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Today's Headlines October 12, 2022

Broken Infrastructure, Scattered Wreckage, Alligators Greet Claims Teams

This special report from Claims Journal Editor Jim Sams details what insurance claims professionals are up against as they try to respond to damaged areas of Florida...Damaged infrastructure, downed cellphone towers and even an occasional alligator... read more
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Claims, Restoration, Underwriting & Risk Unite
 
Join the brightest minds to share a new perspective of what's possible in insurance and restoration. Take part in role-based tracks, learn from expert speakers, form new relationships and more.
 
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Ian Claims in Florida Topping 449,000 So Far, But Many More Expected

The number of claims filed from Hurricane Ian continues to rise, topping 449,000 as of Monday, and estimated insured losses stand at more than $4.2 billion, the Florida Office of Insurance Regulation reported. Some 322,268 claims — almost three quarters of the total — have been from residential property owners. Commercial property claims have come... read more
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 Brand Spotlight 
Product and Channel Synergy: Improving Placement for P&C Products

Your kitchen has been the same color for as long as you've lived in your home and you know it's time to make a change. You don't need the full remodel; you just need some paint (or so you think). You go to the paint ...read more
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AM Best Says Tower Hill 'Rearranging the Furniture'; Faces Surplus, Capital Problems

The downgrade of one of Tower Hill's insurance companies by AM Best financial rating firm, announced the day that Hurricane Ian nosed into southwest Florida, has led to new speculation that Tower Hill could be the next insurer to falter in the Sunshine State. Tower Hill officials, whose Gainesville-based companies as recently as late 2021... read more
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How One Computer Forecast Model Botched Hurricane Ian

As Hurricane Ian bore down on Florida, normally reliable computer forecast models couldn't agree on where the killer storm would land. But government meteorologists are now figuring out what went wrong — and right. Much of the forecasting variation seems to be rooted in cool Canadian air that had weakened a batch of sunny weather... read more
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SPONSORED BY: Talkdesk

Making AI Your Most Powerful Customer Experience Tool

Client experience is a crucial piece of any organization's success. Leveraging better digital and self-service experiences for customers can create a more efficient process and drive customer loyalty, with tech that is well-integrated into your business. Listen to this webinar to discover what problems AI can help solve in the insurance customer experience.... read more
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Information Expected to Emerge Slowly in Hospital Chain Cyber Attack

Details of an apparent cyber attack on one of the largest health systems in the U.S. were slow to emerge as security experts on Oct. 7 warned that it often takes time to assess the full impact on patients and hospitals. Earlier in the week, CommonSpirit Health confirmed it experienced an "IT security issue" but... read more
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MS Amlin Appoints Carrier as CEO; Slabbert Takes Helm at MSIG Holdings

MS Amlin Underwriting Limited (MS AUL), the Lloyd's re/insurer, has appointed Andrew Carrier as chief executive officer, effective Jan. 1, 2023. Carrier currently serves as MS AUL's chief underwriting officer. Before MS AUL, he spent six years at Everest Re, where he was responsible for the firm's London Market, Continental Europe and Asia Pacific reinsurance... read more
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Research and Webinars

Timing is Everything: How to Expertly Leverage Just-in-Time Appointments

For some carriers, shifting from global appointing to a just-in-time policy ...
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Image Analytics Provides Critical Insights for Small Commercial Underwriting

Get Critical Insights for Small Commercial Underwriting How much do you know ...
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Love Your Data (And Let It Unlock Your Future)

Missing data. Duplicates. Departmental silos. Privacy laws. Vanishing cookies. ...
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AM Best’s Market Share Report: Environmental, Social and Governance Risk Considerations Affecting this Market

In 2021, US crop insurers achieved favorable results, with record high premium ...
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This Digital Platform Creates a Unique Market Advantage

Today, insurers of all sizes are filling technical gaps by accessing ...
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Media

Before and After: Hurricane Ian

InsurTech Newsletter


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