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| | | | | | | Leverage Tech to Drive Profitability | | | Calling all underwriters! Did you know that better
tech can enable you to underwrite more profitably?
Two Sigma IQ's data science expert explains how. | | | | | | | | Two Sigma IQ | | |
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| Today's Headlines | October 14, 2021 |
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Workers compensation insurers have slashed spending on opioids, reducing the risk of addiction and delayed recovery, but now they are under increasing pressure to reimburse injured workers for a new kind of elixir. Six states now allow or require insurers to reimburse workers compensation claimants for medical marijuana if its use is deemed reasonable and... read more | | |
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The U.S. insurance industry's top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and appeal processes—as well as underwriting, rating and insurance producer and sales issues. read more | | |
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The cost of motor vehicle reports (MVRs) continues to climb, with the latest Verisk analysis revealing the nationwide average to be $10.32 as of July 2021, compared to $7.64 ten years ago. Verisk's ten-year analysis of fees shows that state registry fees were ... read more | | |
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Cyber MGU At-Bay, three months after securing a $185 million venture capital financing round, is celebrating raising another $20 million. read more | | |
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RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on the company's third quarter 2021 results. In a separate announcement, Arch Capital Group Ltd. reported that its 2021 third quarter results will be negatively affected by Hurricane Ida and the July flooding events in central Europe, as well as from other minor global events. read more | | |
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SPONSORED BY: EIS Low-code/no-code technology is a huge buzzword in today's insurance market. Seemingly every vendor is either talking about it or claiming to have it. But what is it, exactly, and how do the technology and business sides of insurance benefit from it?... read more | 
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Insurance broker Lockton Companies announced the formation of special team focused on risk transfer for companies in the evolving blockchain and cryptocurrency industry and their digital assets. read more | | |
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Renaissance Insurance Group JSC, Russia's largest online policy provider, set a price range for its initial public offering in Moscow that values the company at as much as 73.3 billion rubles ($1 billion). read more | | |
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The governance of the world economy needs to be overhauled to ensure it can withstand future health and economic shocks, as well as challenges posed by climate change and the rise of China, advisors to the Group of Seven rich nations said. read more | | |
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One partnership will focus on boosting the claims experience for insurers and policyholders. Another looks to promote climate resilience and target social inequities. A third help insurance companies more accurately assess and price auto risk. *** Safekeep said it is partnering with Duck Creek Technologies to boost the claims experience for insurers and policyholders. Safekeep... read more | | |
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| | Cyber insurance has become a significant issue for insurers. From being a ... read more | |
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| | Commercial underwriting executives share tips on their digital transformation ... read more | |
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| | Insurers are facing a moment of truth. How they respond today will lay the ... read more | |
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| | GIACT's new report, Understanding Account Takeover 2021, discusses the impact ... read more | |
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| | Accelerate competitiveness with a digital ecosystem. Revolutionize your ... read more | |
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