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| | | | | | | Confirming Radius Class | | | | More than 95% of commercial vehicles are classified as local radius. How do commercial auto insurers confirm this? Learn how RadiusCheck® can help. | | | | | | | | Verisk | | |
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| Today's Headlines | February 3, 2022 |
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Let's declare it: The insurance workplace has been upended, changed forever, and there is no going back. How and where we work now, and with whom, is our new reality. That is a strong statement for the insurance industry, but largely on point. The core of our workplace has changed, and insurers are recognizing new... read more | | |
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| | | Advertisement | | |  | | | | Free Webinar on Geospatial Technology | | | Inaccurate pricing is a recipe for disaster. Our webinar demonstrates how to
use geospatial tech / data to enhance underwriting and price more precisely. | | | | | | | | Korem - The Geospatial One-Stop Shop |
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Chubb reported fourth-quarter 2021 net income of $2.1 billion, a decrease of 11.5 percent compared to the same period the prior year. Nevertheless, the insurer had what CEO Evan G. Greenberg called "one of the best years in our company's history" after the company posted a sharp rise in net income for all of 2021,... read more | | |
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Granular, in-depth reporting is the bedrock of performance advertising in the insurance industry. Indeed, if advertisers can't measure how different variables are influencing their performance, they won't have the information they need to improve that performance by adjusting their bids for different kinds of shoppers ... read more | | |
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Global commercial insurance prices increased 13 percent in the fourth quarter of 2021, a decline from the 15 percent increases seen in both the second and third quarters, according to Marsh's latest Global Insurance Market Index. Marsh noted that this is the 17th consecutive quarter of increases, but rates began to moderate in Q1 2021.... read more | | |
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Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by the Coalition Against Insurance Fraud and SAS. The Insurance Fraud Technology Study found that 80 percent of respondents to a survey of Coalition members taken last... read more | | |
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Artificial intelligence (AI) is undeniably changing the insurance industry. Carriers are justifiably enthusiastic about the opportunities for improved efficiency and cost savings. Unfortunately, the conversation about these benefits often revolves around the idea of AI as a replacement for humans—e.g., https://willrobotstakemyjob.com/ where jobs categories of "insurance underwriters" and "claims adjusters, examiners and investigators" are given... read more | | |
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The man who served as the conscience of the property/casualty insurance industry for nearly three decades is retiring from a long-held post as director of insurance for the Consumer Federation of America. The official statement from the CFA describes J. Robert "Bob" Hunter as the "father of insurance consumer advocacy," announcing Hunter is retiring as... read more | | |
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InsurTech Send Technology Solutions Ltd, based in the UK, announced its first U.S. partnership with Bowhead Specialty Underwriters Inc., a provider of specialty liability coverages. The deal sees Bowhead using Send's commercial insurance platform, which enables insurers around the world to automate, streamline and optimise their operations. The Send Underwriting Workbench, which supports and facilitates... read more | | |
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Selective Insurance is kicking off Insurance Careers Month with its third annual College Competition, which connects employees and independent insurance agencies to teams of students from around the country. The program offers the opportunity for students to gain valuable insurance career-building experience through hands-on work and to grow their networks through social and networking events.... read more | | |
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| | Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ... read more | |
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| | It's good to be in the E&S market right now. Indeed, E&S typically ... read more | |
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| | Strategy Meets Action (SMA) offers insurers insights on advancements in premium ... read more | |
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| | The home improvement boom was an unexpected risk for the P&C insurance ... read more | |
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| | This paper will review the current model of incident response for ransomware ... read more | |
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