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| | | New On-Demand Webinar | | The future of workflow automation for carriers and MGAs is here. Learn how to implement intelligent workflows that empower you to do more for customers. | | | | Vertafore | |
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Today's Headlines | July 14, 2022 |
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In 2021, insurer and financial services company Nationwide reported the strongest earnings in the Fortune 100 company's history—$2.8 billion in operating income with sales of over $50 billion, another record number. What wasn't immediately apparent in a late-February media statement announcing those results was the contribution of property/casualty operations to those numbers—roughly $1 billion in... read more | | |
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Kalepa Corporation announced the launch of Kalepa Insurance Services, an insurance offering with capacity through a program partnership with specialty insurer Everspan Group. The excess casualty program at KIS, which is writing business effective immediately, focuses on small and mid-market insureds with policies distributed through exclusive wholesale broker partnerships. A variety of industries are in... read more | | |
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Artificial intelligence (AI) and machine learning (ML) are much in the news these days. But to paraphrase the late computer scientist Edsger Dijkstra, saying a machine is "intelligent" or "learning," is a bit like saying a submarine knows how to swim. What really matters is ... read more | | |
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FBI, Homeland Security and New York police officials have charged nine defendants including gang members with a violent racketeering and extortion conspiracy in attempting to take over an entire industry designed to help victims after a fire. The defendants, who officials said include members of the violent Bloods street gang, took control of First Response... read more | | |
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Cyber MGU At-Bay announced the appointment of insurance industry veterans to its board of directors yesterday—Scott Carmilani and David Lockton. Carmilani currently serves as executive chairman of Vault Insurance Services. He is the former chairman and CEO of Allied World Assurance Company Holdings, where he spent 20 years building the company from a small Bermuda... read more | | |
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CFC, a specialist provider in the cyber insurance market, delivered a warning about an emerging method of ransomware attack targeting small businesses. According to CFC's in-house cyber threat analysis team, the attack method– known as "BazarCall" has been growing in use among well-known ransomware groups and is responsible for an increasing number of malware infections... read more | | |
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Scientists, officials and activists have long called out the inequity in national histories on greenhouse gas emissions with rich nations benefiting and poor ones hurting from global warming, and now a study published Tuesday aims to calculate just how much economic impact large emitters have caused to other nations. The two Dartmouth scientists behind the... read more | | |
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Russia's invasion of Ukraine has brought the threat of nuclear warfare to the forefront. But how would modern nuclear detonations impact the world today? A new study published in early July provides stark information on the global impact of nuclear war. The study's lead author LSU Department of Oceanography & Coastal Sciences Assistant Professor Cheryl... read more | | |
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| Leading insurers are already implementing digital engagement solutions for ... read more | |
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| The Property and Casualty (P&C) insurance industry is being dramatically ... 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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| Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| Utica First Insurance transformed agency engagement with innovative ... read more | |
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