| Today's Headlines | April 16, 2021 |
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Disasters such as the Space Shuttle Challenger explosion and the Chernobyl nuclear accident are said to have involved flawed decisions, driven by individual perceptions. Not surprisingly, individuals' behaviors—and the perceptions that drive those behaviors—are key to determining the safety performance of an organization. In the wake of the Deepwater Horizon disaster, for example, it was... read more | | |
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Catastrophe models are designed to help risk managers in different industries understand the probability of occurrence of extreme events, typically for the next several years. But the time horizon can vary according to users' needs. In addition, catastrophe models usually leverage a long time series of historical data because such events are by definition rare... read more | | |
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Choosing to write cyber coverage is becoming increasingly costly for property/casualty insurance carriers and rate hikes may not be enough to make up the difference, according to a new Fitch Ratings report. read more | | |
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Hallmark Financial Services Inc, plans to pursue an IPO of its Specialty Commercial business segment. read more | | |
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The Progressive Corp. saw robust, double-digit increases in net premiums written and net income, gains it said stemmed, in part from a year of COVID-19 quarantine restrictions. read more | | |
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Lloyd’s announced the next 11 InsurTech start-ups that are participating in the sixth cohort of its Lloyd’s Lab innovation accelerator program. These InsurTechs will be focused on creating simpler products for customers, including building solutions related to climate risks read more | | |
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The European Union is poised to ban artificial intelligence (AI) systems used for mass surveillance or for ranking social behavior, while companies developing AI could face fines as high as 4% of global revenue if they fail to comply with new rules governing the software applications. read more | | |
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New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw said on Tuesday. 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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| | " When it comes to insurance, small business owners want straightforward ... read more | |
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| | Digital innovation is reshaping payments in the insurance industry. ... read more | |
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| | Is your insurance organization prepared to meet the heighted expectations of ... 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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