Critical Information for P/C Carrier Executives
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Today's Headlines | January 21, 2021 |
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Carriers will find themselves facing another series of unprecedented challenges heading into 2021. S&P predicted in July that the U.S. P/C industry will see a 100.7 combined ratio in 2020, following two consecutive years where it was below 100. The COVID-19 pandemic continues to amplify these rising ratios. As the pressure mounts to stunt the... read more | | |
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Carrier Management published its first magazine of 2021 last Friday, "Between The Quarters: What To Focus On in 2021," in digital format. If you didn't receive a copy in your email inbox, all the articles are now available to view on the magazine page of our website. Already popular highlights of the edition include articles... read more | | |
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Before wading into the business of insuring flood, it's imperative property insurers have a solid understanding of federal flood legislation and coverage limits surrounding the National Flood Insurance Program. The National Flood Insurance Program (NFIP) is a program established by the U.S. Congress in...read more |
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In the wake of COVID-19, property/casualty insurance senior executives should consider deputizing underlings to completely take over if they become ill or incapacitated, a veteran insurance and InsurTech executive said. read more | | |
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By 2050, climate change-related weather events will have a meaningful impact on future hurricane losses, increasing them by 20% or more and in some cases doubling them, even without any increase in the concentration of property exposure along the coast, new research estimates. read more | | |
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HSBC Holdings Plc and Malayan Banking Bhd.'s insurance venture are among shortlisted bidders for AXA SA's business in Singapore, which could raise about $700 million in a sale, according to people familiar with the matter. read more | | |
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Lemonade has quietly debuted term life insurance, according to its web site. read more | | |
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Ford Motor Co. must recall 3 million vehicles with potentially defective driver-side Takata air bags, the U.S. auto safety regulator said on Tuesday, rejecting a bid by the second-largest U.S. automaker to avoid a recall. read more | | |
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A Liberty Mutual division launched new terrorism insurance coverage in Germany. W.R. Berkley Corp.'s Berkley One unit added or introduced new coverage to a number of states. read more | | |
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| Now On Demand: Carriers, do you wish you could read your agents' minds? This ... read more | |
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| "Managing agent licensing is a business-critical function for insurers and ... read more | |
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| For the Insurance industry, digital transformation has shifted from the 3 - 5 ... read more | |
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| Progressive, Esurance and Lemonade have successfully adopted data-centric ... read more | |
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| It has never been more evident that traditional paradigms no longer serve the ... read more | |
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