Critical Information for P/C Carrier Executives
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| | | Reach insurance customers on Amazon. | | More than half of recent insurance customers shop on Amazon at least 1x per month. Explore how you can reach them at the right time with Amazon Advertising. | | | | Amazon Advertising | |
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Today's Headlines | November 17, 2021 |
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With losses from Hurricane Ida and its aftermath reaching $25-$30 billion, far too many homeowners don't realize they may not have insurance coverage for flooding. While tens of thousands of flood insurance claims have already been filed, property owners are too often surprised to learn their homeowners policy doesn't cover flood damage —and that they... read more | | |
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Imagine explaining the concept of insurance to an alien. After the end of the elevator pitch, I guarantee they would think it was a pretty cool idea. At its heart, insurance is a simple and great concept: a product that protects people if something bad happens to them. Then how did the industry get such... read more | | |
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For personal auto physical damage coverages, the pandemic's impact is a by-now familiar story. Average claim frequency plunged as many workers traded commutes for remote work. Average severity grew, though, thanks in part to an increase in thefts and fewer low-speed accidents. Yet an ...read more |
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Steadily, an InsurTech MGA focused on landlord insurance, has raised $27.2 million in new venture capital designed to help expand the reach of its digital platform. read more | | |
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Zurich North America has created a new position to address social inflation and tort reform, naming Allen Kirsh as head of Claims Judicial and Legislative Affairs. As part of his new role, Kirsh will be advocating for changes in the law consistent with tort reform issues, supporting judges and legislators who fairly balance industry and... read more | | |
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Canopius Group, a global specialty (re)insurer, announced an agreement with Samsung Fire and Marine Insurance (SFMI), its substantial minority shareholder and business partner, to underwrite U.S. admitted business on its A++ rated paper. This agreement marks the most significant business cooperation to date between the two parties as they seek to develop opportunities in partnership across the globe. read more | | |
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A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc's Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost its already dominant advertising business. read more | | |
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The U.S. Supreme Court on Monday rejected Volkswagen AG's bid to avoid lawsuits filed by officials in three states seeking damages stemming from the German automaker's diesel emissions cheating scandal. read more | | |
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Warren Buffett's Berkshire Hathaway Inc said on Monday it eliminated its investment in Merck & Co and reduced its stakes in AbbVie Inc and Bristol-Myers Squibb Co, as it pared its overall stock market investments. read more | | |
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| Business email compromise, or BEC – defined as a fraud tactic using email to ... read more | |
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| Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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| The home improvement boom was an unexpected risk for the P&C insurance ... read more | |
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| Data should point the way, not get in the way. Making the most of abundant ... read more | |
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| GIACT's new report, Understanding Account Takeover 2021, discusses the impact ... read more | |
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