Critical Information for P/C Carrier Executives
| | | Today's Headlines | May 20, 2021 |
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| Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise due to increases in production costs or when the demand for a product exceeds its supply (i.e., too much money is chasing too few goods). Since 1990, the U.S. inflation rate, as measured by the... read more |
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| It is well known that small and medium businesses (SMBs) face an ever-increasing risk of cyber attacks. Sixty-three percent of SMBs, surveyed in fall 2019—prior to COVID-19 lockdowns—reported they had experienced a cyber breach in the last 12 months, according to Ponemon ("The 2019 Global State of Cybersecurity in Small and Medium-Sized Businesses"). The damage... read more |
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| The Thai affiliate of Paris-based insurance company AXA said Tuesday it is investigating a ransomware attack by Russian-speaking cybercriminals that has affected operations in Thailand, Malaysia, Hong Kong and the Philippines. read more |
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| The InsurTech Waffle has raised $5 million in seed funding, with plans to offer cyber, renters, pet, travel and life insurance in the initial launch of its new virtual agency platform. Auto and home insurance are to be added by the end of June. read more |
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| Only 25 percent of companies are evaluating or modeling the longer-term impact of emerging risks on their business, leaving a cascading scenario that can also harm their customers, according to a new Marsh report. read more |
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| Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led by recurring “Shark Tank” guest judge Matt Higgins, according to people with knowledge of the matter. read more |
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| Munich Re-owned HSB is debuting coverage meant to address evolving farm data risks, technology and state-of-the-art equipment. USAA said it has expanded its SafePilot app program into seven new states. read more |
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| Don't let a stressful interaction ruin the rest of your day. Here are some strategies to help you recharge and recover. Focus on your breathing. Just taking 10 seconds to focus on the rise and fall of your breath can help you feel less tense and more present. Close your eyes and breathe slowly and... read more |
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| Sprinklers prevent costly property damage. Mitigate risk, educate customers, ...
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| Your insurance brand needs people, and people need your brand, so how do you ...
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| For insurance companies providing a policy update, the cost of a double-digit ...
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| Identity thieves are increasingly targeting non-financial accounts, including ...
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| Name and address are all you would need when an applicant comes to you for ...
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