Markets
Research, Repeat and Reuse: Specialty Carriers’ Unique Toolset for Product Innovation
"The industry really does look to specialty writers to be at the forefront of innovation," says Gail McGiffin. Specialty insurance carriers have a unique "toolset" that helps them grow through ...
Hurricane Dorian Causing at Least $25B in Insured Losses; U.S. East Coast Prepares
The U.S. East Coast from Florida to the Carolinas was bracing for devastating winds and a life-threatening storm surge from Hurricane Dorian as the Category 3 storm wreaks havoc on the Bahamas. ...
Taking the Digital Route to Lower Commercial Auto Losses
It's an unfortunate truth that commercial automobile insurance hasn't been a profitable line of business for years. According to industry reports, even though commercial auto rates increased for 31 ...
Executives On The Move at Liberty Mutual and Crawford & Co.
A division of Liberty Mutual Insurance announced a major promotion. Crawford & Company said that its president, UK & Ireland will be retiring, and his replacement has been named.
Millennials Win the Prize at Multitasking
Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people ...
Insurers Help Design Luxury Properties to Tame Disaster Losses
Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. So Gendelman, who runs an ...
European Insurers Are Having a Tough Time
European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies' exposure to Asia are making ...
Hurricane Dorian Gains Strength as Florida Braces for Impact
Hurricane Dorian is expected to suck powerful fuel from the warm waters off the Florida coast, swelling into a dangerous Category 4 storm in the coming days before it slams into the state early next ...
Auto Tech Annoys Drivers; Some Turn ADAS Features Off
Alerts from new driver assist systems can be so annoying that some motorists are turning the features off, according to a new survey. The 2019 J.D. Power Tech Experience Index study also found that ...