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| | | | | | | New Compliance Challenges for Carriers | | | | In the wake of unprecedented agency M&A, carriers are challenged to manage agent licensing. Learn new methods to handle the complexity of compliance. | | | | | | | | RegEd | | |
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| Today's Headlines | December 22, 2021 |
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Never before, or at least never in the modern era, has the world witnessed such an extraordinary level of risk and uncertainty. Although a cursory look at the news confirms this, in-depth surveys like the 2021 State of Risk Oversight Report from North Carolina State University show that 67 percent of organizations across the board... read more | | |
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New technology such as social media has become a key driver of political risk in emerging markets, according to Willis Towers Watson's Political Risk Index Winter Update. The report notes that "social media has made activist politics more effective and empowered social groups that have traditionally shied away from political activism due to social discrimination... read more | | |
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The Internet of Things (IoT) is expanding exponentially, with connected devices permeating our personal and work lives and, increasingly, making homes smarter and safer. The rise of the smart home is critical for insurance carriers, who realize the benefit of having accurate, real-time data from ... read more | | |
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During the Fall 2021 National Meeting last week, Idaho Insurance Director Dean L. Cameron was elected 2022 of the National Association of Insurance Commissioners, and Missouri Insurance Director Chlora Lindley-Myers became 2022 President-Elect. Cameron was appointed Director of the Department of Insurance by the Idaho governor in 2015. At the time of his appointment as... read more | | |
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Investors in insurance-linked securities are leaning toward structured catastrophe bonds rather than broader ILS instruments to steer away from unexpected losses from secondary perils, experts speaking at recent Rendez-Vous conferences agreed. In addition, one analyst speaking at Munich Re's Roundtable earlier this month observed that while cat bond investors are accepting lower yields than they... read more | | |
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Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry's 2021 bill for weather-related claims well above the predicted $105 billion, industry experts said, and premiums should rise on worries that climate change will drive more severe weather. Tornadoes tore a 200-mile path through six states in the... read more | | |
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Lightning is one of the most destructive forces of nature, as in 2020 when it sparked the massive California Lightning Complex fires, but it remains hard to predict. A new study led by the University of Washington (UW) shows that machine learning—computer algorithms that improve themselves without direct programming by humans—can be used to improve... read more | | |
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A California candymaker must face a lawsuit by an employee who says she caught COVID-19 at work and gave it to her husband, resulting in his death, a state appeals court held on Tuesday, upholding what appeared to be the first ruling allowing a worker's lawsuit against an employer over a family member's COVID death.... read more | | |
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U.S. motorists drove 7.1 percent more miles in October over the same month last year as people returned to offices and resumed leisure trips, but the distance was off slightly from pre-pandemic levels and traffic deaths jumped dramatically. The Federal Highway Administration said on Monday that motorists drove 277.5 billion miles in October, up 18.5... read more | | |
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The National African American Insurance Association (NAAIA) announced the chartering of three new chapters: Arkansas, Colorado and Los Angeles. The three new chapters join these 18 existing and pending chapters: Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas-Fort Worth, Detroit, Florida (Tallahassee), Hartford, Houston, Indianapolis, Kansas City, New York, Philadelphia, San Francisco, St. Louis and Washington D.C.... read more | | |
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Networking equipment, tequila and footwear were high on the list of thieves intercepting cargo shipments during the 2020 holiday season, Verisk's CargoNet reported yesterday. CargoNet also offered tips for truck drivers, freight brokers and shippers to stem the tide in 2021. CargoNet reviewed theft data for the time period extending from December 23 to January... read more | | |
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| | Future economic fundamentals may produce tailwinds for insurers seeking to ... read more | |
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| | Effective distribution is essential to carrier success, especially as the ... read more | |
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| | How much do you know about the risks in your portfolio—and what might you be ... read more | |
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| | The home improvement boom was an unexpected risk for the P&C insurance ... read more | |
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| | Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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