| Today's Headlines | February 3, 2021 |
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There's a gripping moment in Shakespeare's "Othello" when Cassio, hoodwinked by Iago into losing Othello's trust, repeats, "Reputation, reputation, reputation! O, I have lost my reputation! I have lost the immortal part of myself." Once lost, reputation is rarely restored. And that is proving a problem for insurance companies and reinsurers that carry the risks... read more | | |
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There are some 65 million freelance workers in the U.S. today. By 2027, that number will grow to 87 million—and that means most of the workforce will be freelancers. More than half not working for The Man. Think about that. There's a parallel and related trend under way. Small business drives the economy. And small... read more | | |
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Two key words for Chubb's 2020 fourth quarter turned out to be "significantly higher." Chubb's net income grew significantly higher, as did its net premiums written, which expanded by double digits for commercial property/casualty lines in particular. read more | | |
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Cyberscout, a provider of cyber risk analytics for insurers and reinsurers via a proprietary platform, is set to be acquired. read more | | |
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Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus on its insurance operations, Elliott Advisors said on Tuesday. read more | | |
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Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American Mobile Insurance Exchange (AMIE), a reciprocal exchange that will seek to insure mobile homeowners in Florida. read more | | |
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Climate change is causing oceans to rise quicker than scientists' most pessimistic forecasts, resulting in earlier flood risks to coastal economies already struggling to adapt. read more | | |
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Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail and raise the risk of a crash after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday. read more | | |
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| | "Managing agent licensing is a business-critical function for insurers and ... read more | |
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| | The number one trend affecting all businesses is digital transformation. The ... read more | |
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| | Now more than ever, insurance carriers are interested in using data science to ... read more | |
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| | For the Insurance industry, digital transformation has shifted from the 3 - 5 ... read more | |
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| | "Delivering payments immediately – to claimants and third-party providers – ... read more | |
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