| Today's Headlines | June 7, 2022 |
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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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Platforms are having a moment. Should insurance companies care? Increasingly more firms from different industries say that they offer platforms. The technology firms your insurance carrier or agency works with, manufacturers making smartphones or tablets, payment solution firms like PayPal, retail companies such as Amazon and Walmart—all say they offer platforms. None of these firms... read more | | |
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| | | Advertisement | | |   | | | | Data at Your Digits | | | | Dive into our new interactive State of the States credit analysis and learn more about Conning's annual review of all 50 states by credit quality. | | | | | | | | Conning |
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InsurTech Hippo, a home insurance group focused on proactive home protection, announced Monday that it has appointed President Richard McCathron as chief executive officer, replacing founder and prior CEO Assaf Wand. Wand has become executive chairman of the board to focus on long-term strategic initiatives, the company said. McCathron, recently interviewed by Carrier Management's Elizabeth... 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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General Motors Co.'s Cruise on Thursday became the first company to secure a permit to charge for self-driving car rides in San Francisco, after it overcame objections by city officials. Self-driving test cars with human safety drivers have become a constant sight in San Francisco, and completely driverless ones are increasingly common too. Turning them... read more | | |
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Elon Musk needs to cut one in ten jobs at Tesla. Some may already have their eye on the exit. The Tesla chief executive's intentions, conveyed in an internal email seen by Reuters, are rooted in what he described as his "super bad feeling" about the U.S. economy. Some of the nearly 100,000 people employed... read more | | |
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A mid-year update on the commercial property/casualty market from USI Insurance Services is the latest to report rate stabilization in most lines of business — except for cyber. The cyber insurance market "continued to correct" during the first half of 2022, with rates up 60 percent or more for optimal risks and more than 100... read more | | |
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When a driverless car is in motion, one faulty decision by its collision-avoidance system can lead to disaster, but researchers at the University of California, Irvine have identified another possible risk: Autonomous vehicles can be tricked into an abrupt halt or other undesired driving behavior by the placement of an ordinary object on the side... read more | | |
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When two companies merge, they see an initial benefit, but consumer dissatisfaction often erodes the new company's value. According to new research from the University of Georgia, big brands often struggle to maintain their market power after tying the corporate knot. Sundar Bharadwaj, the Coca-Cola Chair of Marketing at the UGA's Terry College of Business,... read more | | |
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| | A.I. Detects Fraudulent $13,000 Pizza Oven, Saves 30 Minutes per Claim. IAG ... read more | |
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| | Trampoline detected. Patio extended. New vehicle identified. This whitepaper ... read more | |
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| | According to the FBI, the insurance industry loses $40 billion per year to ... read more | |
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| | As the world has turned digital, technological business solutions continue ... read more | |
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| | Automation is essential to the insurance industry's digital transformation ... read more | |
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