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| Today's Headlines | April 23, 2021 |
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2020 is set to be a year that no one forgets, with COVID-19 forcing disruption on every business, industry and person on the planet. The insurance industry received one of the most significant blows due to the losses associated with payouts relating to the pandemic. The Lloyd's of London insurance market forecast has estimated that... read more | | |
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2020 was a year of learning and innovation for those of us working in the field of insurance industry mergers and acquisitions. So far, it appears that 2021 will be another year of abundant challenges and opportunities. The past couple of years have seen a large volume of insurance industry transactions, with many deals effected... read more | | |
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Historically, the insurance industry has relied on imprecise risk assessments. But what if carriers could gather data to better understand their insurance risks? Or to prevent costly damage in the first place? Smart home and property technology can do just that. An IoT device is ... read more | | |
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The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic, and said related concerns about business interruption claims have become minimal. read more | | |
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After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67 and then $70 per share, The Hartford reported today in its first quarter filings. read more | | |
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Auto insurer GEICO recently reported that fraudsters have been stealing license numbers of its customers for the past few months and possibly using them to fraudulently apply for unemployment benefits. read more | | |
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Despite the combined effects of around $25 billion of pandemic and natural catastrophe-related losses as well as compromised investment returns, a group of reinsurers studied by Aon reported positive earnings for 2020 and an increased capital base, aided by access to new funding. read more | | |
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If no mitigating action is taken, global temperatures could rise by more than 3°C in the next 30 years and the world economy could shrink by 18 percent, reveals a new Swiss Re Institute report. But the impact can be lessened if decisive action is taken to meet the targets set in the Paris Agreement,... read more | | |
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"He's a writer AND an actuary." The short description heading his LinkedIn profile remains true, but James Lynch will be stepping down from actively writing or providing actuarial services on behalf of the Insurance Information Institute at the end of May. On Tuesday, Triple-I announced that Lynch will retire from his role as chief actuary... read more | | |
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| | Name and address are all you would need when an applicant comes to you for ... read more | |
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| | Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... read more | |
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| | " When it comes to insurance, small business owners want straightforward ... read more | |
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| | Watch on demand: Erie Insurance's Tim Shine shares the journey to digitize the ... read more | |
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| | Against the backdrop of digital transformation and the pandemic, insurers can ... read more | |
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