| Today's Headlines | August 24, 2022 |
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Any founders considering launching an InsurTech MGA should learn how to juggle, panelists said during a discussion hosted by Socotra CEO Dan Woods at the 2022 OnRamp Insurance conference. "I don't know if I can tell you what we did first, because we were trying to do it all at once," said Elpha Secure CEO... read more | | |
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The Georgia insurance commissioner is publicly shaming one of the country's largest auto insurers after the carrier announced an average 25 percent rate increase in the state. "I am angry and disappointed that Allstate has chosen to exploit a loophole in state law to implement such a substantial increase in costs on hardworking Georgians when... read more | | |
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Insurance has long been a one-dimensional purchase – you buy it and keep the policy until you need it. The problem is that the interaction is largely one-sided, and most people never actually make a claim or reach out to their insurance company. However, the way ... read more | | |
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Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. As the world targets net-zero emissions by mid-century in an effort to cap global warming, hydrogen, particularly... read more | | |
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Rising inflation in Europe, which jumped to 8.9 percent in July 2022—the highest in 25 years—will hurt the profitability of property/casualty insurers in 2022-2024, according to London-based data and analytics company GlobalData. Premium growth is expected to be slower as rising inflation will affect the ability of policyholders to pay higher premiums, said a research... read more | | |
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SPONSORED BY: SOCOTRA Survival for carriers and insurtechs alike depends on the ability to launch new products quickly and on a budget — all while tailoring them to customer demands. Check out these five hard-earned lessons that distinguish the most successful insurers from their peers.... read more | 
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A company that supplies water to more than 1.5 million people in the UK disclosed it was hit by a cyber attack in an incident security experts said highlighted potentially dangerous vulnerabilities in the country's critical infrastructure. South Staffordshire Plc said on Monday that it was experiencing disruption to its corporate computer network as a... read more | | |
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"Take-home COVID" claims are claims brought against an employer by the spouse or child of an employee who caught COVID-19 in the workplace and brought it home, infecting a spouse or child and causing injuries. These claims are controversial because employees that are injured in the workplace are generally prohibited by workers compensation laws from... read more | | |
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| | Artificial Intelligence is going to be a major key to growth in this decade. ... read more | |
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| | Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| | Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| | The Property and Casualty (P&C) insurance industry is being dramatically ... read more | |
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| | It's likely that 65% of commercial trucks on your books are undervalued. ... read more | |
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