| Today's Headlines | January 27, 2021 |
|
|
The Allstate Corporation announced on Tuesday that it has agreed to sell Allstate Life Insurance Company (ALIC) to entities managed by investment firm Blackstone for $2.8 billion. Explaining the move from Allstate's perspective, Allstate Corp. Chair, President and CEO Tom Wilson, referred to a strategy to grow market share in personal lines property/casualty and the... read more | | |
|
|
Social justice is an easy goal on which to agree, though as the events of the past year have taught us, we often fall short transforming the aspirational into reality. That doesn't mean we stop trying, and in as vital an industry as insurance, the need to ensure we properly and fairly serve all consumers... read more | | |
|
|
What's NExTT? It's a question that CB Insights analysts asked—and answered—in a recent report about trends in property/casualty insurance technology, finding that eight of the 17 emerging technologies analyzed are now "necessary" for P/C carriers. The acronym "NExTT" refers to a framework that CB Insights uses to track whether technologies are necessary, experimental, threatening or... read more | | |
|
|
Everest Re is the most recent insurance and reinsurance company to announce catastrophe and COVID losses in advance of fourth-quarter earnings, but Everest's disclosure on Monday also addressed a boost in prior-year casualty reserves. "The decisive reserving actions we are announcing today recognize the social inflation trends affecting the overall U.S. casualty market and enhance... read more | | |
|
|
If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers can protect their data. read more | | |
|
|
European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. read more | | |
|
|
"AI will be life-changing for insurance companies and consumers alike, raising the question of how regulators can ensure that models and algorithms and machine learning don't simply scale-up the bad practices of the past," writes Andrew Mais, commissioner of the Connecticut Insurance Department, in the accompanying article. He notes that the NAIC has crafted a... read more | | |
|
|
Feeling off your game? You may need to start treating rest and recovery more seriously. A recent NOBL Academy article offers some advice: Listen to your body. It knows when it needs rest. Do what feels right for you. Take a bath. Take a 30-minute nap in the middle of the day if you need... read more | | |
|
| |
| | |
|
| | For the Insurance industry, digital transformation has shifted from the 3 - 5 ... read more | |
|
|
| | "Managing agent licensing is a business-critical function for insurers and ... read more | |
|
|
| | It has never been more evident that traditional paradigms no longer serve the ... read more | |
|
|
| | Now On Demand: Carriers, do you wish you could read your agents' minds? This ... read more | |
|
|
| | Now more than ever, insurance carriers are interested in using data science to ... read more | |
|
| |
|
