Critical Information for P/C Carrier Executives
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| | | | | | | Driving History Solutions | | | | Understanding where and when you need driving history solutions. Tracking driving history is difficult and costly. Not knowing is worse. | | | | | | | | Verisk | | |
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| Today's Headlines | November 29, 2021 |
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| By now, you've probably heard of the Federal Emergency Management Agency's effort to revamp its method of assigning prices to the National Flood Insurance Program's policies, which took effect on Oct. 1. If you haven't, you should educate yourself quickly because Risk Rating 2.0, as FEMA calls it, will signal significant changes in the industry—for... read more |
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| In 2020, insurance changed forever. The coronavirus pandemic blurred the lines between business and personal insurance needs as the population was forced behind closed doors to work, learn and communicate. And though the world slowly attempts to return to normal, over 40 percent of the population is still working from home. Thanks to changes like... read more |
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| Over the past two years, small and medium-sized businesses (SMBs) have faced unprecedented challenges and changes such as reduced workforce, supply chain interruptions due to COVID-19, and reduced or shifting revenue. In weathering these upheavals, SMBs have reevaluated how they do things from the top...read more |
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| European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory solvency ratios remained strong. Pandemic factors generally played a role in both elements, according to a new AM Best market segment report. read more |
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| Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along with elevated inflation and supply chain issues, may counteract recent positive market trends, AM Best reports. Also, smaller players in the market may find it increasingly difficult to compete with larger players with their technology... read more |
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SPONSORED BY: Majesco Any organization in any industry can find itself displaced. Insurance is no exception. If insurers completely understand the implications of customer trends, competitive pressures, and technology leap-frogging, they will be justifiably anxious about their future – unless they prepare.... read more |
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| Reinsurance MGA startup Kettle raised $25 million in a Series A round led by Acrew Capital, with participation from Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital. The San Francisco-based InsurTech uses artificial intelligence to better protect people from the growing wildfire risks of climate change, and has already been reinsuring homes during the 2021 wildfire season. read more |
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| Dutch medical equipment maker Philips on Wednesday said U.S. regulators might have overestimated the number of safety issues raised by customers related to its recall of ventilators in which a potentially hazardous foam was used. read more |
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| CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by failing to properly monitor opioid prescriptions, the drug industry's latest loss in the expanding litigation over the painkillers. read more |
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| A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related damages, the latest volley in a years-long campaign that pits environmentalists against the insurance industry. read more |
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| GIACT's new report, Understanding Account Takeover 2021, discusses the impact ...
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| Effective distribution is essential to carrier success, especially as the ...
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| Future economic fundamentals may produce tailwinds for insurers seeking to ...
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| This paper will review the current model of incident response for ransomware ...
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| Simplicity and efficiency for commercial auto. Two key business drivers for ...
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