Critical Information for P/C Carrier Executives
| | | Today's Headlines | November 24, 2021 |
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| As the light at the end of the COVID tunnel finally emerges with companies returning to pre-pandemic activity levels, many are finding it very challenging to acquire great talent. There are several key factors that contribute to the headwinds in the talent acquisition market: Top performers are tuning out the current avalanche of recruiting emails,... read more |
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| Social inflation has become the buzzword in insurance in recent years, and the exact definition, causes, impact and outlook for the future remain fuzzy to many companies. Social inflation broadly refers to the rise in liability loss costs beyond what would be expected from economic inflation alone. Insurers must accurately predict trends over time in... read more |
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| According to McKinsey's latest "Global Innovation Survey," more than 80% of executives believe innovation is an important aspect of their growth strategy. However, only 6% are anywhere near satisfied with innovation performance. This is a monumental gap but it's not surprising, especially considering the challenges ...read more |
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| The $1.2 trillion infrastructure bill that became law last week earmarks billions for projects to improve safety for cars and trucks and protect properties from floods and wildfires. But one of the provisions most welcomed by insurers doesn't appropriate any money at all. read more |
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| Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27,6%, according to The Council's Commercial Property/Casualty Market Index for the third quarter. read more |
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SPONSORED BY: CoreLogic In its 2021 Wildfire Report, CoreLogic analyzes risk and resilience through a housing stock comparison lens to understand the most accurate potential impact of a devastating wildfire season. Readers might be surprised to learn... read more |
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| PartnerRe Ltd., once again in line to be acquired by France's Covéa, finished its 2021 third quarter with large catastrophic losses, double digit premium hikes and a big drop in net income. read more |
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| New York's highest court ruled on Tuesday that JPMorgan Chase & Co is entitled to insurance coverage for $140 million of a U.S. Securities and Exchange Commission settlement with the former Bear Stearns Cos over improper mutual fund trading. read more |
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| Assicurazioni Generali SpA is in early talks on a possible takeover of Credit Agricole subsidiary La Medicale, as part of plans to expand in European non-life and health insurance businesses, according to people with knowledge of the matter. read more |
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| The U.S. government asked a federal appeals court to immediately lift a court-ordered stay on a sweeping workplace COVID-19 vaccine rule to avoid "enormous" harm to public health, or alternatively to allow a masking-and-testing requirement, according to a court filing. read more |
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| The home improvement boom was an unexpected risk for the P&C insurance ...
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| GIACT's new report, Understanding Account Takeover 2021, discusses the impact ...
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| Future economic fundamentals may produce tailwinds for insurers seeking to ...
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| This paper will review the current model of incident response for ransomware ...
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| Data should point the way, not get in the way. Making the most of abundant ...
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