| Today's Headlines | May 16, 2022 |
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According to an analysis of loss reserves published in mid-March by Assured Research, 2021 marked the 16th straight year that the U.S. P/C industry's loss reserves developed favorably—by about $11.1 billion during 2021, or around 1.7 percent of the prior year's reserves. $11.1 billion is a big number. It roughly ties with the release in... read more | | |
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Cleaner air in the United States and Europe is brewing more Atlantic hurricanes, a new U.S. government study found. The National Oceanic and Atmospheric Administration study links changes in regionalized air pollution across the globe to storm activity going both up and down. A 50 percent decrease in pollution particles and droplets in Europe and... read more | | |
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The Kentucky Derby and Rich Strike – what an amazing combo! Even if you don't follow horse racing, it would be difficult to miss the come-from-behind story of Rich Strike, the against-all-odds (literally 85 to 1 odds) horse that won the 2022 Kentucky Derby last weekend ... read more | | |
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Facial recognition is making a comeback in the United States as bans to thwart the technology and curb racial bias in policing come under threat amid a surge in crime and increased lobbying from developers. Virginia in July will eliminate its prohibition on local police use of facial recognition a year after approving it, and... read more | | |
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Cover Genius, the InsurTech for embedded insurance, has appointed Gloria Basem as chief people officer (CPO). She will oversee talent acquisition, employee experience, growth, learning, DEI, career development and compensation. Basem most recently served as CPO for Stash, a fintech company. She has also served as CPO at MediaMath, a global adtech firm, New Avon,... read more | | |
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Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. Unfortunately, these adjustments have come with increased risks. According to a 2022 report from Barracuda, a cloud and networks security company, small businesses with fewer than 100 employees receive... read more | | |
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TikTok Inc. was blamed in a lawsuit for the death of a 10-year-old girl who allegedly participated in an online challenge in which people choke themselves until they black out. Nylah Anderson, an intelligent child who could speak three languages, was found unconscious in her bedroom in suburban Philadelphia on Dec. 7, according to a... read more | | |
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Acrisure, a fintech company that operates a global insurance broker, announced a partnership with Coalition, a global provider of cyber insurance and security. Acrisure's Cyber Services division will offer the Coalition Risk Assessment, designed to help small and midsize organizations understand their cyber and digital risk exposure. The risk assessment offers a personalized view into... 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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| | Better serve policyholders across your insurance workflows with powerful ... read more | |
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