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Today's Headlines May 13, 2022

Insurers: Hire More Trial Lawyers Now

As the pandemic continues to wind down, and with jurors finally starting to return to large metropolitan courthouses across the country, it is becoming increasingly clear that insurance carriers are not ready to handle the impending wave of litigation that is on its way. Do you know which trials will go first? Will there be... read more
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Zurich Reports Strong Growth in Q1, Driven by Rising Commercial Insurance Rates

Zurich Insurance Group has made a strong start to the year and expects to exceed all its financial targets for 2022, despite ongoing inflationary pressures. The company has minimal exposure to the war in Ukraine. Premium rates will continue to exceed loss cost trends well into 2023, according to Zurich in its first-quarter earnings report... read more
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Vehicles With Assisted Driving Systems Struggle With Collision Tests: AAA

Assisted driving systems installed in Tesla Inc., Hyundai Motor Co and Subaru Corp vehicles failed to avoid head-on collisions in testing done by AAA, though Tesla's Autopilot system did slow the vehicle to a walking speed before striking an oncoming, foam model of a car. The AAA, a U.S. consumer and travel services organization, said... read more
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Airbnb Beefing Up Guest Services With Satisfaction Guarantees, AirCover Protection

Airbnb Inc. on Wednesday revealed what it's calling its "biggest change in a decade." Beyond modifications to its user interface and nifty new bells and whistles, it's also addressing one of the company's greatest pain points: poor consumer protections for guests. Airbnb will now offer a substantial set of satisfaction guarantees for guests and is... read more
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Earth Has 50-50 Chance of Hitting Key Warming Mark by 2026

The world is creeping closer to the warming threshold international agreements are trying to prevent, with nearly a 50-50 chance that Earth will temporarily hit that temperature mark within the next five years, teams of meteorologists across the globe predicted. With human-made climate change continuing, there's a 48 percent chance that the globe will reach... read more
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CoverGo Raises $15M Series A to Expand No-Code Insurance Platform

CoverGo, a global enterprise no-code SAAS insurance platform, secured $15 million in Series A funding led by California-based SemperVirens VC with participation from U.S. venture capital firms SixThirty, Tribeca Early Stage Partners and Fresco Capital. Strategic investors include pan-African insurance group Old Mutual, Asia-based insurance group Asia Financial Holdings, U.S.-based XN Worldwide Insurance—part of the... read more
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Research and Webinars

The State of Property Insurance

Trampoline detected. Patio extended. New vehicle identified. This whitepaper ...
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Best Practices for Enhanced Identity Verification Solutions

According to the FBI, the insurance industry loses $40 billion per year to ...
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A Robot for Every Person

As the world has turned digital, technological business solutions continue ...
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No-Touch, Straight-Through Claims Processing

Automation is essential to the insurance industry's digital transformation ...
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Data-Driven Property Intel for Faster Customer Relief

Better serve policyholders across your insurance workflows with powerful ...
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Media

EP. 35: Creating Harmony: What Cyber, Insurance Pros Can Learn from Music

InsurTech Newsletter


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