Underwriting
Five Myths About Predictive Analytics You Can’t Afford to Believe
Predictive analytics has a relatively long history in the P/C insurance industry. From the early 1990s, when early adopters began to use predictive modeling for rating and underwriting, to more ...NY Comptroller Urges Brownfields Cleanup Overhaul
New York's comptroller has called for an overhaul of state programs for restoring thousands of abandoned and contaminated industrial and commercial sites after the state spent nearly $1 billion to ...Rocket That Will Carry Cargo Ship Test Launched
A company contracted by NASA to deliver supplies to the International Space Station successfully launched a rocket on Sunday in a test of its ability to send a cargo ship aloft. About 10 minutes ...
Fitch Commercial Lines Analysis: Workers’ Comp Weak; Med Prof Deteriorating
Accident-year loss ratios for all major commercial insurance lines except medical professional liability insurance improved in 2012, but none of them produced an accident-year underwriting profit ...
Using Big Data To Improve Homeowners Insurance Products
There is no doubt that so-called Big Data is changing the way many companies do business. The volume of information being generated by web activity is growing exponentially and the technology has ...
Upcoming Cat Model Change, Capital Markets Pressuring Prop-Cat Rates, Execs Say
As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...
Florida Workers’ Compensation Ruling’s Pricetag: $65 Million
A Florida court's ruling that the state's 104-week limit on injured workers' temporary benefits is unconstitutional could increase costs by $65 million, says the workers' compensation industry's ...
What to Expect In Commercial Insurance Claims, Prices for Remainder of 2013: Willis
Although a recent broker report on property/casualty pricing expectations puts some commercial casualty hikes into double-digit territory this year, the overall message of Willis' 2013 Marketplace ...