|
| | | | | | | Ready to hit the gas? | | | | Understand how to spot low-quality data and put your small commercial business on the fast lane to growth. Learn the 6 key elements of a high-quality data provider. | | | | | | | | Verisk | | |
|
| | | | |
| |
| Today's Headlines | July 27, 2022 |
|
|
| The term "digital divide" was coined in the mid-1990's by consumer groups who were concerned that the growth and spread of the Internet would lead to those who had access to the Internet, and those who did not. The digital divide definition has expanded to include access to healthcare and education, to name just a... read more |
| |
|
|
| According to an analysis of loss reserves published in mid-March by Assured Research, 2021 marked the 16th straight year that the U.S. P/C industry's loss reserves developed favorably—by about $11.1 billion during 2021, or around 1.7 percent of the prior year's reserves. $11.1 billion is a big number. It roughly ties with the release in... read more |
| |
|
|
| What do JP Morgan, Nike, Samsung, Adidas, PricewaterhouseCoopers, Coca-Cola, and Disney have in common? They have all opened shops in the Metaverse. Once only a place for gamers with big headsets, the Metaverse is projected to be an $800 billion marketplace by 2024. 74% ...read more |
| |
|
|
| The property insurance community has divided into two camps after the firestorm that erupted over the potential financial rating downgrades for 17 Florida insurance carriers. One camp argues that the Demotech rating firm has gone too far, has lumped healthy insurers in with those teetering on the edge of failure, and has used inconsistent criteria... read more |
| |
|
|
| A majority of independent insurance agents (53 percent) are expecting a significant increase in online commercial insurance buyers over the next three years, according to a survey from Semsee, a platform for small commercial quoting, and TrustedChoice.com, a digital marketing platform for independent agents and brokers. The new study of independent agents focused on the... read more |
| |
|
|
| During an quarterly earnings call yesterday, the leader of RenaissanceRe discussed drivers of company's third straight double-digit operating ROE result, its resilience to inflation and recession risk, and also gave an assessment of vendor catastrophe models. "Our scientists and engineers at RenRe Risk Sciences believe that the commercially available models do not properly reflect climate... read more |
| |
|
|
| Chubb Ltd. late Tuesday said second-quarter net income was about $1.22 billion, falling more than 46 percent from $2.27 billion in net income logged during the same period a year ago. The insurer said it lost $565 million after tax on private and public equities and from the sale of fixed income securities during the... read more |
| |
|
|
| Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18 percent higher than the 21st century average of $33 billion, driven by persistent severe convective storm (SCS) events, according to Aon in its latest catastrophe report. SCS events in the U.S. and Europe alone accounted for... read more |
| |
|
| |
| | |
|
| With all the technology available today, "going digital" might sound easy. But ...
read more | |
|
|
| AI underwriting is here: Are you ready? What do you think of when you think of ...
read more | |
|
|
| When every employee has a software robot to help with mundane tasks, it frees ...
read more | |
|
|
| Based upon Utica First's own implementation experience, VP of Operations, ...
read more | |
|
|
| The Property and Casualty (P&C) insurance industry is being dramatically ...
read more | |
|
| |
|
