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Latest Target in Florida Claims: Cast Iron Drainpipes
A decade ago, it was questionable sinkhole damages that proliferated in Florida property insurance claims. More recently, "free roof" solicitations, roof claims and thousands of lawsuits have rattled ...
CEO Viewpoint: The Rising Value of Flexibility in Life, Work and AI
Innovation calls upon us to challenge existing paradigms. Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We've had to ...
Key Performance Indicators Guide MFA Implementation
Multifactor authentication (MFA) is going to happen in the insurance industry. The question is if it will be easy or painful for carriers and their agency partners. The good news is, with a little ...
The Hidden Impact of COVID-19 on Auto Rate Adequacy
The market for auto insurance is experiencing significant change. In addition to adapting to a virtual operational environment and other uncertainties that emerged from the COVID-19 pandemic, auto ...
Telematics: Adoption and Success Strategies for Insurance Carriers
Many property/casualty insurance carriers have adopted telematics to tackle some of the most pressing challenges related to efficiency and safety. This adoption is generating tremendous data. In ...
Becoming Truly Digital
Becoming truly digital is going to be a long, arduous, zigzag, stop-and-go journey for all companies involved with insurance commerce regardless of their role in the insurance ecosystem. Insurance ...
Actuaries vs. Underwriters: Behavioral Scientist Explains the Age-Old Battle
When a cognitive bias expert gave the keynote address at a Casualty Actuarial Society meeting in May, he called actuaries the unsung heroes and heroines of their property/casualty insurance ...
Insurers Brace for SEC Climate Risk Disclosure Rules
For U.S. property/casualty insurance carriers, the landmark proposal by the U.S. Securities and Exchange Commission (SEC) on the disclosure of climate-related risks and greenhouse gas emissions (GHG) ...