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Today's Headlines January 11, 2022

Avoiding Bad Faith Damages: How to Handle Short-Fuse Policy Limit Settlement Demands

The holidays—parties, family and the spirit of giving. Some personal injury plaintiff attorneys really get into the spirit, hoping to receive the gift of "open" policy limits and unlimited injury recoveries by making short-fused settlement demands that are set to expire right before, during or right after the holiday. Timing settlement demands for holidays (and... read more
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Found in Space: How Skytek Tracks Supply Chain Risks-and More

Oil spills, port explosions, blockages in the Suez Canal and supply chain risks. These are just some of the events that global space company Skytek has analyzed over the past year for its insurance industry customers. The company helps insurers manage their global positions, combining space technology, big data, artificial intelligence (AI) and machine learning—in... read more
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 Brand Spotlight 
Analytics can help you navigate an ever-changing legal landscape

Court decisions can profoundly impact insurance companies, making it imperative for insurance companies to keep track of court decisions that may affect them in an ever-changing legal landscape. Such decisions can dramatically influence how insurance companies may operate, from the type of exposures carriers are ...read more
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Natural Disasters Cost Insurers $120B in 2021: Munich Re

Natural disasters across the globe caused economic losses of $280 billion in 2021, of which roughly $120 billion was insured, according to a report from Munich Re. U.S. natural catastrophes represented an exceptionally high proportion of the global economic price tag—at roughly $145 billion—costing insurers approximately $85 billion. Alongside 2005 and 2011, the year 2021... read more
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RSUI Group Announces New Leadership Appointments

RSUI Group Inc. appointed Phillip McCrorie as CEO, succeeding David Leonard, who will become executive chairman until he retires from active employment on March 31, 2022. The CEO transition was effective January 1, 2022. Other leadership changes include the appointment of Andrew Whittington as president and chief underwriting officer and Lee Sjostrom as chief operating... read more
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SPONSORED BY: Notion, a Comcast Company

How Can Carriers Utilize Smart Home Programs to their Competitive Advantage in 2022?

Smart home trends are seeing connected devices proliferate in houses. IoT smart home insurance is key to reducing claims and minimizing risk for insurance carriers.... read more
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Can a Self-Driving 40-Ton Truck Be Safe?

Shipping companies and software developers are experimenting with self-driving trucks as a way to solve a driver shortage worsened by the COVID-19 pandemic, drawing fire from safety advocates who call the technology a risk to motorists. J.B. Hunt Transport Services Inc., Uber Technologies Inc.'s freight division and FedEx Corp. are among the operators testing automated... read more
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Risk Alerts: Apple AirTags, Pollutants

Apple's AirTags are marketed as "an easy way to keep track of your stuff." But the trackers have also been linked to criminal activity such as stalking and car theft. The discs are meant to be attached to personal items like keys, wallets and backpacks. Apple's location-tracking network, called "Find My," then tracks how far... read more
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How to Keep Older Workers From Leaving During Great Resignation

Experienced older workers will retire eventually, but a new study suggests how employers may persuade some of them to stick around for a few more years. It all comes down to offering a specific type of work environment—one that includes autonomy, participation in decision-making, information sharing, training opportunities, and good compensation and benefits. The nine-year... read more
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Research and Webinars

Digital Strategies & Shifting Priorities in Commercial Lines Insurance

Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ...
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Image analytics is transforming data-driven underwriting

How much do you know about the risks in your portfolio—and what might you be ...
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Key Business Drivers for API Initiatives in Commercial Auto

Simplicity and efficiency for commercial auto. Two key business drivers for ...
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E&S Startups Emerge To Take On Insurance's Biggest Risks

It's good to be in the E&S market right now. Indeed, E&S typically ...
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The biggest post-pandemic risks for P&C insurance carriers

The home improvement boom was an unexpected risk for the P&C insurance ...
read more
Media

On the Ground: How Insurers Can Use Geospatial Information Systems

InsurTech Newsletter


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