| Today's Headlines | May 18, 2022 |
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Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that fourth-quarter 2021 was the 17th consecutive quarter of positive rate increases for commercial property insurance. One driver of these increases has been an ongoing spate of catastrophic weather... read more | | |
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Cyber attacks are now seen as the dominant risk for many businesses—ahead of the pandemic, economic downturn, skills shortages and other issues, according to a report published by Hiscox. For its Cyber Readiness Report 2022, Hiscox found that businesses in seven out of eight countries see cyber as their biggest threat, while 20 percent of... read more | | |
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Emerging smart home technology offers the insurance industry a significant, potentially lucrative opportunity to enhance customer service and deliver experiences that people love. Customers traditionally only connect with carriers during processes like acquisition, renewal and claims – moments that aren't always associated with positive experiences. But ... read more | | |
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SiriusPoint Ltd. announced that Chairman and CEO Siddhartha (Sid) Sankaran has resigned from the company to pursue other opportunities. Daniel Malloy has been named as interim chief executive officer while the board initiates a search for a permanent successor, and current Director Sharon Ludlow has been named interim chair of the Board of Directors. Both... read more | | |
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Already, 2022 is taking its place in a pantheon of years that have seen the nature of fire change—and all parts of the world fall under threat. It's only expected to get worse, with drought and heat waves looming over the horizon for many parts of the globe. At the epicenter of the fury will... read more | | |
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U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915—the highest number killed on American roads in a single-year since 2005, U.S. regulators said Tuesday in its preliminary estimate. The yearly increase is the highest reported since the National Highway Traffic Safety Administration (NHTSA) began using its current traffic fatality tracking system in 1975. "We... read more | | |
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More than 85 percent of UK finance workers no longer view the office as their main place of work, highlighting the challenge the industry faces if it tries to persuade bankers to return to pre-pandemic norms. The demand for a new paradigm is clear from a YouGov survey of more than 500 finance executives from... read more | | |
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| | Trampoline detected. Patio extended. New vehicle identified. This whitepaper ... 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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| | As the world has turned digital, technological business solutions continue ... read more | |
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| | Automation is essential to the insurance industry's digital transformation ... read more | |
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| | Now Available On-Demand! Better serve policyholders across your insurance ... read more | |
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