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| | | | | | | 5 strategies to better align ITV | | | | Discover five key strategies to help avoid underinsurance and outdated valuations that could leave you and your customers vulnerable. | | | | | | | | Verisk | | |
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| Today's Headlines | September 15, 2022 |
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The world has seen the seismic impact of supply chain disruptions over the past few years—brought on by COVID-19, the Russia-Ukraine war, Brexit, inflation and natural catastrophes such as last year's winter freeze in Texas. While supply chain risks are insurable, many products do not cover non-damage business interruption, and companies could find they aren't... 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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With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct premium growth, Moody's Investors Service announced a stable outlook for the U.S. P/C commercial lines sector. The outlook report, "2023 outlook stable on solid underwriting results despite further claims inflation," notes the negative forces that... read more | | |
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In the year 2000, there were 10,000 banks in the United States. At the end of 2020, there were roughly 5,000. In 2021, at least 3 banks per week were closing or merging. Insurers that wish to stay competitive should look at ... read more | | |
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Claims are down among Coalition policyholders in the first half of 2022, but small businesses became bigger targets and an organization's employees remain the easiest was for cyber criminals to infiltrate and pull off scams. Coalition's 2022 Cyber Claims Report mid-year update noted that businesses with revenue under $25 million in revenue saw a spike... read more | | |
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Asta, the third-party managing agent at Lloyd's, and Acrisure announced that Lloyd's has granted "in principle" approval for the launch of Flux Syndicate 1985, which will commence underwriting on Jan. 1, 2023. Flux is expected to generate gross written premium of £106.7 million ($123.9 million) in 2023, of which 70 percent is new to Lloyd's.... read more | | |
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President Joe Biden gathered a crowd of thousands at the White House Tuesday to celebrate last month's passage of the Inflation Reduction Act, even as a new government report showed how hard it could be to bring surging prices down near prepandemic levels. Despite its name, the law's impact on inflation is expected to be... read more | | |
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Flood maps used by the Federal Emergency Management Agency are out of date and understate the risks to homes and businesses from flooding and extreme rain triggered by climate change, according to FEMA Director Deanne Criswell. Those risks are in focus after flooding in Jackson, Miss., overwhelmed the city's main water treatment plant a week... read more | | |
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| | Insurers face formidable challenges when it comes to the end-to-end handling of ... read more | |
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| | Artificial Intelligence is going to be a major key to growth in this decade. ... read more | |
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| | Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| | Transformative projects are never easy, but with the wisdom of your peers, you ... read more | |
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| | It is no easy feat to underwrite in the Gulf-adjacent states, but minimizing ... read more | |
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