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| | | | | | | Get smart on virtual underwriting data | | | | Virtual and mobile technology can enhance commercial property underwriting, but poor survey vetting, outdated imagery, and lack of field expertise can lead to mistakes. | | | | | | | | Verisk | | |
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| Today's Headlines | January 12, 2022 |
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The hyperconnection between people, machines and organizations is a pervasive megatrend that characterizes our society in any aspects, at any level, in any part of the world. The Internet of Things (IoT)—or smart connected products that connect people and objects to the Internet, allowing remote transmission and usage of the information about these things and... read more | | |
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The trailing impacts of premium and loss trends on the books of property/casualty reinsurers makes the 2022 outlook for reinsurers rosier than the profit outlook for primary insurers, a Fitch Rating analyst said yesterday. Longer term, a prolonged period of inflation in which the CPI (consumer price index) is well above analysts' expectations for a... read more | | |
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The cost of many common building materials spiked throughout 2021, putting reconstruction top of mind for insurers. CoreLogic tracks construction costs for commercial, residential, and agricultural construction of all types of good (labor and materials) throughout the United States and Canada. In the latest Quarterly ... read more | | |
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There's little faith in the global economic recovery accelerating, with officials and business leaders citing climate change and rising social tensions, alongside the pandemic, among their top risks, the World Economic Forum found. Only 1 in 6 survey respondents from government, civil society and commerce described their outlook as optimistic, while just 1 in 10... read more | | |
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Chubb Ltd. has no duty to defend Rite Aid Corp. against lawsuits filed by two Ohio counties that allege the drug store chain's failure to identify suspicious orders contributed to an oversupply of opioids that forced the plaintiffs to pay for addiction treatment and other public health costs, the Delaware Supreme Court ruled in a... read more | | |
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InsurTech company Blink Parametric announced its partnership with AwayCare, a managing general agent (MGA) and provider of travel insurance products in Canada. The coverage will be underwritten by Canadian insurance group Northbridge Financial Corporation, a Fairfax company. Blink Parametric, wholly owned by CPP Group, offers a claims process automation service that monitors flights in real... read more | | |
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As the raging omicron variant of COVID-19 infects workers across the nation, millions of those whose jobs don't provide paid sick days are having to choose between their health and their paycheck. While many companies instituted more robust sick leave policies at the beginning of the pandemic, some of those have since been scaled back... read more | | |
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People who are friendly and trustworthy are more likely to be selected for teams than those who are known for just their skill competency and personal reputation, according to new research from Binghamton University, State University of New York. While people who are both trustworthy and competent are the most sought after when it comes... read more | | |
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| | The home improvement boom was an unexpected risk for the P&C insurance ... read more | |
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| | Effective distribution is essential to carrier success, especially as the ... read more | |
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| | Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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| | How much do you know about the risks in your portfolio—and what might you be ... read more | |
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| | Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ... read more | |
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