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Ranks of Quiet Quitters Climb as Layoffs Mount
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Coalition Launches Full-Stack Cyber Insurer
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AM Best Downgrades California Earthquake Authority Credit Ratings
Recession Early Warning: More Misleading Earnings Reports
Laid Off Tech Workers Are About to Get Help—From Allstate
Reinsurers Winning on Price, Not Coverage Restrictions: Guy Carpenter
What to Expect: 7 InsurTech Predictions for 2023
The Perfect Storm: How Insurers Can Weather a Talent, Skills Gap

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FTX Liability Tentacles Spread Far
Insurance’s Wildfire Crisis: Three Keys for Rethinking Risk, Response
How Did You Make Them Feel?
Five Lessons for Carriers to Launch Innovative Insurance Products

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AIR Worldwide News

KCC Estimates $1B in Insured Losses From Colorado Wildfire

Catastrophe modeling firm KCC estimates the insured loss from the recent Colorado wildfire could be $1 billion. With nearly 1,000 structures destroyed, KCC said the Marshall Fire is the most ...

Active 2021 Hurricane Season Revealed ‘Unsettling’ Trends: AIR Worldwide

The 2021 Atlantic hurricane season was the third most active on record and the sixth consecutive year of above-average hurricane activity. Still, the overall season was mostly in line with the ...

Global Average Annual Disaster Losses Could Surpass $200B in 10 Years: AIR Worldwide

The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a 40 percent chance of experiencing an annual loss of more than $200 billion in ...

AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25B

Insured losses to onshore property resulting from Hurricane Ida's winds and storm surge will range from $17 billion to $25 billion, according to estimates from modeling firm AIR Worldwide. AIR's ...

Insured Losses From Germany’s Flooding Could Reach $6B: AIR Worldwide

AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6 billion). Low pressure system "Bernd" parked itself ...

Women’s History Month: How Karen Clark Became a Model of Success

Like many people, Karen Clark's career was influenced by circumstances and serendipity rather than any advanced planning. When in graduate school she developed a love of building computer models, ...

Winter Storm Uri Will Produce ‘Billions of Dollars’ in Insured Losses: Moody’s

Snow, ice and some of the most frigid temperatures in decades in the southern United States will produce insured losses "in the billions of dollars," Moody's said in new commentary released on Feb. ...

Climate Change Will Boost Hurricane Losses 20 Percent or More by 2050: Research

By 2050, climate change-related weather events will have a meaningful impact on future hurricane losses, increasing them by 20% or more and in some cases doubling them, even without any increase in ...

Hurricane Laura Losses Could Have Been Worse, Modelers Agree

Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were ...

The Latest Launches From Markel, Coalition and AIR Worldwide

Markel Specialty is launching Risk Solution Services, its newly expanded loss control department. Coalition and Q6 Cyber will partner on a new initiative designed to enhance cyber underwriting. AIR ...
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News

  • U.S. and EU to Launch First-of-Its-Kind AI Agreement

  • Climate Disaster in Amazon Rainforest Could Cascade Across Earth, Study Finds

  • Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points

  • Ranks of Quiet Quitters Climb as Layoffs Mount

  • Coalition Launches Full-Stack Cyber Insurer

  • S&P Predicts Reinsurers Will Continue Pricing Momentum During 2023

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Contributors

Dan WoodsFive Lessons for Carriers to Launch Innovative Insurance ProductsMartha NotarasWhat to Expect: 7 InsurTech Predictions for 2023Oliver BrewCyber Insurance Themes to Look Out for in 2023Benjamin StearnsIs the Broken Florida Homeowners Insurance Market Finally Fixed?Jason KeckHow Automation Can Help Manage the Underwriting ProcessMike KeeganRealtor, Auto Dealer Partnerships Offer New Revenue Streams to P/C Insurers See Our Contributors

Features

  • FTX Liability Tentacles Spread Far

  • What to Expect: 7 InsurTech Predictions for 2023

  • Looking Ahead—and Back to the Beginning

  • CEO Reflections: Thoughts on Long-Term Leadership and My Career

  • How Automation Can Help Manage the Underwriting Process

  • Insurance’s Wildfire Crisis: Three Keys for Rethinking Risk, Response

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