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If liability insurers and defendants want to turn the tide of social inflation, they need to come together as teammates with a solid game plan, a reinsurance claims executive said recently. Agreeing ...
How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance professionals suggested recently, adding more ...
Having achieved unicorn status with a $1 billion valuation less than two years after its official October 2016 debut, InsurTech carrier Root Insurance Company may seem like an overnight success. The ...
To Alex Timm, CEO of Root Insurance Company, the auto insurance carrier's recent move into the renters insurance market seemed like a natural extension for its customer base given that 70 percent of ...
The Casualty Actuarial Society and the Society of Actuaries plan to explore a merger. Presidents of both societies announced that the CAS and SOA boards had agreed to pursue combining, with the idea ...
The advent of automated vehicles (AVs) has been variously described as a cultural watershed moment that will change society in deep and meaningful ways, or as an overhyped flavor of the day—and ...
Mobile broadband access—used as an indicator of the likelihood that drivers may be using mobile devices while driving—appears to have no impact on collision frequency, according to a recent ...
Concerns over price optimization are leading regulators to think carefully about the implications of longstanding practices in insurance rating, including premium "caps" on policy renewals for ...
RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS's case, the catastrophe modeling firm ...
Creating anything less than an online agency directly offering bindable insurance rates from a limited selection of carriers won't cut it for technology companies trying to disrupt insurance ...
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