The Art and Science of Underwriting in an Era of Evolving Risk

Insurance underwriters are seemingly pulled in many directions today as risks quickly evolve, from extreme weather events to changes in the legal and regulatory landscape ...

California Wildfires Dwindle as Premiums Surge

In their 1999 paean to California, the Red Hot Chili Peppers sang that "Destruction leads to a very rough road, but it also breeds creation." The rock band was referring ...

5 Emerging Risks to Watch: ‘Evil Digital Twins,’ Climate Change, ‘Forever Chemicals’ in Tap Water

In this edition of Risk Alerts, Carrier Management highlights "evil digital twins," climate risks, "subsurface heat islands" and the presence of PFAS in U.S. tap ...

Emerging Risks: Could Obesity Lawsuits Become a Major Liability Event?

Public health problems often have the potential to lead to severe and systemic liability losses. This was the case in the massive asbestos and tobacco litigation events ...

Social Media Investigations: A Winning Strategy for Insurers

Understanding the Real Impact of Wildfire Smoke

During the week of June 5, the Northeast United States found itself coated in orange smoke and smog stemming from the ongoing wildfires in eastern Canada. It was an ...

Insurers Have Their Say

California's growing availability crisis is poised to get worse unless changes to ratemaking beyond the introduction of forward-looking catastrophe modeling take ...

Safer From Wildfires

Commissioner Lara's new regulation, California Code of Regulations Section 2644.9. Consideration of Mitigation Factors; Wildfire Risk Models, effective Oct. 14, 2022, ...

Are Winds of Change Blowing on California Insurance Law?

It would be wrong to assume that California regulators and lawmakers are only now starting to ponder what to do about a potential insurance crisis in the wildfire-prone ...

Claims Pros Warned About Confirmation Bias and Inflated Line Items