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Today's Headlines October 21, 2021

Monoliths Are a Problem for Insurance Carriers

In 2020, insurance changed forever. The coronavirus pandemic blurred the lines between business and personal insurance needs as the population was forced behind closed doors to work, learn and communicate. And though the world slowly attempts to return to normal, over 40 percent of the population is still working from home. Thanks to changes like... read more
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Florida Insurers Are Swimming in a Sea of Red Ink: Citizens CEO Gilway

It's not just a few Florida property insurance companies that are running into financial trouble. Almost every carrier is losing money in 2021 and the future does not look any better, the CEO of Citizens Property Insurance Co. told lawmakers Tuesday. read more
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 Brand Spotlight 
Cutting through the data noise in small commercial

Small commercial insurers are racing to innovate within an ecosystem that supports simplified, accelerated, and accurate underwriting. Data can point the way, but it needs to be the correct data: Clean, relevant, and insightful. That’s not always easy in the age of Big Data, which ...read more
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AXIS Capital Accelerates Its Retreat From Coal Investments and Cover

AXIS Capital Holdings Ltd. said it will phase out insurance cover and investments in the coal business globally within the next 20 years. read more
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Concert Group Holdings Raises $100M to Fuel Insurance Fronting Expansion

Concert Group Holdings – a newly formed business dedicated to insurance fronting – has raised $100 million in capital to fund its growth. read more
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SPONSORED BY: AgentSync

Video: 'Just-In-Time' Appointments

Seeing is believing. In just 3 minutes, see for yourself how technology makes just-in-time appointments easy and efficient with a state-by-state, rules-based system.... read more
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The Ratio of Cyber Ransoms Demanded to Ransoms Paid Is Declining: Corvus Report

There are some early signs of improvement in ransomware costs due in part to policyholder actions that helped reduce cybersecurity risks, according to a new report from Corvus Insurance. read more
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Russia's Renaissance Insurance Will Reduce IPO Size

Russia's Renaissance Insurance Group will reduce the size of its IPO to $250 million from an initial $290 million, two sources told Reuters on Wednesday, selling only new shares plus an over-allotment option. read more
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3M Will Resolve 'Forever Chemicals' Lawsuits With $98.4 Million Payout

Industrial conglomerate 3M Co on Tuesday said it had agreed to pay about $98.4 million to settle claims that it contaminated the Tennessee River with toxic chemicals. read more
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Thousands of Unvaccinated U.S. Workers Risk Losing Their Jobs Due to Employer Mandates

Thousands of unvaccinated workers across the United States are facing potential job losses as a growing number of states, cities and private companies start to enforce mandates for inoculation against COVID-19. read more
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Research and Webinars

How to Evaluate Imagery Providers

The arrival of new aerial imagery providers gives insurance carriers the ...
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Innovation-Driven Growth in Commercial Auto

Accelerate competitiveness with a digital ecosystem. Revolutionize your ...
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Differentiation in the Age of Consolidation: Carriers' Organic Growth Strategies

As large P&C carriers and brokers continue to grow through mergers and ...
read more

Ransomware and Aggregation Issues Call for New Approaches to Cyber Risk

Cyber insurance has become a significant issue for insurers. From being a ...
read more

What You Need to Sell Direct to Consumer, In-House

Want to add a direct-to-consumer distribution channel to your sales line-up? ...
read more
Media

EP.25: These Women Are Fighting Cyber Crime and Cybersecurity’s Gender Divide

InsurTech Newsletter


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