Critical Information for P/C Carrier Executives
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Today's Headlines November 2, 2021

Carriers Moving Toward Independent Models Must Provide Support to Reap Benefits

The property/casualty insurance market is seeing its biggest shake-ups in recent memory. New players, shifting customer expectations, consolidation and new operational models have all hit the market in the past two years. For example, following in Nationwide's footsteps, more carriers are releasing their captive agents and moving to an independent agent (IA) model. This is... read more
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InsurTech Lessons From ITC: Take the Stock App Off Your Phone

Alex Timm, the chief executive officer of Root, has some advice for InsurTechs that go to the public markets: "You cannot let the stock price or Wall Street tell you what your value is." read more
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 Brand Spotlight 
Get Ready for a Surge in Insurance Shopping–and Switching

During the height of the COVID-19 pandemic, property and casualty (P&C) insurance carriers enjoyed greater profits due to a sharp reduction in driving that led to fewer accident payouts. But now that miles driven has returned to pre-pandemic norms and claims are more severe than ...read more
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Jury Sides With Insurer in COVID-19 Business-Interruption Claim

A Kansas City jury decided in favor of the insurer in the nation's first jury trail of a lawsuit that sought coverage for business-interruption losses caused by the coronavirus. read more
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CNA Boosts Net Income Even as Cat Losses Rise, Investment Results Dip Lower

Continued rate hikes helped boost CNA Financial's 2021 third quarter net income, even as the Chicago-based commercial and specialty property/casualty insurer dealt with higher net catastrophe losses and lower net investment income. read more
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SPONSORED BY: Majesco

Listening to Agents as You Build a Digital Field of Insurance Dreams

Today we're discussing insurers and the ways that they can grow business by providing the next-generation agent experience. This experience will incorporate agents and end-customers in a digitally-seamless process.... read more
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Generali Seals $1.4B Deal to Grab Italian Rival Cattolica

Italy's top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership. read more
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18 States Sue to Stop Biden Administration COVID Vaccine Mandates for Federal Contractors

Eighteen states filed three separate lawsuits Friday to stop President Joe Biden's COVID-19 vaccine mandate for federal contractors, arguing that the requirement violates federal law. read more
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J&J Resolves Most Lawsuits Over Anti-Psychotic Drug, Reports $800M in Legal Expenses Over Issue

Johnson & Johnson said it has settled most of the lawsuits it faced by thousands of men who claimed its anti-psychotic drug Risperdal caused them to develop excessive breast tissue and disclosed that it recorded $800 million in expenses in connection with the agreement. read more
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Research and Webinars

Discover Best ATO Prevention Practices

GIACT's new report, Understanding Account Takeover 2021, discusses the impact ...
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Innovation-Driven Growth in Commercial Auto

Accelerate competitiveness with a digital ecosystem. Revolutionize your ...
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How Carriers are Managing Licensing & Compliance: New Models for New Times

"Managing agent licensing is a business-critical function for insurers and ...
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How to Boost Growth Amidst Insurance Distribution Evolution

Effective distribution is essential to carrier success, especially as the ...
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Validate Payments Before a Loss Occurs

Business email compromise, or BEC – defined as a fraud tactic using email to ...
read more
Media

Insuring Cannabis Summit 2021 is Now On-Demand!

InsurTech Newsletter


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