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| | | | | | | Looking Beyond the ESG Label | | | | Despite tremendous current growth, ESG labeled bonds could play a less prominent role in sustainable investment strategies in the future. | | | | | | | | New England Asset Management | | |
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| Today's Headlines | April 27, 2022 |
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In this edition of Risk Alerts, we highlight underground coal fires, trackers being used as stalking tools, BadUSB drives and methane leaks, among other threats. A hidden risk: underground coal fires. The Marshall Fire, which burned approximately 6,000 acres in Colorado last December, was the most destructive wildfire in the state's history. Authorities are still... read more | | |
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| | | Advertisement | | |  | | | | Towards a Safer, Smarter and Better World | | | Governance. Safety. Community. Employment. This year's InsurTech Summit will examine
how insurtech can lead us towards a better world. Join us for this 2-day virtual event. | | | | | | | | Carrier Management |
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While investment analysts continue to track commercial insurance rate hikes for property/casualty insurance carriers, exposure growth was an important contributor to a top-line record for the first quarter at W.R. Berkley Corp., the specialty carrier's CEO said. Speaking on an earnings conference call on Monday evening during which executives reported first-quarter net income of $590.6... read more | | |
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Despite common industry misconceptions, managing general agents and underwriters (MGAs and MGUs) are also on the hook in a variety of ways for proactively verifying producer licensure. Insurance carriers are often burdened with producer compliance for appointments, and agencies are typically working up-close and ... read more | | |
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Chubb said first-quarter 2022 net income fell to $1.97 billion compared with $2.30 billion during the same time a year ago, but property/casualty underwriting income during the period shot up 106 percent to a record $1.3 billion. The P/C combined ratio for the first quarter was 84.3 compared with 91.8 the prior year. The P/C... read more | | |
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When the Federal Emergency Management Agency rolled out a major overhaul to its beleaguered National Flood Insurance Program last April, it promised that bigger, richer homes would bear the brunt of premium increases while almost 90 percent of policyholders would see their costs stay stable or decrease. But as the program goes into effect this... read more | | |
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Upward premium rate momentum is expected to continue to support underlying performance for the London market, despite mounting challenges connected to climate modeling, claims inflation and the war in Ukraine, according to AM Best. "London market re/insurers have enjoyed several consecutive years of rate increases, with every class of business showing positive momentum," said AM... read more | | |
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Duck Creek Technologies has appointed Benjamin Dulieu to its leadership team as chief information security officer. He will be responsible for Duck Creek's overall information and cybersecurity strategy, as well as managing corporate cybersecurity and protection programs, including for the company's OnDemand offerings. Dulieu joins Duck Creek from Brown Brothers Harriman & Co. (BBH), where... read more | | |
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The world's most expensive lunch will go on sale again this spring when investor Warren Buffett auctions off a private meal to raise money for a California homeless charity one last time. Buffett, Berkshire Hathaway's CEO, held the lunch auction once a year for 20 years before the pandemic to raise money for the Glide... read more | | |
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| | A clunky and inefficient claims process leads to unhappy customers. This guide ... read more | |
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| | Research firm Aite-Novarica interviewed 10 life, annuity, and P/C insurance ... read more | |
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| | Over-pricing policies could trigger the loss of high-quality, lower risk ... read more | |
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| | According to Harvard Business Review, low-quality data costs U.S. businesses ... read more | |
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| | Evolve from "good enough" to actionable data to empower your underwriting. Stop ... read more | |
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