| Today's Headlines | December 8, 2020 |
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If you just read the headlines, you'd think the Golden Age of technological integration has arrived in our industry. After all, less than six months ago, Lemonade—the app that boasts the ability to help consumers get homeowners, rental or pet insurance in 90 seconds—grabbed the year's largest initial public offering in the U.S. at the... read more | | |
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Even before COVID-19, the gig economy was changing how people work, as businesses rapidly adapted to provide on-demand services to meet customer expectations. Insurers must become nimbler and embrace insurance products where coverage adapts with changing business operations and exposure is accurately captured. For example, ridesharing services use an "insurance-by-phase" risk model, meaning coverage varies... read more | | |
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Lemonade has started selling renters insurance in France, the third European country into which it has expanded so far. read more | | |
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The U.S. air pollution monitoring network has fallen into disrepair after years of budget cuts and neglect, leaving tens of millions of Americans vulnerable to undetected bad air quality from events like wildfires to industrial pollution, according to a report by the investigative arm of Congress. read more | | |
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British and EU leaders will meet face-to-face to try to seal a post-Brexit trade deal after failing again to narrow their differences on Monday, increasing the chance of a disorderly parting of ways at the end of the month. read more | | |
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Nonprofits Insurance Alliance (NIA), a property and casualty (P&C) carrier exclusively serving 501(c)(3) organizations, has launched a new coverage to protect nonprofits from liability arising from communicable diseases. read more | | |
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Guy Carpenter appointed an executive to lead its Japan operations. Aviva named an AIG veteran TO lead its international operations. read more | | |
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Police can now dispatch flying drones to answer 911 calls with the press of a button. Coastal cities in the U.S. could be facing a new housing crisis in the next few decades. Some ransomware gangs are calling victims they suspect might try to restore from backups to avoid paying ransom demands. *** Police are... read more | | |
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| | Progressive, Esurance and Lemonade have successfully adopted data-centric ... read more | |
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| | Now On Demand: Carriers, do you wish you could read your agents' minds? This ... read more | |
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| | AM Best expects that the Directors and Officers (D&O) segment will soon ... read more | |
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| | "Managing agent licensing is a business-critical function for insurers and ... read more | |
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