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Today's Headlines December 7, 2021

How to Lower Legal Expenses and Improve Litigation Outcomes With Analytics

Defending lawsuits and managing trials is a major focus area and expense category for insurers—whether they are defending insureds against liability claims or defending themselves in coverage and bad-faith actions. There are many reasons why an involved party may file a lawsuit: impasse during negotiations, lawsuit at first notice of claim, inefficient claim handling, allegations... read more
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From Digital Acceleration to Wellness Advances; COVID-19 Spurred Industry Innovation Everywhere

At ITC Vegas 2021, InsurTech entrepreneurs and insurance executives came to the large industry gathering well-positioned to market their digital products after their pandemic experiences, along with new insights on how they themselves could get work done remotely. After their experiences, carriers were changed, too, challenged by the pandemic to accelerate their digital transformations and focus on their employees' collective well-being. read more
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 Brand Spotlight 
The 1 Thing Every Insurance Advertiser Needs to Do to Optimize Performance

If you want to improve your digital marketing efficiency, there is no getting around one simple truth: you need to know which of the consumers who clicked your ads went on to purchase a policy. After all, the whole point of an insurance carrier's performance ...read more
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Diversity a Big Part of Post-Pandemic Hiring: III Joint Industry Forum

Victor Terry has a simple tip for insurers hiring new, younger employees: They don't have any particular desire to fit in. "Gen X, which I am a part of, [has] learned how to figure out how to compete, and how to be selective and immediately fit in as soon as possible," said Terry, VP of... read more
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Fitch Predicts Double-Digit Rate Increase for Property Cat Reinsurance in 2022

Fitch Ratings predicts reinsurance rates will increase by more than 10 percent in catastrophe-related lines of business for January 2022 renewals, which supports the improving sector outlook for 2022. Fitch said it expects a double-digit rate hike for property catastrophe insurance in 2022 after insured losses of around $100 billion in 2021 and the prospect... read more
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SPONSORED BY: Verisk

Five emerging risk trends facing homeowners (and how we're addressing them)

As a famous truant once observed, "life moves pretty fast." Today's homeowner risks include technologies that were barely invented a decade ago, demographic trends that hadn't fully emerged, and a plant that (depending on where you live) may no longer get you in trouble.... read more
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Sartain Named Head of Marsh Specialty for U.S. and Canada

Marsh named Michelle Sartain as head of Marsh Specialty for the U.S. and Canada. In this role, Sartain will oversee Marsh's aviation, construction, energy and power, credit specialties, financial and professional (FINPRO), marine, private equity and M&A (PEMA), and transactional risk specialty businesses in the region. She takes on the new position as of Jan.... read more
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U.S. SEC Investigating Tesla Over Whistleblower Claims on Solar Panel Defects

The U.S. securities regulator has opened an investigation into Tesla Inc over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years, according to a letter from the agency. read more
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IMF Official: Omicron COVID Variant Will Lead to Growth Downgrades

Global economic growth projections from the International Monetary Fund will likely be downgraded due to the emergence of the Omicron variant of the coronavirus, IMF Managing Director Kristalina Georgieva said on Friday. read more
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La Nina, Stuck Jet Stream Blamed for Unusually Warm Weather

America's winter wonderland is starting out this season as anything but traditional. The calendar says December but for much of the country temperatures beckon for sandals. Umbrellas, if not arks, are needed in the Pacific Northwest, while in the Rockies snow shovels are gathering cobwebs. read more
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Research and Webinars

APIs: Game Changer for Commercial Auto

Simplicity and efficiency for commercial auto. Two key business drivers for ...
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How to Underwrite Precisely, Reliably, and Beyond the Customer’s Expectations

Data should point the way, not get in the way. Making the most of abundant ...
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Innovation-Driven Growth in Commercial Auto

Accelerate competitiveness with a digital ecosystem. Revolutionize your ...
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Commercial Lines Forecast

Future economic fundamentals may produce tailwinds for insurers seeking to ...
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Digital Strategies & Shifting Priorities in Commercial Lines Insurance

Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ...
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Media

EP. 28: Looking in the Rearview Mirror: Cyber Lessons Learned from 2021

InsurTech Newsletter


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