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| | | | | | | Between a rock and a hard market | | | | Rising claims, supply-chain issues, inflation, and other pressures are driving a hard market in personal auto insurance. Learn 7 ways to adapt to these issues. | | | | | | | | Verisk | | |
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| Today's Headlines | June 27, 2022 |
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Many insurers think they have climate casualty risk managed by virtue of avoiding writing the oil and gas industry or with limitations on their policies. Climate casualty risk is broader than this view indicates, with the primary and secondary effects of climate change creating risks across most sectors of the economy. The importance of this... read more | | |
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A lot has changed in the world of automation since Apple first launched its virtual assistant, Siri, on Oct. 4, 2011. It's a date that musician, actress and public speaker Susan Bennett remembers well because she's the original female, American voice behind Siri. "It is still weird," she said on this episode of The Insuring... read more | | |
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Smart technology is becoming increasingly crucial for reducing insurance losses for Property and Casualty (P&C) carriers. New smart home technology, such as internet-connected security systems, smoke detectors and sensors, can alert homeowners when there's a potential issue and provide vital data and new revenue streams ... read more | | |
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The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers there are new emerging risks on the horizon that could materialize. "This year's emerging risks arise from climate change and the... read more | | |
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InsurTechs and insurance companies are "breaking down the wall" that stood between them as competitors in favor of working together to tackle dynamic cyber risk. "We're all trying to solve the same problem," said Lori Bailey, chief insurance officer at Corvus Insurance, during a panel discussion at Carrier Management's InsurTech Summit. "We're in this together."... read more | | |
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A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said. Amazon.com Inc., Apple Inc., Lyft Inc., Microsoft Corp. and JPMorgan Chase & Co... read more | | |
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Everest Reinsurance announced that Brent Hoffman will join the company as senior vice president, head of Claims and chief operations officer at the end of July. He will have dual responsibility for overseeing key aspects of business operations and leading the global Reinsurance Claims function. Hoffman will report directly to Jim Williamson, Everest Group chief... read more | | |
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International risk carrier QBE Insurance Group is rolling out a range of products from cyber risk analytics firm CyberCube. Australia-headquartered QBE plans to use CyberCube's account manager and portfolio manager platforms. In addition, QBE plans to utilize the CyberCube Academy, the firm's training offering. The insurer will also have access to CyberCube's enhanced concierge service.... 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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| | As the world has turned digital, technological business solutions continue ... read more | |
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| | According to Harvard Business Review, low-quality data costs U.S. businesses ... read more | |
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| | According to the FBI, the insurance industry loses $40 billion per year to ... read more | |
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