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| Today's Headlines | October 8, 2021 |
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As environmental, governance and social (ESG) concerns permeate corporate agendas, businesses of all types need to be especially sensitive about how they use customer data. Insurance companies are increasingly using artificial intelligence (AI) to manage manual, low complexity workflows—such as data ingestion, processing and entry into enterprise systems—all of which dramatically increase operational efficiency. However,... read more | | |
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In a deal that will expand its Asia book to $7 billion in net premiums, Chubb announced a definitive agreement to acquire some life and non-life insurance companies from Cigna in seven Asia-Pacific markets. Chubb will pay $5.75 billion dollars in cash for the companies, which house the personal accident, supplemental health and life insurance... read more | | |
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Smart home sensor devices help insurance carriers not just lower claims but prevent them from occurring in the first place. So, is it worth offering homeowners, renters, and small businesses a premium discount to stimulate adoption? For forward-thinking carriers, the answer is a resounding yes... read more | | |
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Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up to $80 million for settlements with shareholders who cried foul after learning that the brokerage's merger with Willis included a $165 payout to its chief executive. A federal judge in Alexandria, Va., ruled Tuesday that... read more | | |
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The normal bustle inside of many office buildings has come to a halt during the pandemic switch to remote work, but these empty buildings could be inviting a different kind of activity: cyber crime. "With any type of confusion, and certainly one at the scale of a pandemic and mass exodus from office buildings, the... read more | | |
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Personal levels of risk tolerance and potential development opportunities are among the factors that job seekers weigh as they consider whether to work at traditional property/casualty carriers or the growing crop of InsurTechs, placement professionals say. But there are other considerations in the mix, including work-life balance, variety of work experience, company mission and overall... read more | | |
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U.S. senators from coastal states are predicting "an actuarial disaster" in the future once FEMA's new flood insurance rating systems goes into full swing. In a press call on Sept. 30, Louisiana Sen. Bill Cassidy and New Jersey Sen. Bob Menendez called for President Biden to delay the implementation of the National Flood Insurance Program's... read more | | |
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Tesla Inc. will likely seek to slash a $137 million jury award for a Black worker who accused the automaker of racial discrimination but could have difficulty reducing the verdict amid claims that the company tolerated widespread harassment, legal experts said. A federal jury in San Francisco on Monday ordered Tesla to pay $130 million... read more | | |
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Working from home could revolutionize job opportunities for people with mobility impairments, chronic medical conditions and other disabilities, but a towering obstacle still stands in the way more than 18 months into the pandemic. A report by the Rutgers Program for Disability Research finds a disproportionate number of people with disabilities work in places like... read more | | |
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| | Accelerate competitiveness with a digital ecosystem. Revolutionize your ... read more | |
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| | The arrival of new aerial imagery providers gives insurance carriers the ... read more | |
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| | Cyber insurance has become a significant issue for insurers. From being a ... read more | |
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| | Insurers are facing a moment of truth. How they respond today will lay the ... read more | |
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| | Want to add a direct-to-consumer distribution channel to your sales line-up? ... read more | |
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