| Today's Headlines | July 1, 2022 |
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Globally, women make up only about a quarter of insurance companies' executive roles, 10 percent of CEOs and 8 percent of board members, according to a study last year by Swiss Re. And, of those with reporting lines into the CEO, only 3 percent are women of color. This paints a picture that may not... read more | | |
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For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July reinsurance renewal period, Aon said in a new report released yesterday. While the reinsurance market remained stable on the casualty side, property reinsurance capacity constraints were exacerbated by insurers' rising demand for reinsurance protection, Aon said... read more | | |
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Experts say the metaverse is still very much in its infancy, but heavy investments multiplied by the speed of computing equals a horizon that is rapidly approaching. We may not know exactly what the complete metaverse will look like, but we know it's coming. Already ... read more | | |
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Insurance broker Aon has incorporated the latest climate science into its Impact Forecasting's European flood models to help enable insurers to access more accurate loss estimates to help make better decisions for underwriting, reinsurance and regulatory requirements. The models are being enhanced through Aon's ongoing collaboration with the Karlsruhe Institute of Technology (KIT), Aon said.... read more | | |
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ICEYE, a provider of SAR data and natural catastrophe analysis services, announced the launch of ICEYE Insights, a geospatial platform that allows insurance companies to combine ICEYE's flood observation data and analysis with their property insurance information to understand the impact of a flood event and take action. Using the EigenPrism catastrophe risk management tool,... read more | | |
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Families of children and teachers killed in last month's Texas school massacre face a formidable legal battle if they decide to sue the gunmaker whose AR-15 semiautomatic rifle was used in the attack. That doesn't mean they can't win. Their main challenge would be overcoming the Protection of Lawful Commerce in Arms Act, a 2005... read more | | |
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Everest Insurance announced that Erik Nikodem, president of Global Property, will retire in mid-July, following a three-decade career. "Erik has been a driving force within our company during the last six years," said Mike Karmilowicz, president and CEO of Everest Insurance. "I am grateful for his leadership and for helping to build our property division... read more | | |
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Telematics provider Cambridge Mobile Telematics (CMT) announced results of new research into driving trends Thursday revealing that families that own both a Tesla and car with a combustion engine have been driving their Teslas more. Specifically, the research reveals that as gas prices have increased since February 2022, Tesla trips accounted for 10 percent more... 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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