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| | | Unleash the power of your data | | There's predictive power in your data, you just need to know how to unlock it. Learn how to design and measure predictive analytics for small commercial risks. | | | | Verisk | |
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Today's Headlines | April 12, 2022 |
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As a native of St. Lucia in the Caribbean, I knew immediately when I moved to the United States that I was different. From an early age, seeking to understand others was the primary way in which I processed the world around me, and it's an approach that has carried over to my professional career... read more | | |
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| Advertisement | | | | THE Virtual Event for P/C Insurance Leaders | | The 2022 InsurTech Summit will feature industry experts discussing how insurtech can lead us towards a safer, smarter and better world. Join us for the 2-day virtual event on May 10th & 11th. | | | | Carrier Management |
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Taking a calculated risk by selling a hazardous product isn't the same as intentionally causing harm. For that reason, insurers must cover a court judgment that requires the company that sold Dutch Boy lead paint to pay $101 million into a California abatement fund, a New York appellate court ruled on March 24. The 1st... read more | | |
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The future of DIY home security has arrived. With remote work on the rise and new products hitting the smart home technology market, smart devices for DIY home monitoring are seeing a striking new level of demand. According to 2021 research from Parks Associates, self-installation ...read more |
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The National Association of Insurance Commissioners (NAIC) announced at its spring meeting that a bipartisan group of state insurance regulators has adopted a new standard for insurance companies to report their climate-related risks, in alignment with the international Task Force on Climate-Related Financial Disclosures (TCFD). The bipartisan group is led by Insurance Commissioners Ricardo Lara... read more | | |
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It's a crime that siphons untold billions from the economy—but many people have never heard of it. Business email compromise scams involve criminals hacking into email accounts, pretending to be someone they're not and fooling victims into sending money where it doesn't belong. Although they get far less attention than the massive ransomware attacks that... read more | | |
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California utility PG&E Corp has reached settlement agreements with district attorneys representing Northern California counties to avoid prosecution over two major wildfires, with the company agreeing to pay $55 million. "As a result of these agreements, no criminal charges will be filed in the Dixie Fire (2021), and the criminal complaint regarding the Kincade Fire... read more | | |
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Don Civgin, vice chair and CEO, Protection Products and Services at Allstate, has announced his decision to retire, effective May 1. Civgin joined the company as chief financial officer in 2008, became president and CEO of Allstate Financial in 2012, and vice chair of The Allstate Corporation in 2019. With Civgin's retirement, Terrance Williams will... read more | | |
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Climate change protesters in London have targeted insurance underwriting house Lloyd's of London for its role in enabling fossil fuel projects. The City of London Police said they were aware of protests at London's Liverpool Street Station and the Lloyd's building on Lime Street. At least 10 police vans were seen outside the building, and... read more | | |
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The new CEO of Hertz says he's working to fix a glitch in the rental-car giant's systems that has led to some of its customers being wrongly accused of stealing cars they had rented. Stephen Scherr, who took over as CEO on Feb. 28, said the company has changed its practices to fix problems that... read more | | |
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| Better serve policyholders across your insurance workflows with powerful ... 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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| Recent studies indicate that consumers are willing to switch insurance ... read more | |
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| A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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