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Ranking U.S. Insurers: How They Score on ESG Performance
For the past several years, environmental, social and governance (ESG) factors have figured prominently in the investment decisions of institutional investors, pension funds and shareholders. The ...
Allyship: How to Keep the Momentum Going Beyond the Headlines
We all need allies—and nowhere is that more true than in the cut and thrust of the workplace. A workplace ally is an individual who is not a member of an underrepresented group but who takes action ...
New Capital Unlikely to Immediately Soften Rates: Vantage Risk CEO
Greg Hendrick, the CEO and co-founder of the new reinsurance and insurance company Vantage Risk isn't too concerned about the new capital that has been pouring into the market this year, and its ...
The Climate Factor: Why 100 Years of Data Is Not Enough for Cat Models
Catastrophe models are designed to help risk managers in different industries understand the probability of occurrence of extreme events, typically for the next several years. But the time horizon ...
COVIDigation Part 3: What’s the Deal With Business Interruption Claims?
Well, 2020 is almost over. Am I right? Following up on previous work exploring the relationships between COVID-19 and business interruption insurance litigation, in this article we evaluate trends ...
Despite InsurTech Successes, IT Modernization Faces Many Obstacles
If you just read the headlines, you'd think the Golden Age of technological integration has arrived in our industry. After all, less than six months ago, Lemonade—the app that boasts the ability to ...
How to Avoid Bad Faith Damages in COVID First-Party Property Lawsuits
As observed from the numerous COVID-19 first-party property cases that have already been filed, insureds are claiming insurers have denied their business interruption claims in bad faith. Whether the ...
Partnerships or Acquisitions? How Carriers Can Speed Their Digital Evolutions
While most carriers have embarked on the digital innovation journey, the results have been mixed. Although personal insurance carriers have made more headway over the past several years, the ...