held in Denver, emphasized the industry's commitment to policyholders while adapting to changing climate conditions.
Oct. 1, 2024
View Full Best's Event Coverage of the NAMIC 129th Annual Convention
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Top Issues at NAMIC Gathering: Policyholder Focus, Risk Management, AI
NAMIC's Alldredge: P/C Mutual Sector Sees Consolidation Trend, Not Demutualization
NAMIC's Grande: Tax Reform Looms Large for Insurance Industry
North Star Mutual's Hellie: Company Invests in Local College To Tackle Talent Shortage
Gen Re's Beardsley: Auto Insurance Woes Continue as Casualty Claims Severity Rises
Greater New York Mutual's Heck Warns of Regulatory Overreach
NAMIC's Collins: State-Level AI and Data Privacy Debates Could Sweep Up Insurers
Harford's Linkous: Weather and Reinsurance Driving Consolidation in Mutual Insurance Market
AM Best's Holzberger and Diodato: Insurers Respond to Rising Cat Losses With De-Risking, Rate
Mutual Group's Chamness: Mutuals Face 'Perfect Storm' of Challenges
Swiss Re's Badanes: Responsible AI Use Emphasizes Explainability and Bias Prevention
Surefyre's Gonzales: API Integrations Are Revolutionizing Insurance Operations
Guy Carpenter's Domino: Reinsurers Seek Deeper Partnerships Across Multiple Business Lines
Convr's Stammen: Insurance Underwriters See a Productivity Boost With AI Integration
NeuralMetrics' Schrenk: Legacy Systems, Change Management Are Hurdles in AI Integration
Xceedance's Stokes: Mutual Insurers Navigate AI Integration While Preserving Customer Trust
Mutual Panel at NAMIC: Regional Disparities Emerge in Mutual Insurance Performance
Swiss Re's Ningen: US Litigation Funding Driving Up Casualty Insurance Losses
Western National's Long: Mutual Insurers Have an Advantage in Developing Talent
NAMIC's Kirkner: Mutual Insurers Ramp Up Judicial Advocacy Efforts
Pennsylvania Lumbermens CEO Warns of Leadership Vacuum as Insurance Industry Grays
Grinnell's Menary: Global Reinsurance Shifts Reshape Mutual Insurance Landscape
NAMICO CEO Warns of Coordinated Plaintiff Strategies in Insurance Disputes
AM Best's O'Larte: Weather Events and Inflation Squeeze Profits for Small, Regional Mutuals
AM Best: US Property/Casualty Mutuals Resilient Despite Persistent Volatility