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Berkshire Hathaway Direct: ‘Challenging the Normal’ With Three Pages
For most property/casualty actuaries, routine parts of the job involve finding comfort with insurance pricing levels and claims trends, grounded in a thorough understanding of the parameters of ...
Introducing THREE
An outline of the state of Nebraska making up part of the logo hints at the presence of Berkshire Hathaway's strength behind a collection of commercial insurance coverages included in a single policy ...
Big Benefits and Quick Wins: Sharing the Value of Claims Analytics
Big data and analytics are combining to profoundly alter one of the most manual processes in the insurance industry: claims management. Simple algorithms can ferret out evidence of claims leakage, ...
What Boeing Can Teach Us About Supply Chain Disruptions
As weather-related events pile up with the same alarming frequency as auto collisions on New York's Belt Parkway and Long Island Expressway, I find myself counting supply chain disruptions when I ...
AXA XL’s McGavick Looks Ahead to ‘The Golden Age of Insurance’
Mike McGavick's turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. "First, cost has got to come down. It's absurd that approximately 60 ...
The New Roadside Imperative for Insurers
Roadside assistance programs have never been more important. As the auto insurance industry becomes increasingly competitive—there was a record low number of new shoppers in 2018, according to a ...
Marijuana Is Legal; Now What? Workers Comp Carriers Prepare for Claims Ahead
There's no doubt marijuana is having a moment, with several states having passed legislation legalizing it for both medical and recreational use. Media focus has centered on the drug's benefits, but ...What Are Schedule I Drugs?
According to the U.S. Drug Enforcement Administration, "Schedule I drugs, substances or chemicals are defined as drugs with no currently accepted medical use and a high potential for abuse." Examples ...