Today's Headlines | July 5, 2022 |
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Becoming truly digital is going to be a long, arduous, zigzag, stop-and-go journey for all companies involved with insurance commerce regardless of their role in the insurance ecosystem. Insurance commerce becoming truly digital is decades away from fruition Very few, if any, of the insurance ecosystem participants are going to succeed in becoming truly digital... read more | | |
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When a cognitive bias expert gave the keynote address at a Casualty Actuarial Society meeting in May, he called actuaries the unsung heroes and heroines of their property/casualty insurance organizations. But CAS members and risk management professionals, who valiantly convey information about risks that need to be managed and priced, have a communication problem, said... read more | | |
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Insurance has long been a one-dimensional purchase – you buy it and keep the policy until you need it. The problem is that the interaction is largely one-sided, and most people never actually make a claim or reach out to their insurance company. However, the way ... read more | | |
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The U.S. Supreme Court on Thursday curtailed the Environmental Protection Agency's ability to restrict greenhouse gas emissions from power plants in a 6-3 ruling that some legal experts said would more broadly curb the federal government's regulatory power. Below is an explanation of the court's decision and its wider impact: What Did the Court Say... read more | | |
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Wholesale broker Risk Placement Services (RPS) said more than 20 new insurance companies and managing general agents have entered the excess & surplus marketplace over the last couple of years — and they may be more aggressive than incumbent insurers. "In my 30-plus year career, I've never seen so many new market entrants come in... read more | | |
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Global grain markets are at a pivot point, with prices finally starting to ease after a dizzying surge earlier this year. Where things go from here could end up being determined by farmers like Justin Sherlock and the extreme weather that's hitting parts of the U.S. crop belt. For Sherlock, like most of America's farmers,... read more | | |
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The medical profession in New Hampshire is accusing the insurance industry of using "junk science" in justifying its denials of COVID-related business insurance claims. In an amicus brief in a case between a hotel chain and eight insurers, the New Hampshire Medical Society blasts the insurers and the industry trade group the American Property Casualty... read more | | |
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| Leading insurers are already implementing digital engagement solutions for ... read more | |
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| The Property and Casualty (P&C) insurance industry is being dramatically ... read more | |
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| Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| Utica First Insurance transformed agency engagement with innovative ... read more | |
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