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| | | | | | | Plan an alternate route | | | | On-demand services blur lines between commercial and personal auto. Insurers respond with flexible coverage options, telematics, and other new data sources. | | | | | | | | Verisk | | |
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| Today's Headlines | May 7, 2021 |
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AIG's property/casualty insurance business squeaked into the black during the first quarter after losing money a year ago, and the company's overall net income grew substantially, thanks in part to higher investment results. Substantial rate hikes also helped. read more | | |
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Allstate lost more than a billion dollars during the first quarter, stemming from the sale of its life insurance and annuity business. But the company substantially boosted revenues based on continued gains from its acquisition of National General. read more | | |
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It takes a one-two punch to make insurance fair. I've previously argued that AI can vanquish bias in insurance, and so it can. But while machine learning can help ensure equality, it cannot ensure equity. It might even make it worse. Equality Isn't Equity "Equality" and "equity" are often thought of as synonyms, but they... read more | | |
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Shift Technology raised a whopping $220 million in new venture investment designed to advance its products and services that rely on artificial intelligence and big data technology to optimize carrier processes. read more | | |
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Covid-19 may drive market corrections and insolvencies that could impact financial institutions' balance sheets, increase exposures for directors and result in litigation. However, financial institutions are also facing many other risks in the areas of cyber, climate, compliance and corporate culture, according to a report, Financial Services Risk Trends: An Insurer's Perspective, from Allianz Global Corporate & Specialty (AGCS). read more | | |
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An Egyptian court on Tuesday ruled that the container ship which blocked the Suez Canal in March could continue to be held in the waterway, rejecting an appeal by its Japanese owner against its detention, a judicial source said. read more | | |
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The U.S. Supreme Court on Monday rebuffed a bid by current and former employees of Wells Fargo & Co to revive a lawsuit over losses to their retirement plan following a scandal over fake accounts that rattled the bank in 2016 and led to billions of dollars in fines and penalties. read more | | |
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| | New consumer trends reveal the path carriers can follow to thrive in this ... read more | |
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| | For insurance companies providing a policy update, the cost of a double-digit ... read more | |
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| | Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... read more | |
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| | Against the backdrop of digital transformation and the pandemic, insurers can ... read more | |
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| | Name and address are all you would need when an applicant comes to you for ... read more | |
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