News
Without Consumer Trust, Insurers Could Lose Out to Tech Companies
A future in which technology companies have access to online consumer data and data from the Internet of Things while insurers are shut out could emerge if insurers don't earn the trust of consumers. ...
Pinnacle Teaming Up With Carfax on Data Analytics Group for Auto Insurers
Pinnacle Actuarial Resources has teamed up with Carfax Banking & Insurance Group to deliver actionable, data-driven insights to automobile insurance carriers, the two said in a statement last ...
Former Citizens CRO Rollins to Lead New P/C Team for Milliman in Tampa
Milliman Inc., a global consulting and actuarial firm, has added a property and casualty team to its Tampa, Fla., office in response to the growing demand for the firm's property insurance analytics. ...
Data Misuse by Cambridge Analytica Not A Breach, Facebook Says
Facebook Inc. wants you to know: this wasn't a breach. Yes, Cambridge Analytica, the data-analysis firm that helped U.S. President Donald Trump win the 2016 election, violated rules when it obtained ...
Actuarial Career Popular For Grads But Mid-Level Talent Gap Snowballing
Although insurers are finding it a little easier to recruit candidates for actuarial positions than insurance technology jobs in 2018, "the actuarial arena is set to reach a breaking point in terms ...
Median Pay for Berkshire Employees $53.5K; Just Over Half Buffett Pay
Berkshire Hathaway said on Friday that its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him ...
Trump Tax Cuts Could Solidify U.S. as Most Active Insurance M&A Region: Clyde & Co.
The U.S. has regained its position as the most active region for M&A activity in the global insurance industry, and the Trump tax cuts could boost that activity even further, according to a ...
2017 Securities Class Action Settlement Dollars Were the Lowest Since 2008: Cornerstone
Total settlement dollars from securities class actions fell dramatically in 2017, even as the number of settlements remained steady. According to a new report by Cornerstone Research, Securities ...