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| | | | | | | Know your true auto exposure | | | | Commercial auto exposures come in different shapes and sizes. Know the true risk with fast, verified vehicle firmographic data. | | | | | | | | Verisk | | |
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| Today's Headlines | April 26, 2022 |
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The 2021 wildfire season in the Western United States was another one for the books, breaking records for size and destruction right up to the last day of the year. The last wildfires of 2021 were two grass fires that started in Boulder County, Colo., late in the morning of Dec. 30. The first, the... read more | | |
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| | | Advertisement | | |  | | | | THE Virtual Event for P/C Insurance Leaders | | | The 2022 InsurTech Summit will feature industry experts discussing how insurtech can lead us
towards a safer, smarter and better world. Join us for the 2-day virtual event on May 10th & 11th. | | | | | | | | Carrier Management |
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After a year when insurers couldn't hire new staff as quickly as people left their jobs, carriers are paying up to attract experienced talent—and may well need to adjust compensation for remaining staffers, researchers reported last week. Reporting the results of the Semi-Annual U.S. Insurance Labor Market Study conducted The Jacobson Group and Ward Group,... read more | | |
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The future of DIY home security has arrived. With remote work on the rise and new products hitting the smart home technology market, smart devices for DIY home monitoring are seeing a striking new level of demand. According to 2021 research from Parks Associates, self-installation ... read more | | |
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A federal judge in California approved an $85 million settlement between Zoom Video Communications and millions of users who said the teleconference meeting application violated their privacy rights by sharing personal data to companies such as Facebook and Google and allowing hackers to disrupt meetings in what became known as "Zoombombing." According to documents filed... read more | | |
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Allstate said unfavorable non-catastrophe prior-year reserve re-estimates were approximately $160 million for first-quarter 2022, primarily driven by auto physical damage and bodily injury severity. These re-estimates "reflect the impact of rapid increases in loss costs since the second quarter of 2021." The insurer noted that, due to "the impact of elevated severity inflation in the... read more | | |
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Insurers are applauding a decision by the chief judge for the U.S. District Court in Delaware to require parties to disclose whether a litigation funder has an interest in any cases brought before him. The standing order issued by Chief Judge Colm F. Connolly is not unique—several other federal courts have adopted similar rules—but this... read more | | |
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Climate change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer on record, according to scientists at the Copernicus Climate Change Service. Summer temperatures in Europe last year were one degree Celsius above the average of the previous 20 years, and the rainfall that battered Germany... read more | | |
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Worker demands for more flexibility and security, bolstered by the pandemic and a tight labor market, are only growing more intense as the world economy reopens and some firms begin trying to pull employees back to offices, payroll provider ADP reported in a survey of nearly 33,000 people worldwide. The survey found that two-thirds of... read more | | |
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| | A clunky and inefficient claims process leads to unhappy customers. This guide ... read more | |
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| | Research firm Aite-Novarica interviewed 10 life, annuity, and P/C insurance ... read more | |
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| | A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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| | Over-pricing policies could trigger the loss of high-quality, lower risk ... read more | |
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| | Today, there are four major forces that are putting pressure on the property ... read more | |
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