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Insurance insights for your whole team! Just forward this email with your colleagues so they can get a subscription! |
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U.S. property/casualty insurers represent a source of stability amid the recent tumult of socioeconomic disruption from the coronavirus pandemic. The industry strengthened its capital base and generated consistent statutory underwriting performance and net profits in the last four years, despite volatility in claims losses from natural catastrophes, pandemic-related claims and litigation-related loss severity. However, returns... read more | |
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Nearly three quarters of global cyber-risk decision-makers recently surveyed said their company experienced at least one cyber attack in the past year, and while these attacks have spurred more investment in cyber-risk mitigation efforts, just 3 percent rated their company's cyber hygiene as excellent. Broker Marsh partnered with Microsoft Corp. for the survey and report,... read more | |
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With automation and analytics advancing at a rapid pace, many insurers are looking to transform the experience of buying commercial coverage, from time-consuming and challenging to fast and easy. But for many commercial lines insurers, that transformation is still just a dream. That's because commercial ... read more | |
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| | | | | | | The 5 Ways PA Can Help You Grow | | | | In this interactive webinar, Pia Corbin, retired SVP at Geico, will discuss how PA (predictive analytics) enabled Geico to overcome certain core business challenges. | | | | | | | | Pecan AI | | |
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The U.S. Supreme Court decided Monday that it will not hear an appeal of a decision that denied coverage for losses caused by COVID-19 shutdown orders, effectively closing the last door for such claims in the federal court system. The court declined a petition by Goodwill Industries of Central Oklahoma to review a decision by... read more | |
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The language used in Facebook posts can identify people at risk of hazardous drinking and alcohol use disorders (AUDs), according to a new study. Social media platforms are a "low-cost treasure trove" of data, researchers claim, expanding the options for studying, screening, and helping people at risk. Social media content in recent years has been... read more | |
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SPONSORED BY: Amwins Underwriting We recognize that not all business risk is created equal. That's why we've dedicated our practice to niche industries, creating a team of specialists that understands the nuances of the markets we support. In fact, we're so confident in our underwriting acumen and coverage solutions that our success is tied to yours.... read more | 
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The pay gap between workers and CEOs at 300 publicly listed U.S. companies with the lowest median wage jumped in 2021, a study from the Institute for Policy Studies (IPS) showed on Tuesday. The average gap was 670 to 1, up from 604 to 1 the prior year, while 49 companies had ratios above 1,000... read more | |
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Offering innovations to promptly respond to victims of natural disasters, fintech Captain and climate adaptation technology company Cloud to Street recently announced new product launches. *** Captain, a fintech platform that helps homeowners rebuild after natural disasters by paying general contractors upfront, announced its "Build Now, Pay Later for Deductibles" feature for homeowners' insurance deductibles... read more | |
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Global specialty re/insurer SiriusPoint Ltd. announced two internal appointments to the company's Executive Leadership Team. Patrick Charles has been promoted to global head of Property and Casualty Insurance & Services. He was previously head of Americas P&C Insurance. Charles joined SiriusPoint in 2021 from Zurich Insurance Group, where he held North American leadership roles in... read more | |
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