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| Today's Headlines | August 15, 2022 |
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Inflation likely won't subside anytime soon, and insurers will need to be proactive and flexible if they want to stay on top of the challenges, said Keith Buckley, managing director of Fitch Ratings' global insurance rating group. He was speaking on the most recent episode of Carrier Management's Strategy Sessions webinar series. "I think the... 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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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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Zurich Insurance Group reported a better-than-expected 25 percent rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ($1.91 billion) share buyback on Thursday, sending its shares higher. Europe's fifth-largest insurer said it was on track to beat all its 2022 targets. Zurich's... read more | | |
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Here's something to think about after two years of living in a COVID-19 reality: More than 58 percent of human diseases caused by pathogens — think dengue, hepatitis, malaria, Zika — have been "aggravated by climatic hazards." Research published last week in Nature Climate Change by scientists from the University of Hawaii at Manoa examines... read more | | |
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Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended U.S. sales of a product that drew thousands of consumer safety lawsuits. "As part of a worldwide portfolio assessment, we have made the commercial decision to transition to an all cornstarch-based... read more | | |
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The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme heat and other problems imposed by climate change. Funding for the Building Resilient Infrastructure and Communities (BRIC) program, which funds projects that protect people and infrastructure from natural hazards and... read more | | |
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| | Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| | For many carriers, providing an exceptional digital experience for agents is a ... read more | |
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| | A.I. Detects Fraudulent $13,000 Pizza Oven, Saves 30 Minutes per Claim. IAG ... read more | |
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| | Trampoline detected. Patio extended. New vehicle identified. This whitepaper ... read more | |
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| | Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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