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| Today's Headlines | July 7, 2022 |
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"If you build it, they will come." This famous, but paraphrased, quote from the film "Field of Dreams" is apropos of the fledging carbon removal industry. The demand is there, but supply needs to be built. The carbon removal industry needs to scale up quickly to provide a vital tool to cut greenhouse gas emissions... read more | | |
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Ditching investments in fossil fuel businesses—and denying them insurance—aren't the only ways for the insurance industry to participate in the drive to net zero greenhouse gas emissions, according to representatives of global insurers and reinsurers. Even those companies that are continuing to insure the oil and gas industry can push the global transition to net... read more | | |
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While the market for cyber insurance is expected to remain challenging "for the foreseeable future," there is optimism for rate stabilization as organization focus on cyber hygiene, according to broker Marsh. In a recent briefing, the broker said "steep rate increases of the past several quarters are moderating as attritional losses are better controlled and... read more | | |
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InsurTech NY announced that it is now accepting applications for its third annual growth-stage accelerator. The application window will run from July 6-29, and applications can be submitted through the InsurTech NY website. The program is designed for growth-stage companies, with initial traction, in the funding stages between Series Seed and Series B. International participants... read more | | |
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U.S. death rates from motor vehicle crashes are the highest among 29 upper-income countries, according to a government study that adds to the country's poor public-health record among developed nations. Annual U.S. fatalities from car, truck and motorcycle collisions were 11.1 per 100,000 people in 2019, researchers from the U.S. Centers for Disease Control and... read more | | |
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GloveBox, a client experience platform for insurance agents and carriers, announced that it has raised $5.5 million in Series A funding led by Panoramic Ventures with follow-on participation from Heffernan Insurance Brokers and an insurance carrier. The Denver, Colo.-based InsurTech serves as a client experience platform to independent agents and carriers with a branded self-service... read more | | |
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Financial strategists, medical advisers and venture capitalists that are considered experts in their fields play a crucial role in major organizations but are more likely than novices to make overconfident predictions after being told they are wrong, according to a Rutgers study. Published in the Academy of Management Journal, the study examined whether expertise could... read more | | |
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| | Leading insurers are already implementing digital engagement solutions for ... read more | |
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| | The Property and Casualty (P&C) insurance industry is being dramatically ... 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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| | 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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