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Manmade Threats Growing
Manmade threats are becoming increasingly significant, bringing potentially huge losses to cities, which could present a major risk to the world's future global and economic growth, according to ...
File Splitting: Handling Claims When Coverage Is Unclear
The duty to defend and indemnify a policyholder is an important promise an insurer agrees to in an insurance policy. Though coverage may be clear cut in many claims, others may require additional ...
How to Build Your Own Catastrophe Model
Given the complexity of catastrophe models, at first it might seem impossible for you to build your own. This was certainly the case 10-20 years ago. But technology has changed since the ...
What Might a ‘Cyber Andrew’ Look Like?
Every component of the world's public and private infrastructure is subject to the risk of a cyber attack. Companies today face loss of or damage to digital assets; theft of funds; security and ...
Measuring Risk in the Cyber World
Cyber risk is a hot topic in the insurance industry today. Technological innovation and connectivity have fundamentally revolutionized the world we live in and promise new transformations in the ...
How Can We Be Friends? Reducing Friction Between Claims and Hired Counsel
Just like the old adage that oil and water don't mix, sometimes adjusters and their hired counsel don't see eye to eye. Whatever the cause, when adjusters and counsel don't get along, claims files ...
Catastrophe Compensation: An Industrywide View
We're moving through hurricane season, and once again it's been a quiet catastrophe year. Thirty-one events have led to insured losses of only $11.2 billion across 39 states and two Canadian ...
Lawyers’ Perspective: Unclaimed Property Actions, Cyber Blackmail Ranked Among Insurance Issues to Watch
From time to time, insurance executives ask our firm what issues are likely to impact the insurance industry in the near future. Below are several emerging issues we believe are likely to have an ...