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| | | Discover the power of current data | | InsurTech can refresh key underwriting data more often to help you compete more effectively in the fast-paced commercial property market. Know more with ProMetrix. | | | | Verisk | |
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Today's Headlines | August 16, 2022 |
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Have insurers and defendants been overpaying for asbestos liability claims? Are there other ongoing toxic torts where that might be true today? The questions arise as a result of a revolution that's now underway in genomic analysis and its application in civil litigation. Genomic analyses of molecular data can allow medical scientists to identify an... read more | | |
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Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and heightened catastrophe losses linked to climate change, according to Fitch Ratings. "We expect reinsurers to prioritize pricing, risk management and organic growth rather than M&A as they contend with the implications of the economic slowdown,... read more | | |
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Insurance systems can be mind-bending. Those of us who work in IT or develop insurance systems have a lot in common with science fiction writers. We are always looking to envision and accomplish what has not yet been done. We look at systems that are ... read more | | |
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Coalition said it received regulatory approval and completed the acquisition of Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation. Digital Affect Insurance Company is a property/casualty insurer licensed in all 50 states. The acquisition will allow San Francisco-based Coalition to offer insurance policies through its own admitted insurance carrier. Coalition currently... read more | | |
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The South Carolina Supreme Court on Wednesday became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a commercial property insurance policy. The state Supreme Court decided the issue by answering a certified question asked by a US... read more | | |
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SPONSORED BY: SOCOTRA Don't miss this special LinkedIn event on Wednesday, August 17th, when leaders from Socotra and Fulcrum Digital will discuss how insurers should be using the latest tech to not only survive, but thrive.... read more |
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Florida's Citizens Property Insurance Corp., created by lawmakers as a last-resort option, has become the largest property insurer in the state with more than 1 million policies in force — and growing. Stakeholders did not celebrate the milestone, and some are urging the state legislature to take further steps to salvage Florida's distressed insurance market.... read more | | |
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It's no secret that fraudulent claims are an ongoing issue within the insurance industry. The FBI estimates the total cost of insurance fraud (non-health insurance) to be $40 billion per year. For insurance carriers, investigating these claims can make a complex situation even more challenging. However, in the age of data, a vast amount of... read more | | |
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| Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| Leading insurers are already implementing digital engagement solutions for ... 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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| It is no easy feat to underwrite in the Gulf-adjacent states, but minimizing ... read more | |
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