Industry News
Top Corporate Risks: Allianz Risk Barometer 2015
Business interruption and supply chain risk, natural catastrophes, and fire/explosion top the list of company risks in 2015, according to the fourth annual Allianz Risk Barometer, which surveyed more ...
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
Executive Ed for Managers Coming in March; The Institutes, U.Va. Darden Team Up
The Institutes is partnering with the University of Virginia's Darden School of Business again this year to offer an Executive Education program designed for senior-level managers in the ...
MetLife Suing Over FSOC Designation
MetLife Inc. on Tuesday sued U.S. regulators over a decision to subject the insurer to tougher oversight because it harbors enough risk to endanger the financial system if the next crisis hits. The ...
PartnerRe Asia Launching
PartnerRe Ltd. announced last week that Partner Reinsurance Asia Pte. Ltd. ("PartnerRe Asia") a wholly owned subsidiary of PartnerRe Ltd. has been licensed by the Monetary Authority of Singapore ...
How States Rate on Insurance Regulation, ‘A’ to ‘F’
Vermont gets a grade of "A+" and California and North Carolina get grades of "F" in the annual report card on state insurance regulation issued by the free market think tank, The R Street Institute. ...
Survey: Millennials Most Interested in Pay-As-You-Drive Insurance
Pay-as-you-drive insurance programs are highly touted as one of the next big things in the industry. But the market has so-far resisted quick adoption of the coverage, which would involve having a ...
It’s Official: President Signs TRIA Reauthorization Into Law
President Barack Obama has signed into law H.R. 26, The Terrorism Risk Insurance Program Reauthorization Act of 2015, Property Casualty Insurers Association of America reported yesterday, calling the ...