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Today's Headlines December 27, 2021

Resolve Not to Resolve; Make SMART Goals Instead

Why do so many resolutions not make it past the first week of January? Are people just less tenacious than they used to be, or do people just expect to break them? As we seemingly rush headlong toward the start of a new year, isn't it amazing how time flies? Where did 2021 go? Mind... read more
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Does Workers Comp System Do Harm? Employers Seek Ways to Curb Lawsuits

Employers may be warming up to the idea that fighting some workers compensation claims and medical treatments can be counterproductive, and new emphasis should be placed on keeping injured workers happy—and out of the courtroom. "The workers comp system should be self-executing and so many times, it's not," said Michele Adams, vice president of risk... read more
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 Brand Spotlight 
The Insurtechs Aren't "On the Rise"–They've Already Arrived

For several years, insurance industry observers have discussed the rise of the so-called "insurtechs", a growing class of technology companies that use data science, digital technology, and artificial intelligence to help consumers find and purchase the policies that are right for them. But heading into ...read more
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Hallmark Financial Calls Off IPO Plans for Specialty Commercial Biz

Hallmark Financial Services, Inc. announced on Thursday that will no longer actively pursue a previously announced separation of its specialty commercial business segment and will not proceed with an initial public offering of the specialty segment. It was in late January when Hallmark first announced that it would explore the separation of its specialty commercial... read more
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P/C Insurers Less Bullish on Telematics: WTW Analytics Survey

Although property/casualty insurance carrier executives and technical professionals remain bullish on the prospect that advanced analytics can enhance growth and bottom-line performance, implementation progress has been slower than expected, according to a recent survey. In addition, one particular area—analytics associated with telematics data—has become less attractive, based on responses to Willis Towers Watson's 2021 P&C... read more
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8 Substances Added to Report on Carcinogens

Eight substances have been added to the Report on Carcinogens, bringing the total list to 256 substances that are known or reasonably anticipated to cause cancer in humans. These include a chronic bacterial infection, a flame retardant and six water disinfection byproducts. This is the 15th Report on Carcinogens, mandated by Congress and prepared by... read more
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Tesla to Lock Access to Video Games in Moving Cars

Under pressure from U.S. auto safety regulators, Tesla has agreed to stop allowing video games to be played on center touch screens while its vehicles are moving. The National Highway Traffic Safety Administration said the company would send out a software update over the Internet so the function called "Passenger Play" will be locked and... read more
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Google, GM, Amazon, Others Canceling In-Person CES Attendance

General Motors Co, Alphabet Inc.'s Google and its self-driving auto-technology company Waymo on Thursday joined the companies no longer attending the Consumer Electronics Show (CES) in person early next month due to rising COVID-19 infections. GM Chief Executive Mary Barra had been scheduled to give a keynote speech at the annual conference on Jan. 5,... read more
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Ask In Person or By Phone: Ditch Email If You Need Help at Work, Researchers Say

According to new Cornell University research, asking in person for help maximizes one's chance of getting a "yes." If you must ask from a distance, though, choose video or a phone call, rather than email or a text, the researchers found. Those takeaways are detailed in "Should I Ask Over Zoom, Phone or In-Person? Communication... read more
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Research and Webinars

Image Analytics Provides Critical Insights for Small Commercial Underwriting

How much do you know about the risks in your portfolio—and what might you be ...
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E&S Startups Emerge To Take On Insurance's Biggest Risks

It's good to be in the E&S market right now. Indeed, E&S typically ...
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APIs: Game Changer for Commercial Auto

Simplicity and efficiency for commercial auto. Two key business drivers for ...
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3 Steps to Optimize Distribution Channels

Effective distribution is essential to carrier success, especially as the ...
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Utilizing Artificial Intelligence to Combat Underinsurance Risk

The home improvement boom was an unexpected risk for the P&C insurance ...
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Media

Seeing Through Clouds: Satellites In Insurance

InsurTech Newsletter


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