| Today's Headlines | November 30, 2020 |
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In fall 2016, Zurich North America moved its operations into a spectacular new 783,000-square-foot complex. Today, it is barely used, thanks to the ongoing coronavirus pandemic. Outside, the 40-acre complex has 13 acres of native savanna landscaping, more than 600 trees, terraces, walking trails, and ponds that support swans. Natural light bathes much of the... read more | | |
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What's NExTT? It's a question that CB Insights analysts asked—and answered—in a recent report about trends in property/casualty insurance technology, finding that eight of the 17 emerging technologies analyzed are now "necessary" for P/C carriers. The acronym "NExTT" refers to a framework that CB Insights uses to track whether technologies are necessary, experimental, threatening or... read more | | |
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The insurance industry is at a crossroads. Technology has changed the way people select and buy policies. With so many fast and simple ways to change carriers and so much information about insurance available online, customers are becoming more savvy and brand agnostic. Carriers that ... read more | | |
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Policyholder attorneys pursuing COVID-19 business-interruption claims are hoping to persuade judges to accept a premise that many Americans appear to doubt: The novel coronavirus is physically present on property and poses an imminent danger to the public. read more | | |
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Hover founder and CEO A.J. Altaman said the coronavirus pandemic has led to an increased interest in his company's business. Hover has a 3D data platform for home improvement and property insurance professionals, and the product eliminates the need for home visits. read more | | |
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Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday. read more | | |
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Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group. read more | | |
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Reinsurance rates are likely to rise in the double-digit percentage point range at key contract renewals in January, Denis Kessler, chairman and chief executive of the French reinsurer SCOR, said on Wednesday. read more | | |
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Leaders working in property/casualty insurance and reinsurance agree that innovation is a business imperative for their firms, but each define the term slightly differently, and they say metrics to measure innovation success are also unclear. During a Virtual Roundtable hosted by Carrier Management in late October, four innovation experts delved into questions about the industry's... read more | | |
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| | Boost retention by reaching out at the right time with the right message. Auto ... read more | |
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| | Every moment between when an auto accident occurs and the auto insurance ... 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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| | 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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