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Today's Headlines January 5, 2022

Comma-tose: Coverage Case Hinged on Punctuation Question

Coverage disputes often hinge on the exact wording of an insurance policy. In a case in federal court in South Florida, the issue came down to not only the wording but the punctuation — namely, a question about a single comma. "As a general matter, insurance policies and insurance salesmen have long been the butt... read more
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D&O Insurance Specialist IDs a Fourth Variant of COVID Shareholder Suits

Even over a holiday weekend, alerts were hitting the newswires in advance of Jan. 3—the deadline for shareholders of ON24 to apply for lead plaintiff status in a lawsuit against the online event platform. ON24 is just one of the companies that became more popular with insurance and non-insurance professionals alike during COVID lockdowns. With... read more
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 Brand Spotlight 
Distribution Management: A Path to Maturity

In the 1993 movie Groundhog Day, Bill Murray plays a Pittsburg broadcaster stuck in a loop, replaying the same day, February 2, over and over. The screenplay, written by Danny Rubin and Harold Ramis, was ingenious in its ability to make us consider what we ...read more
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Workplace Fatalities Fell 10.7% in 2020, While Severe Illness Cases Rose

Worker deaths decreased by 10.7 percent in 2020 compared to 2019, with 4,764 fatal workplace injuries, according to the Bureau of Labor Statistics in its annual report on workplace fatalities for 2020. This represents the lowest annual number of workplace injury deaths since 2013. While the report does not include COVID-19 illness deaths, the decrease... read more
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COVID-19 Claims of $44B Is Third-Largest Catastrophe Loss: Howden

Insured losses of $44 billion from COVID-19 so far represent the third-largest cost to insurers of any catastrophe, behind only Hurricane Katrina and the 9/11 attacks, insurance broker Howden said on Tuesday. However, initial projections of $100 billion-plus for COVID-19 insured losses now look "improbable," Howden said in a report on reinsurance renewals. That prediction... read more
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Opportunistic Crime: Catalytic Converters Thefts Still Soaring

In the tiny town of Lawrenceville, Va., a van owned by Poplar Mount Baptist Church was knocked out of commission for weeks after thieves cut the catalytic converter out of its exhaust system. Several months later, across town, a catalytic converter was ripped from a van owned by First Baptist Church. Similar crimes followed, targeting... read more
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Zurich's Savio Named APIW 2021 Insurance Woman of the Year

The Association of Professional Insurance Women has named Kathleen Savio, group chief transformation officer of Zurich Insurance Group, as the 2021 APIW Insurance Woman of the Year. She will be recognized for the award on April 7, 2022, in New York City, with details to follow. Savio has been with Zurich Insurance Group for three... read more
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How to Create a Hybrid Workplace and Office Culture

Businesses figured out how to work remotely on the fly when COVID-19 rapidly disrupted their ways of working. Those planning to adopt a hybrid work model when they return to the office still have time to prepare. But managing a distributed team comes with its own unique challenges including: What does hybrid look like for... read more
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Research and Webinars

3 Steps to Optimize Distribution Channels

Effective distribution is essential to carrier success, especially as the ...
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E&S Startups Emerge To Take On Insurance's Biggest Risks

It's good to be in the E&S market right now. Indeed, E&S typically ...
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How AI helps mitigate P&C insurance risk

The home improvement boom was an unexpected risk for the P&C insurance ...
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When every picture tells a story...

How much do you know about the risks in your portfolio—and what might you be ...
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Digital Strategies & Shifting Priorities in Commercial Lines Insurance

Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ...
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Media

On the Horizon: From Flood to Business Interruption

InsurTech Newsletter


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