Critical Information for P/C Carrier Executives
| Today's Headlines | February 24, 2021 |
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Levels of employment for the insurance industry are "holding up much stronger than the overall economy," the leader of an insurance search firm said recently, reporting that insurers have added almost 20,000 jobs since March 2020. The actual number, 19,700 jobs, according to U.S. Bureau of Labor Statistics, represents a 1.2 percent increase in employment... read more | | |
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Tens of millions of workers in developed economies will have to retrain for secure careers in post-COVID labor markets reshaped by the pandemic and the remote working revolution, a report by consultancy McKinsey said on Thursday. The analysis by MGI, McKinsey's economics research arm, concluded the pandemic's biggest impacts will be concentrated in four work... read more | | |
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Lloyd's has made notable progress in its push to become more inclusive, according to its 2020 culture survey, but it still has plenty of room for improvement—especially when it comes to the experiences of Black and minority ethnic talent. The annual survey, begun in 2019, is designed to track the market's collective progress toward a... read more | | |
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COVID-19 has not made people any less concerned about climate change—despite the pandemic disrupting and dominating many aspects of their lives, a study suggests. Over a period of 14 months—including the first three months of the COVID-19 lockdown—neither concern about climate change nor belief in the severity of the problem declined in the UK, the... read more | | |
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A subsidiary of Germany's Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid the fear of sanctions by the U.S. government. The U.S. has been threatening sanctions against European companies that support construction of the $11 billion gas pipeline, and Zurich Insurance Group dropped out last month. "Munich... read more | | |
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Chubb has launched a new cyber insurance brand. Hippo is partnering with ADT to offer access to smart home services. HSB has introduced new workplace violence coverage for small and midsize businesses. *** Chubb has launched Blink by Chubb, a new brand focused on delivering easy, effortless and affordable insurance products for digitally savvy consumers.... read more | | |
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A federal judge tossed out a lawsuit that sought to hold an employer responsible for a worker's spouse getting sick with COVID-19. U.S. District Judge Maxine M. Chesney in San Francisco on Monday dismissed the complaint filed by Corby Kuciemba and her husband, Robert Kuciemba. The judge gave the couple an opportunity to revise their... read more | | |
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When Donnel Baird first pitched his idea in 2014 to create a technology platform that could help small apartment buildings and other urban structures become energy efficient, he got the U.S. government to promise him $2.1 million, provided he could raise a similar amount from elsewhere. But not one of some 200 venture capital firms... read more | | |
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People tend to listen to big talkers, whether they are women or men. Still, more women prefer not to use assertive language, according to a new study led by Washington State University economist Shanthi Manian. The study, published in Management Science on Feb. 17, found that participants in an experiment more often followed advice when... read more | | |
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| It has never been more evident that traditional paradigms no longer serve the ... read more | |
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| "Managing agent licensing is a business-critical function for insurers and ... read more | |
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| " When it comes to insurance, small business owners want straightforward ... read more | |
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| Now more than ever, insurance carriers are interested in using data science to ... read more | |
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| Watch on demand: Erie Insurance's Tim Shine shares the journey to digitize the ... read more | |
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