Critical Information for P/C Carrier Executives
Carrier Management Critical Information for P/C Carrier Executives
 
 
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E&S Startups Take On Big Risks
 
Established insurance professionals are taking advantage of the E&S demand to launch their own companies. Learn the quick to market strategy.
 
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OneShield
 
 
 
Today's Headlines December 20, 2021

Why Founders Leave InsurTechs

Ron Glozman has always been a problem-solver, a good skill to have as a tech visionary creating companies that automate manual processes in the insurance industry. Once the business is launched, he's already thinking about the next one. In 2014, Glozman founded Chisel AI, a real-time data extraction tool that identifies submissions that align with... read more
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Operational Efficiencies Driving Customer Value
 
Learn the importance of insurance payment process transformation to reduce expenses, improve operational efficiencies, and drive customer value, ultimately improving competitive advantage.
 
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Why Reinsurance Prices Are Wrong -- and How to Fix Them

Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the broker will discover that the treaty is oversubscribed and will have to go back to the markets to reduce each reinsurer's commitment by a... read more
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 Brand Spotlight 
Millions of properties at risk of wildfire on the West Coast

Wildfire behavior in 2021 has been historic amid persistent and severe drought conditions across the western United States. In California, fires crossed the Sierra Nevada Mountains for the first time on record. They also closed in on resort properties near Lake Tahoe, contributing to additional ...read more
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Update on Legal Status of Federal COVID-19 Vaccine Mandates

Tens of millions of workers across the U.S. are in limbo as federal courts have issued different rulings related to President Joe Biden's COVID-19 vaccine mandates for larger private companies, certain health care workers and federal government contractors. A federal appeals court panel has allowed a vaccine requirement for employers with 100 or more workers,... read more
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Insurer Missed Deadline to Remove $1M Bad Faith Case to Federal Court

Darryl A. Vachon did not accuse Travelers of bad faith in handling his $25,000 uninsured motorist claim until after a jury found he had incurred $1,022,780 in damages. Because he didn't, the insurer must now defend itself against a million-dollar lawsuit in state court, where it has already been outwitted by the plaintiff's attorney but... read more
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Everest Re CEO Andrade Wins Vote of Confidence and Contract Extension

Everest Re Group President and CEO Juan Andrade just got a big vote of confidence from his company's board of directors. read more
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Financial Council Warns Climate Change, Stablecoins Are Systemic Risks

Climate change, the rapid growth of "stablecoins" and financial innovations that led to frenzied trading of GameStop Corp shares early this year are threats to the U.S. financial system that merit closer scrutiny, a Treasury Department-led regulatory panel said on Friday. In its annual report, the Financial Stability Oversight Council (FSOC) added that while the... read more
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Chubb Beefs Up North America Commercial P/C Leadership With Two New Appointments

Chubb made two new appointments designed to bolster the leadership of its North America commercial property and casualty businesses. read more
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Judge Overturns $4.5B Settlement Protecting Sackler Family From Opioid Lawsuits

A federal judge overturned a roughly $4.5 billion settlement that legally shielded members of the Sackler family who stand accused of helping fuel the U.S. opioid epidemic, a decision that threatened to upend the bankruptcy reorganization of their company, OxyContin maker Purdue Pharma LP. read more
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Offshore Wind Project Spurs Legal Challenge From Oil Lobby and U.S. Fishing Industry

Members of the U.S. commercial fishing industry are teaming up with an oil industry-backed lobbying group to fight offshore wind energy development on the East Coast, according to documents reviewed by Reuters and interviews with people involved. read more
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Research and Webinars

How Carriers are Managing Licensing & Compliance: New Models for New Times

"Managing agent licensing is a business-critical function for insurers and ...
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Reducing Cyber Insurance Claim Expenses

This paper will review the current model of incident response for ransomware ...
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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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3 Ways for Carriers to Succeed in the Industry’s Next Phase

Effective distribution is essential to carrier success, especially as the ...
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Commercial Lines Forecast

Future economic fundamentals may produce tailwinds for insurers seeking to ...
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Media

EP.5 Strategy Sessions – 2022: The Year to Come

InsurTech Newsletter


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