Susanne Sclafane, Author at Carrier Management

Level 5—Full Self-Driving Vehicles—’Will Never Exist,’ Researcher Says

When you're driving your car, do you ever look through the rear window to make sure there's nothing behind it in harm's way? Now that many cars are equipped with backup cameras, looking back is a ...

‘Hard But More Manageable’ Jan. 1 Renewals; Little Relief on Retentions

The hard reinsurance market in property-catastrophe reinsurance isn't coming to an end at Jan. 1, 2024, but reinsurers are likely to deploy more of their capacity next year, broker executives said ...

When Will the Hard Reinsurance Market End?

Higher retentions on property-catastrophe reinsurance programs are here to stay going into next year's renewals, reinsurance brokers predicted recently.

Related ...

Wait ‘Til 2025: The Hartford Won’t See Auto Profit Next Year

Even after putting through 20 percent rate hikes over the course of this year, The Hartford needs another round of similar magnitude next year, the insurance company's leader said recently. The ...

After Countrywide Pause, InsurTech Hippo Slowly Reemerging Next Week

A profitability problem that would have otherwise taken InsurTech Hippo half a year to correct is on the mend after just 30 days, the chief executive officer said at an investor conference Thursday. ...

Grid-by-Grid: How One Tech Firm Dissects California Wildfire Risk to Sell Insurance and Reinsurance

There is general consensus among insurance and reinsurance underwriters about the safest property risks to accept in the California market, according to the co-founder of ...

Evacuation Policies and Cat Strips: Wildfire Insurance and Reinsurance Ideas That Failed

Sometimes, it takes a few tries to develop the right insurance or reinsurance product—one that will align well with the needs and wants of customers.

The Long Tail: Aftermath of Disaster

While I was doing research for this edition, I came across these paragraphs, written by one of the leaders of a technology company, recalling a previous role he had ...

Hard Market Game Refuses to End: Arch Capital CEO

Drawing analogies to an epic tennis match and the hands of a clock, the leader of Bermuda-based Arch Capital declared the current hard market one of the longest the P/C industry has ever experienced. ...

Barring Change, Allstate May Exit California Property Market Completely

The topic of a recent California insurance department workshop was the potential use of catastrophe modeling in ratemaking, but carrier representatives and consumers took ...