Underwriting
Harvey Likely to Hike U.S. Flood Insurance Program Debt
The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a federal flood insurance program that is due to expire in September, ...
Round 2 of Hurricane Harvey Poised to Drive Up Economic Damage in Texas
As Harvey's winds die down, trouble for Texas may have just begun with forecasts for unprecedented flooding across the heart of U.S. energy production and in Houston, the nation's fourth-largest ...
Hurricane Harvey Isn’t Going Away as Rain, Flooding Linger: RMS
Hurricane Harvey is now a slow-moving tropical storm in coastal Texas. Beyond the initial storm damage itself, the historic flooding it is leaving behind will lead to equally significant economic and ...
Insurers Focus on Unconscious Bias to Improve Underwriting Results
Focusing on the reasons behind decision-making has prompted some insurers to question whether certain judgments affect underwriting decisions in a negative way. Morris "Mo" Tooker, head of Middle ...
Automated Car Safety Systems Working; Preventing Crashes: Studies
Safety systems to prevent cars from drifting into another lane or that warn drivers of vehicles in their blind spots are beginning to live up to their potential to reduce crashes significantly, ...
Lemonade’s New Insurance Policy Lets Customers Update Coverage Terms Themselves
Lemonade has come out with an insurance policy that lets consumers update their policies themselves in real time on the web, actions that are typically left to agents and brokers. Lemonade ...
Safe Driving Algorithm Project Begins Involving Sompo Japan, Accenture and a Japanese Cab Company
Sompo Japan Nipponkoa Insurance, Accenture and a Japanese cab company will work jointly to develop a deep learning algorithm designed to help better understand driving behavior and improve safety in ...
The Latest Launches From Ironshore and Beazley
Ironshore now has a team devoted to managing cyber claims across all of its product lines. Beazley debuted expanded protection meant to address schemes such as the kind where employees are illegally ...