Innovation
Free Work Entices Businesses to Hire Long-Term Unemployed
After conducting almost 10,000 job interviews during 10 years as a human resources manager, Tom Kaminski says he thought he knew enough about the labor market to keep his own bout of unemployment ...
Third Point Re Investors Betting on Loeb, Smart Underwriting
Investors in Third Point Reinsurance Ltd.'s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They're also taking on risk from an unprofitable underwriting operation. ...
Hiscox USA CEO Sees Revenue Growth From Building Brand And Workforce
When Ben Walter took the helm of Hiscox USA last year, he didn't have decades of underwriting experience on his résumé, nor did he have the intention of recruiting teams of specialty underwriters ...
Progressive ‘Body Punching’ Way to Greater Acceptance of Snapshot Product
Progressive Corp., the fourth-largest U.S. auto insurer, is searching for the right message to attract customers to a product that tracks a person's driving to set rates, Chief Executive Officer ...
Managing, Not Excluding, New Risks Key To Long-Term P/C Growth: Actuaries
Property/casualty insurers must learn how to manage new risks like nanotechnology, not just exclude them, if they want to survive and grow long-term, according to speakers at the spring meeting of ...
Are Insurers Finally Ready To Embrace Intellectual Property Insurance?
The small yet complicated niche of patent and intellectual property insurance has seen more interest lately as patent claims rise and companies look to protect their ideas or company trade secrets ...
Keeping Up With Emerging Risks Remains A Struggle For P/C Carriers
The property/casualty insurance industry depends on lots of data to develop products and price them, making the coverage of new risks a significant challenge for underwriters, a London specialist ...
U.S. Energy Sector At Risk From Climate Change: DOE Report
Rising temperatures and sea levels will profoundly impact the U.S. energy sector in coming years, the U.S. Department of Energy said in a report released on Thursday that outlined the need to ...