Insurance Industry Addresses Compliance Costs for Small and Midsize Carriers
1 report, 1 independent
Updated Wed 00:00
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What happened
The American Property Casualty Insurance Association held its annual meeting in Boston, which was chaired by David Bell, CEO of ALPS Corp. During the meeting, Bell noted that a study by APCIA found small and midsize carriers bear disproportionately higher compliance costs relative to premium compared to larger insurers. The association is now initiating efforts to address this issue.
From insurancejournal.com
Why it matters
The initiative aims to reduce what Bell described as a
Who's involved
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The entities involved
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Boston
capital and largest city of Massachusetts, United States
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David Bell
researcher ORCID ID = 0000-0003-3148-6691