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| | | | | | | Maintaining ITV in a volatile market | | | | Do your commercial property valuations accurately reflect today's rising inflation, higher material and labor costs, and shifting supply chain dynamics? They should. | | | | | | | | Verisk | | |
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| Today's Headlines | September 22, 2022 |
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The insurance industry still has a lot of work to do when it comes to diversity, equity and inclusion. In fact, despite a strong DEI push across the industry, there was little change in racial, ethnic and gender representation among employees at the largest U.S. insurers between 2017 and 2021, according to a new report... read more | | |
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| | | Advertisement | | |  | | | | Win the race for insurance talent | | | | Get your free copy of the Reuters Insight guide to win and retain talent based on peer-sourced data - essential in a competitive marketplace. | | | | | | | | Reuters Events |
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Donald Trump and the Trump Organization used false and misleading statements of financial condition to obtain favorable real estate loans and insurance coverage over the last decade, according to a 222-page civil complaint filed by New York Attorney General Letitia James after a three-year investigation. The suit names the Trump Organization, Donald Trump, three of... read more | | |
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Average auto use is only 4% of each day, yet a new vehicle purchase frequently costs 50% of someone's annual income. When you add in taxes, fuel, insurance, and maintenance, many people can't make a logical case for ownership. This is especially true ... read more | | |
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A new cyber trends mid-year report released by cyber insurer Coalition suggests that while small businesses continue to be targeted, overall incidents are down and ransomware attacks are declining as demands go unpaid. During the first half of 2022, the average cost of a claim for a small business owner increased to $139,000, which is... read more | | |
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Pie Insurance, an InsurTech specializing in workers compensation insurance for small businesses, said it raised a $315 million Series D round of funding — the largest round of financing for any U.S.-based P/C InsurTech company in 2022. The fundraise more than doubled Pie's total capital raised to over $615 million. The round was led by... read more | | |
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SPONSORED BY: Notion, a Comcast Company 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.... read more | 
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Bundling home and auto insurance may have hit a roadblock as consumers have started to break up policies largely due to increases in auto insurance premiums, according to J.D. Power. Overall satisfaction and retention rates have been hurt by rising auto premiums as insurers scramble to make up for increases in loss costs due to... read more | | |
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Recent product launches in the property/casualty insurance world include embedded insurance offerings from NEXT and Trellis matching customers of non-insurance companies with insurers, a tool to match carriers with appropriate technology partners from Celent, a cyber insurance add-on for homeowners from Safeco, and technology to deliver interior measurements of a property from a smartphone photo,... read more | | |
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Allstate has hired the chief technology officer of CVS Health, Zulfi Jeevanjee, into the newly created role of executive vice president and chief information officer. He will be responsible for all business- and consumer-facing technology at Allstate, advancing its technology platforms and enabling digital transformation across the company. He will oversee architecture and systems engineering... read more | | |
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| | In 2021, US crop insurers achieved favorable results, with record high premium ... read more | |
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| | Today, insurers of all sizes are filling technical gaps by accessing ... read more | |
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| | Insurers face formidable challenges when it comes to the end-to-end handling of ... 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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| | Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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