Features
How Insurers Are Using AI to Manage Rising Catastrophic and Accumulation Risk
The insurance and reinsurance industry is facing a sustained increase in catastrophic and location‑based risks from extreme weather and natural catastrophes to political violence, terrorism and ...
Legal Analysis: Insurer Subrogation Rights Under Scrutiny
Two recent court decisions have addressed the issue of subrogation rights of insurance companies against upstream or downstream vendors that experience a data security breach: Axis Insurance Company ...
Business Interruption Claims Arising From the Middle East Conflict
The current conflict in the Middle East has been as disruptive commercially as it has been geopolitically. Many businesses operating in the region are suffering from a combination of sharp demand ...
How Leaders Can Maintain Humanity in the Modern Insurance Era
As artificial intelligence and automation become faster and more precise, insurance industry leaders are finding that the differentiator isn't just better technology but how the people behind the ...
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI
The world's largest insurance brokers recently found themselves caught in an "AI scare trade" after news that Tuio home insurance would soon be available via ChatGPT. Shares fell sharply, as ...
Analysis: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk
It's been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article that the state's homeowners insurance market ...
AI for the Defense: Should Insurers or Law Firms Pay?
The idea that AI tools can help plaintiffs' lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to Carrier Management readers. Nor ...
Executive Viewpoint: Why Insurers Are Struggling to Keep Pace With Risk
Insurers have built an industry around models that are inherently stable. You assess risk over time, price it in cycles and adjust it with a degree of predictability. That model is under strain, not ...