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| | | | | | | Turn Data Into Action | | | | Discover how on-site expertise paired with advanced computer modeling can empower your underwriting with more risk insights for 15.4 million properties. | | | | | | | | Verisk | | |
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| Today's Headlines | February 7, 2022 |
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Get a quote for life insurance just by sending a selfie or for your house by answering a few online questions. Keep track of your oral health using the smart toothbrush provided by your dental insurance provider. Use your mobile phone and get an estimate for the damage to your automobile within minutes. Even turn... read more | | |
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Last month the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4 billion in damages Merck & Co. said it suffered from a spring 2017 cyber attack known as NotPetya. The court "unhesitatingly" found that the nearly identical war exclusions contained within Merck's all-risk property policies worth... read more | | |
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Smart technology is becoming increasingly crucial for reducing insurance losses for Property and Casualty (P&C) carriers. New smart home technology, such as internet-connected security systems, smoke detectors and sensors, can alert homeowners when there's a potential issue and provide vital data and new revenue streams ... read more | | |
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Insured losses from major natural catastrophes in 2021—excluding COVID-related losses—have so far reached an estimated $116 billion, the third largest total since 2011, and about 63 percent higher than the average loss of $71 billion since 2011, according to Gallagher Re. The total was driven by a series of extreme weather-related events in the U.S.... read more | | |
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The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance Agents and Brokers of Washington jointly filed two legal actions to halt the enforcement of a rule banning the use of credit for rating purposes in Washington. Washington Insurance Commissioner Mike Kreidler's rule banning the use of credit scoring... read more | | |
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SPONSORED BY: CoreLogic Over the past year, online client demand has maintained a steep upward climb. To meet these new customer expectations, carriers must focus on three main areas of change: online consumer engagement, technology capability, and operational alignment.... read more | 
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Net income at The Hartford for the fourth quarter of 2021 ended at $729 million, a 36 percent increase from income of $537 million the same period a year earlier. For the year, net income was about $2.37 billion compared to $1.74 billion in 2020. The Hartford, Conn.-based insurer's commercial lines segment doubled net income... read more | | |
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As companies continue facing COVID-19 challenges regarding a sick or isolating workforce, insurers are questioning the impact of resilience fatigue on their customers in 2022, according to a recent report by specialist insurer Beazley. Although the majority (84 percent) of business leaders surveyed in the report said they would be more resilient in 2022, business... read more | | |
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The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations, industry sources say. Olympic Games, top events on the sporting calendar, are always both a major business opportunity and a great headache... read more | | |
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Zurich North America launched a new initiative in February called "100 Acts of Caring." Zurich employees will give back to their communities in 2022 by completing a minimum of 100 acts of caring through volunteering and financial contributions. The initiative is part of the insurer's celebration to mark its 100-year anniversary serving auto dealerships across... 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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| | 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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| | This paper will review the current model of incident response for ransomware ... read more | |
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