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| Today's Headlines | December 1, 2021 |
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Today's technologies can help insurers improve processes in every operational area, yet many carriers are still struggling to determine where the changes are most needed and the right technology to support those changes. In fact, a recent digital transformation survey for the insurance industry showed that not having the right tech to stay ahead of... 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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As environmental, governance and social (ESG) concerns permeate corporate agendas, businesses of all types need to be especially sensitive about how they use customer data. Insurance companies are increasingly using artificial intelligence (AI) to manage manual, low complexity workflows—such as data ingestion, processing and entry into enterprise systems—all of which dramatically increase operational efficiency. However,... read more | | |
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Climate change is having an impact on natural hazards all around the world and wildfire is at the forefront of this activity. Wildfire patterns that used to be confined to late summer months are a more continual threat and the way the insurance industry thinks... read more | | |
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China's banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments in other companies. read more | | |
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Milwaukee-based Insurance technology firm Zywave reports it has acquired Santa Barbara, Calif.-based ClarionDoor, a seller of insurance product distribution software for the property/casualty market. read more | | |
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While a Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. exacerbated Ohio’s opioid epidemic with lax oversight of prescription painkillers, the verdict may not survive on appeal, according to legal experts. read more | | |
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The Insurance Information Institute is resuming in-person events with its Joint Industry Forum 2021 on Thursday, Dec. 2 in Manhattan. This time, as with many post-COVID gatherings, there will be some health precautions in play. read more | | |
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A Chubb veteran signed on to AXA XL to head its Global Risk Management business in the southwestern United States. American Family spinout Arturo hired its first-ever Chief Marketing Officer. QBE named a new director of Canada. read more | | |
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It may be time to upgrade the "golden rule." Rather than trying to "do unto others as you would have them do unto you," we should adopt the "platinum rule," advises a recent article from Advisor Perspectives. The problem with the golden rule is that it's based on the assumption that everyone wants to be... read more | | |
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| | Data should point the way, not get in the way. Making the most of abundant ... read more | |
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| | The home improvement boom was an unexpected risk for the P&C insurance ... read more | |
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| | Accelerate competitiveness with a digital ecosystem. Revolutionize your ... read more | |
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| | This paper will review the current model of incident response for ransomware ... read more | |
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| | Future economic fundamentals may produce tailwinds for insurers seeking to ... read more | |
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