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Today's Headlines October 4, 2022

Opinion: Consumers Pay the Price as Regulatory Interference Drives Property Insurance Market Instability

Many states are facing a growing affordability and availability crisis in property insurance markets, and it's not just because of climate change. While climate change is leading to more severe and frequent natural catastrophes, the insurance industry has made significant improvements in modeling and pricing the increasing risk of catastrophic exposure. Insurers, however, are facing... read more
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Video Report: IJ Editor on the Ground in Fla. Near Fort Myers

Hurricane Ian killed at least 100 people in Florida and the Carolinas, according to news reports, and is estimated to have caused more than $60 billion in insured losses. Thousands of homeowners in southwest Florida—where the most severe damage came from flooding and storm surge that topped 12 feet in some areas—do not have flood... read more
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 Brand Spotlight 
Product and Channel Synergy: Improving Placement for P&C Products

Your kitchen has been the same color for as long as you've lived in your home and you know it's time to make a change. You don't need the full remodel; you just need some paint (or so you think). You go to the paint ...read more
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InsurTech Lemonade Launches in UK

Lemonade, the New York City-based insurer that is powered by artificial intelligence, has launched in the United Kingdom, following previous moves in France, Germany and the Netherlands. Founded in 2015, Lemonade launched its flagship renters insurance in the U.S. in 2016. Lemonade customers can get a quote, purchase contents insurance, file a claim and get... read more
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Social Media Company Liability Draws U.S. Supreme Court Scrutiny

The U.S. Supreme Court will decide whether social media companies can be sued over targeted content recommendations, agreeing to hear an appeal from a family that says Alphabet Inc.'s Google bears some of the responsibility for a 2015 ISIS terrorist attack. The case marks the court's first test of the broad immunity social media companies... read more
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SPONSORED BY: Amwins Underwriting

Specialization Matters

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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National Flood Insurance Program Extended to Mid-December

Late last week President Joe Biden signed legislation passed by Congress to extend the National Flood Insurance Program's authorization to Dec. 16, 2022. "NFIP reauthorization is an opportunity for Congress to take bold steps to reduce the complexity of the program and strengthen the NFIP's financial framework so that the program can continue helping individuals... read more
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Executives on the Move at BHSI, Canopius, Plymouth Rock, the Big I

Berkshire Hathaway Specialty Insurance (BHSI) has appointed several claims executives to new roles within its North American region: Rob Romeo has been named head of Claims, North America. He has more than 20 years of industry experience and was previously senior vice president, U.S. Healthcare & Casualty Claims at BHSI. Romeo joined BHSI in 2013... read more
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Research and Webinars

How to Eliminate Data Silos and Create Cohesion Across Your Organization

Missing data. Duplicates. Departmental silos. Privacy laws. Vanishing cookies. ...
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AM Best’s Market Share Report: Factors that Have Helped Underwriting Results Stabilize in Recent Years

In 2021, US crop insurers achieved favorable results, with record high premium ...
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Survey Results: Keeping Up with Innovation a Major Challenge

In this newly released State of Technology Survey report, carriers and MGAs ...
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Increasing Customer Satisfaction with a Managed Repair Technology Ecosystem

Insurers face formidable challenges when it comes to the end-to-end handling of ...
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2022 Hurricane Exposure Report

Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ...
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Media

Leaders Challenged to ‘Reinvent’ the Workplace

InsurTech Newsletter


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