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| | | | | | | What business do you want to win? | | | | As you set goals for the next three to five years, learn how economic and industry data can help uncover opportunities to fuel your strategic planning. | | | | | | | | Verisk | | |
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| Today's Headlines | July 25, 2022 |
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For U.S. property/casualty insurance carriers, the landmark proposal by the U.S. Securities and Exchange Commission (SEC) on the disclosure of climate-related risks and greenhouse gas emissions (GHG) is a complicated matter. For several years, many insurers have voluntarily provided climate risk disclosures and pledged to reduce their investments in and underwriting of companies that produce... read more | | |
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With inflationary effects still hitting the books of property/casualty insurers, including Travelers, analysts are worrying about the next macroeconomic shoe to drop—a recession. But the leader of the Hartford, Conn.-based carrier, which one analyst referred to as "essentially the insurer of the U.S. economy," said the company's underwriters and executives aren't seeing any signs of... read more | | |
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Reconstruction costs, including materials and retail labor, slowed their rate of increase entering the second half of the year as lumber prices fell from peak levels reached during the pandemic, but the degree of relief may be less than it seems given the extreme upswings ... read more | | |
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Funding for the InsurTech sector held steady in the second-quarter of 2022, coming in at roughly $2.4 billion, the same as the overall funding figure recorded for first-quarter 2022, according to data released by CB Insights last week. The consistent quarter-over-quarter dollar figure comes after a sharp downturn in the first quarter, with the $2.4... read more | | |
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Florida's top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm after the organization reportedly notified 17 insurers that they will soon be downgraded. Demotech President Joe Petrelli said Thursday evening that the Florida insurance commissioner, the state's chief financial officer and the FAIA had misconstrued his... read more | | |
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Betterview, an InsurTech provider of intelligence to property/casualty insurance companies, announced a new partnership with location intelligence and aerial imagery company Nearmap. This partnership enables customers of Betterview's recently released CAT Response System for claims to assess which insured properties were impacted by catastrophic events. Nearmap ImpactResponse captures high-resolution imagery shortly after severe weather events,... read more | | |
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A popular Chinese-made automotive GPS tracker used in 169 countries has severe software vulnerabilities, posing a potential danger to highway safety, national security and supply chains, cybersecurity researchers have found. A report by the Boston cybersecurity firm BitSight says the flaws could let attackers remotely hijack device-equipped vehicles, cutting off fuel to them and otherwise... read more | | |
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Verisk has named Elizabeth Mann as executive vice president and chief financial officer, effective Sept. 15, 2022. She will lead Verisk's global finance organization, including accounting and controllership, financial planning and analysis, investor relations, strategic sourcing and procurement, tax and treasury. Mann comes to Verisk from S&P Global, where she was chief financial officer for... read more | | |
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Bosses and workers rarely agree on what matters when it comes to the future of work. But there's division even within the C-suite, particularly regarding the disparate treatment remote and in-office workers can face. Younger executives cited those inequities as their top concern around flexible work arrangements, but the same issue ranked dead last among... read more | | |
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| | Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| | When every employee has a software robot to help with mundane tasks, it frees ... read more | |
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| | Now On Demand! Strategy Sessions – A Lunch Hour Look at Critical Topics with ... read more | |
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| | Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| | Utica First Insurance transformed agency engagement with innovative ... read more | |
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