Critical Information for P/C Carrier Executives
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| | | | | | | Bitcoin, Robinhood & SPACs | | | | How should an insurance company adjust its investment strategy in light of this elevated risk taking? | | | | | | | | New England Asset Management (NEAM) | | |
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| Today's Headlines | April 12, 2021 |
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| Wildfire risk across the western United States has become a challenging issue for the insurance industry. Heightened risk and extreme events are squeezing carriers and devastating consumers. As a result of mounting losses, carriers are unable to provide homeowners with affordable coverage in high-risk wildfire zones. Regulatory bodies, on the other hand, are capping price... read more |
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| As money began to flow into InsurTechs back in 2014 and 2015, these companies essentially fell into two categories: You were either a provider of technology to insurance companies or a distributor of an insurance product to an end customer. If you were a distributor of insurance, the model was obvious: You structured yourself as... read more |
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| The anniversary of COVID-19 shutdown orders brought an upturn in both the number of business-interruption lawsuits against insurers and the amount of damages they are claiming. read more |
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| A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say. read more |
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| An onslaught of U.S. storms and flooding in March caused as much as $2 billion in economic damage. Public and private insurers were likely to see losses surpass $1 billion, Aon plc said in its monthly Global Catastrophe Recap report. read more |
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| The United States should prepare for a sixth year of above-average number of Atlantic hurricanes, Colorado State University (CSU) forecasters said in the first official 2021 outlook on Thursday. read more |
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| The insurance industry nonprofit Insurance Industry Charitable Foundation (IICF) gave insurance industry leaders an opportunity to talk about their philanthropic initiatives at a recent media event. Leaders from AIG, Amwins, AXA XL, EY, Lloyd's and The Hartford discussed their efforts to make a difference in various communities over the past year. read more |
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| Property/casualty insurers have talked for years about the need to modernize and embrace technology in order to serve their customers better. COVID-19 came along and rapidly quickened the process, asserts Nigel Walsh, managing director, insurance at Google. "The pandemic [was what] accelerated insurance beyond all recognition and all the initiatives that we had in play,... read more |
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| Digital innovation is reshaping payments in the insurance industry. ...
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| Consumers don't take into account the fees that insurance companies have to pay ...
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| Watch on demand: Erie Insurance's Tim Shine shares the journey to digitize the ...
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| Is your insurance organization prepared to meet the heighted expectations of ...
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| " When it comes to insurance, small business owners want straightforward ...
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