Features
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 unusual experience for those ...
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 hold. Carrier executives delivered ...
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, required those insurers that ...
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 state. A state of urgency has ...Maintain ITV in a volatile market with property-level insights
Maintaining insurance-to-value (ITV) remains challenging for property insurers in today's volatile market. Cost increases driven by post-pandemic inflation, recent catastrophes such as the Canadian ...
Claims Pros Warned About Confirmation Bias and Inflated Line Items
GARDEN GROVE, California—The charred remains of a dog found among the ruins of a house that was destroyed in a sudden fire added an air of legitimacy to the insurance claim. For sure, homeowners ...Discussing data culture in insurance
How mature data and analytics capabilities make more possible. Many insurers are only beginning their data journey, which is to say they almost certainly possess substantial troves of data, but not ...In a sluggish M&A landscape, MGAs remain attractive targets
With their robust financial performance, strong customer relationships, and best-in-class talent, many are still hunting for MGA acquisition opportunities The M&A downturn within the insurance ...