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| | | Looking Beyond the ESG Label | | Despite tremendous current growth, ESG labeled bonds could play a less prominent role in sustainable investment strategies in the future. | | | | New England Asset Management | |
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Today's Headlines | April 22, 2022 |
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Insurance carriers, are you and your defense counsel ready for the "perfect storm" of litigation that is coming once the pandemic is over? Are your teams trained to defend against the increasing wave of nuclear verdicts—jury verdicts of $10 million or more, or those in which non-economic damage awards are disproportionate to the economic damages—that... read more | | |
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| Advertisement | | | | Towards a Safer, Smarter and Better World | | Governance. Safety. Community. Employment. This year's InsurTech Summit will examine how insurtech can lead us towards a better world. Join us for this 2-day virtual event. | | | | Carrier Management |
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Tesla is "trying to turn a nightmare into a dream with Tesla Insurance," Chief Executive Officer Elon Musk said Wednesday. His final words during an earnings conference call that lasted more than an hour came as Musk and Chief Financial Officer Zachary Kirkhorn addressed an analyst's question about profit margins and take-up rates for the... read more | | |
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How confident are you that the most up-to-date, reliable pricing information is driving the replacement cost estimates for your book of business? And even if your claims lined up with your premium yesterday, are you sure that today's rising inflation, higher costs for materials and ... read more | | |
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A sub-100 combined ratio is what publicly traded property/casualty insurance carriers strive to report. The sub-90s combined ratios that many carriers reported in 2021 are even better. A sub-80? That sounds like one for the record books. When RLI Corp. announced a 77.9 combined ratio across its entire book of business for the first quarter,... read more | | |
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The Catholic Diocese of Camden, N.J., and the committee representing about 300 survivors of clergy sexual abuse have reached an $87.5 million settlement that will establish a trust to compensate the survivors. The trust will be funded by the diocese and related Catholic entities and some insurance funds over a four-year period. As part of... read more | | |
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The global reinsurance and London market sectors face increased risks from rising claims inflation, financial market volatility and weakening price momentum, according to a commentary published by Fitch Ratings. As a result, Fitch has revised its outlooks for these sectors to neutral from improving. "When we last updated the outlooks in 2021, we expected higher... read more | | |
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The insurer first said it would pay to repair a breezeway at a student housing complex that partially collapsed during a Saturday night student party. Then it said it wouldn't and sent the policyholder a "confusing" and "deceptive" denial letter that didn't explain its change of course and misstated the terms of the policy, according... read more | | |
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Progressive, the insurer, and Dove, the Beauty Bar and personal products company, are teaming up to offer women a chance to win "Hair Assurance." Described in a media statement as "protection from mishaps like a DIY bang trim gone wrong or an at-home boxed dye disaster," there's a disclaimer that explains it's not really insurance.... read more | | |
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Spot Pet Insurance is leveraging Cameo for Business to launch a star-studded digital marketing campaign for 2022. The campaign will feature 25 celebrity pet owners, including Erin Andrews, Brian Baumgartner, Gabby Douglas, Sonja Morgan, Lindsay Lohan, and more. "At Spot, the celebrities are usually cats and dogs," said Trey Ferro, CEO at Spot. "With Cameo... read more | | |
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| A clunky and inefficient claims process leads to unhappy customers. This guide ... read more | |
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| Research firm Aite-Novarica interviewed 10 life, annuity, and P/C insurance ... read more | |
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| This must-read white paper illuminates the role technology plays in solving two ... read more | |
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| A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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| Today, there are four major forces that are putting pressure on the property ... read more | |
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