Carrier Management Critical Information for P/C Carrier Executives
Featured Magazine Content February 4, 2021

Extra! Extra! CM's First Digital Edition of 2021

Carrier Management published its first magazine of 2021 in mid-January, "Between The Quarters: What To Focus On in 2021," in digital format. If you didn't receive a copy in your email inbox, all the articles are now available to view on the magazine page of our website. Already popular highlights of the edition include articles... read more
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New Capital Unlikely to Immediately Soften Rates: Vantage Risk CEO

Greg Hendrick, the CEO and co-founder of the new reinsurance and insurance company Vantage Risk isn't too concerned about the new capital that has been pouring into the market this year, and its potential to drive down rates—at least in the near to medium term. Hendrick, a 30-year industry veteran and former CEO of AXA... read more
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Ranking U.S. Insurers: How They Score on ESG Performance

For the past several years, environmental, social and governance (ESG) factors have figured prominently in the investment decisions of institutional investors, pension funds and shareholders. The reason is the potential impact of these factors on the value of their investments. Property/casualty insurers and reinsurers also are large institutional investors. They also underwrite companies with ESG-related... read more
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Building an Inclusive Workplace Takes More Than Lip Service

Companies need to stop paying lip service to creating a diverse and inclusive workplace and actually take action to make it happen. That means investing time and resources into setting clear goals and expectations, figuring out a way to measure progress, rethinking processes, and holding individuals throughout the organization accountable for doing their part in... read more
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Actuary to Actuary: Understanding Racism in the Workplace

Events in 2020 that included protests in response to the brutal killings of several unarmed Black people—George Floyd, Breonna Taylor and Ahmaud Arbery to name a few—reignited passionate conversations around systemic racism in North America and across the world. We have had to revisit questions like: Does racism really still exist? To what extent? How... read more
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Racism in Insurance: How Things Can Change

What wakes you up every morning? Your alarm clock? The neighbor's (or your) barking dog? Sunrise through your window? A gentle nudge from your significant other? For most of the world, the year 2020 proved to be the loudest wake-up call of the decade. In the U.S., the COVID-19 pandemic, civil uprisings and a divisive... read more
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More Emerging Risks for 2020: Insurance Costs for Violence Unclear

When I wrote about emerging issues facing the property/casualty insurance industry for Carrier Management early in 2020 I stated, "Insurers and reinsurers face numerous emerging issues arising from: the rapid pace of scientific, technological and medical advances; new products; changing social mores; court decisions abrogating various insurance policy defenses; as well as new and amended... read more
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How to Avoid Bad Faith Damages in COVID First-Party Property Lawsuits

As observed from the numerous COVID-19 first-party property cases that have already been filed, insureds are claiming insurers have denied their business interruption claims in bad faith. Whether the applicable jurisdiction limits bad faith damages via statute or allows such damages consistent with punitive damages, insurers must ensure their adjusters are handling these COVID-19 claims... read more
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BI Innovation Coming Soon: Low-Limit Policies From InsurTech Thimble

See a need and then fill it. That's the secret of most successful businesses—and that was the driving motivator of InsurTech Thimble, which is currently working on coverage for small business customers during business interruptions. Jay Bregman, co-founder of the New York City-based company, is accustomed to filling gaps in the marketplace, having transformed a... read more
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Where Are You Investing?

No, this article is not about money. This article is about time. And people. And how your investment in them can bring great returns. When you take the time to invest in people, you invest in success. Very few people have achieved true success without the help of others. As a leader, your personal investment... read more
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