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| | | | | | | Verisk | | | The Peak of Insurance Innovation
February 15-16, 2022 | | | | | | | | Verisk | | |
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| Today's Headlines | January 25, 2022 |
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| The specialty insurance marketplace always has been a vast laboratory for nascent products. It once was a tiny market. Those days are over. Today, with tens of billions in premiums in the U.S. market, specialty is for more than unique and emerging risks. And it is attracting new carriers and underwriting talent. Specialty is a... read more |
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| | | Advertisement | | | | | | | | Verisk | | | The Peak of Insurance Innovation
February 15-16, 2022 | | | | | | | | Verisk |
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| Commercial auto insurance loss severity rose about 5 percent per year during the five-year period ending 2019, as the proportion of claims that had attorney involvement increased to nearly 30 percent, according to an actuarial report. The report, "Trends in Attorney Representation: U.S. Commercial Automobile Insurance," prepared by actuaries from Milliman for the American Property... read more |
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| They go by a fairly innocuous name: Per-And Polyfluoroalkyl Substances, or PFAS. Found in many items from food packaging to firefighting foam, PFAS chemicals have been used for decades.[1]They even have a (much less innocuous) nickname–"forever chemicals"–so called because they resist breaking down ...read more |
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| Secondary peril events such as wildfires, tornadoes and severe thunderstorms are becoming more impactful and generating an increasingly larger amount of insured losses, affecting the bottom lines of personal and commercial lines property underwriters. The growing frequency of severe weather events is "fast becoming the rule rather than the exception," warns an AM Best Commentary,... read more |
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| Meta Platforms Inc. and Snap Inc. are to blame for the suicide of an 11-year-old girl who was addicted to Instagram and Snapchat, the girl's mother alleged in a lawsuit. The woman claims her daughter Selena Rodriguez struggled for two years with an "extreme addiction" to Meta's photo-sharing platform and Snap's messaging app before taking... read more |
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| Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The InsurTech previously raised $17 million five months ago, resulting in a total A round of $52 million. The additional raise was led by Pitango Growth and Hanaco Ventures, with participation from previous investors Team8 Capital, Vertex Ventures, Elron... read more |
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| The Allstate Corp. has acquired an office building in downtown Chicago months after agreeing to sell most of its campus in Northbrook, Ill. Allstate confirmed it purchased the property at 29 N. Wacker Drive in Chicago's Loop, a 10-story office building. "We are in discussions with the City of Chicago about potential uses for the... read more |
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| In the last year and a half, many of us went from having long commutes to simply walking down the hall to our new home office. We've saving gas, money and hours in "wasted" time—but what are we losing? Our commutes were part of our daily ritual, note James R. Bailey, a professor of leadership... read more |
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| Effective distribution is essential to carrier success, especially as the ...
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| It's good to be in the E&S market right now. Indeed, E&S typically ...
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| The home improvement boom was an unexpected risk for the P&C insurance ...
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| This paper will review the current model of incident response for ransomware ...
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| Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ...
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