Industry News
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Global commercial insurance prices increased 13 percent in the fourth quarter of 2021, a decline from the 15 percent increases seen in both the second and third quarters, according to Marsh's latest ...
AM Best Answers Questions as DUAE; MGA Assessments Go Live
It is not a credit rating. It will not impact an insurer's financial strength rating. Those were two of the answers that AM Best analysts delivered yesterday in various presentations about the rating ...
Executives on the Move at Munich Re US, Brit, GuideOne, NIA
Maura Haynes has been appointed head of Casualty at Munich Re US. She is now part of the Reinsurance Division's Executive Leadership Team reporting to Marcus Winter. Haynes joins Munich Re from SCOR, ...Duck Creek Invites Entries to First Ecosystem ‘Hatch-a-thon’
Duck Creek Technologies is calling for partners and customers to enter the company's first ecosystem hack-a-thon, aptly named "Duck Creek Hatch-a-thon." The event will occur during the company's user ...
Greenlight Re Innovations Gets Approval to Launch Lloyd’s Syndicate
Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received "in-principle" approval from Lloyd's to establish an InsurTech-focused syndicate. ...
Triple-I Partners With HBCU IMPACT to Recruit Black Talent Into Industry
The Insurance Information Institute (Triple-I) and the HBCU IMPACT Initiative have partnered for a career-building campaign aimed at recruiting students at historically Black colleges and ...
Predictive Analytics, AI Are Helping Insurers Fight Fraud
Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by ...
Risk Alerts: E-Bike Batteries, Underground Coal Fires, Tesla Hack
In early January, an e-bike's battery burst into flames while charging in a Bronx restaurant, starting a four-alarm fire that drew more than 150 first responders and left one firefighter seriously ...