Critical Information for P/C Carrier Executives
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| | | | | | | Hit Replay on Connections Reimagined! | | | | The November premiere of Connections Reimagined is over, but the content lives on. Tune into the premier P&C industry event of the year! | | | | | | | | Guidewire Software | | |
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| Today's Headlines | December 18, 2020 |
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| "Unprecedented" is hands-down the word of 2020. It has been used to describe everything that's occurred during the pandemic from Supreme Court nominees to infection rates, lock downs, social activism, volunteerism, stock market records—even mortgage rates. The insurance industry has also seen its share of never-experienced-before events. For example, many insurers went completely digital in... read more |
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| | | Advertisement | | | | | | | | Insurance Strategies for 2021 | | | | CoreLogic insurance leader Mick Noland discusses what insurers must get right in 2021 and why American homeownership depends on it. | | | | |
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| Similar to the COVID-19 pandemic, climate change ultimately will be managed by "bending the curve" of temperature rises and greenhouse gas emissions, according to Rowan Douglas, Head of Climate and Resilience Hub at Willis Towers Watson. But that's where the similarities end. Douglas warns that the coronavirus pandemic will be a "drop in the ocean,"... read more |
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| How many books of business could flourish with a renewed investment in service? We see neglected or underappreciated books all the time. A carrier will abandon a book with a bright future because it loses money on the expense side, even though loss experience has been positive and the policies themselves are largely profitable. Why?... read more |
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| Openly, an InsurTech MGA focused on high-end homeowners insurance, raised a $40 million round of venture capital from multiple investors. The new investment will fuel a national expansion, hiring and further technological development. read more |
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| Lemonade said it has won one battle in its ongoing fight to use its signature pink in the European Union. read more |
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| The Lloyd's market is moving to end its insurance of coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022. read more |
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| Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even scale back on the cover they offer against cyber crimes, a report from a leading insurer showed. read more |
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| The European Union's capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like banning dividends to preserve solvency during market shocks, the bloc's insurance watchdog said on Thursday. read more |
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| Now On Demand: Carriers, do you wish you could read your agents' minds? This ...
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| "Managing agent licensing is a business-critical function for insurers and ...
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| Even before COVID-19, insurers struggled to keep up with increasing demand and ...
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| Progressive, Esurance and Lemonade have successfully adopted data-centric ...
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| It has never been more evident that traditional paradigms no longer serve the ...
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