Critical Information for P/C Carrier Executives
| | | Today's Headlines | February 25, 2021 |
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| If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program, the NFIP rates would need to increase 4.5 times to cover the risk today. New research, The Cost of Climate, from First Street Foundation, a nonprofit research and technology... read more |
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| Social justice is an easy goal on which to agree, though as the events of the past year have taught us, we often fall short transforming the aspirational into reality. That doesn't mean we stop trying, and in as vital an industry as insurance, the need to ensure we properly and fairly serve all consumers... read more |
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| On March 12, 1928, William Mulholland, Harvey Van Norman and Tony Harnischfeger hiked down the dry-side of the newly-filled St. Francis Dam in California, inspecting worrisome leaks. Mullholland was the mastermind behind Los Angeles' new aqueduct — a 233-mile series of man-made rivers and reservoirs that...read more |
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| A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use the money, in part to propel its North American expansion, with a new regional headquarters set to launch in Montreal. read more |
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| Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia's Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters. read more |
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| Italy's top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. read more |
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| In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different in the annual meeting season starting next month, when companies are set to face the most investor resolutions tied to climate change in years. read more |
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| Verisk is offering a new usage-based program for auto insurers. CSAA Insurance Group has started a new network that highlights environmental sustainability. American Modern has launched an augmented reality experience to educate agents on residential property solutions. *** Verisk is offering auto insurers a new usage-based insurance product using connected car telemetry. Discount Alert allows... read more |
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| Working with a "star" employee—someone who demonstrates exceptional performance and enjoys broad visibility relative to industry peers—offers both risks and rewards, according to new research from the Cornell University's ILR School. In collaborations, stars tend to get more than their share of the credit when things go well—and more of the blame when projects don't... read more |
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| "Managing agent licensing is a business-critical function for insurers and ...
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| For the Insurance industry, digital transformation has shifted from the 3 - 5 ...
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| " When it comes to insurance, small business owners want straightforward ...
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| It has never been more evident that traditional paradigms no longer serve the ...
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| The number one trend affecting all businesses is digital transformation. The ...
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