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| | | | | | | Get the big picture on small business | | | | Artificial intelligence, machine learning, and computer vision combine to deliver insurance-ready insights to empower your automated underwriting journey. | | | | | | | | Verisk | | |
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| Today's Headlines | December 14, 2021 |
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| At the end of an hour-long interview, the chief executive officer of an InsurTech focused on liability coverage for middle-market commercial construction contractors gave an unusual answer to a reporter's final question about future goals. Shepherd's seven-member team has already rolled out a broker platform automating construction insurance sales processes and an MGU poised to... read more |
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| | | Advertisement | | | | | | | | Strength in Unity | | | | Improving how the insurance industry protects and restores properties. | | | | | | | | CoreLogic | Next Gear |
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| Building on referrals from startup funding specialists like SVB Financial Group and Y Combinator, InsurTech startup Vouch has attracted thousands of startups seeking business coverages ranging from liability to D&O to its insurance platform since 2018. In addition, in early September, Vouch announced that it was partnering with Brex (a provider of all-in-one financial software),... read more |
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| In the 1993 movie Groundhog Day, Bill Murray plays a Pittsburg broadcaster stuck in a loop, replaying the same day, February 2, over and over. The screenplay, written by Danny Rubin and Harold Ramis, was ingenious in its ability to make us consider what we ...read more |
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| The insured loss from the Dec. 9-12 tornado outbreak that devastated parts of central U.S. has been estimated to be about $3 billion. Catastrophe modeling firm Karen Clark & Company said its estimate includes damage from the tornadoes and winds and hail. This KCC estimate includes the privately insured damage to residential, commercial and industrial... read more |
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| A newly discovered vulnerability in a widely used software library is causing mayhem on the Internet, forcing cyber defenders to scramble as hackers rush to exploit the weakness. The vulnerability, known as Log4j, comes from a popular open source product that helps software developers track changes in applications that they build. It is so popular... read more |
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SPONSORED BY: CoreLogic Our understanding of earthquake risk is ever-changing. Over the past two decades, the United States Geological Survey has released five iterations of the National Seismic Hazard Model, which is commonly used in risk assessment. There is so much insurers need to understand for their own catastrophe modeling and risk assessment.... read more |
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| Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new records for carbon emissions while swallowing forests, towns and homes. Many of these events were exacerbated by climate change. Scientists say there are more to... read more |
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| Managing general insurance agency and cybersecurity company Coalition has launched a captive insurer to begin taking risk on its cyber insurance programs. The captive, domiciled in Hawaii, will provide capacity in addition to its current long-term capacity agreements from carriers including Swiss Re and Arch Insurance. "With our new captive, we add another layer of... read more |
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| For now, rating agency AM Best believes that property/casualty insurers will be able to absorb losses from the recent outbreak of 30-plus tornadoes across five U.S. states, but coexisting economic challenges could worsen the picture. "This outbreak occurred in the midst of significant challenges related to the supply chain and rising costs owing to inflationary... read more |
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| One of the Boy Scouts of America's primary insurers, Chubb Ltd unit Century Indemnity Company, said on Monday it will contribute $800 million to a deal proposed by the youth organization to settle around 82,500 claims from people who say they were sexually abused as children by troop leaders. That move brings the total pot... read more |
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| How much do you know about the risks in your portfolio—and what might you be ...
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| Accelerate competitiveness with a digital ecosystem. Revolutionize your ...
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| It's good to be in the E&S market right now. Indeed, E&S typically ...
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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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