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Parametric Insurance Takes Off

Now that property and casualty insurance coverage terms for business disruption losses are gradually tightening, a singular insurance product used primarily to protect businesses against ...

Liability Long Tail Could Get Longer

One of the most challenging things about liability insurance is that claims on this year's policy might be made well into the future. If exposure to a chemical, product or business activity this year ...

Happy National Insurance Awareness Day

Has it really been a year since we last celebrated National Insurance Awareness Day? To properly celebrate the holiday, I have included a few words of appreciation about my favorite industry. Thanks ...

Little Things Come up Big in a Relationship

On May 6, New York Yankees starting pitcher C.C. Sabathia was struggling to maintain an early innings lead against the Seattle Mariners. Sabathia, who has declared his intention to retire at the end ...

AI Can Transform How Carriers Handle Car Crashes

Crashing your car is a traumatic experience enough in itself, so it is unfortunate for drivers that dealing with their insurance company after the accident can be a lengthy process that often adds ...

Is the IoT the Future of Workers Comp?

Internet of Things capabilities, already familiar to insurers from personal lines applications like auto telematics, are emerging in the workers compensation space through purpose-built monitoring ...

Executives On The Move at AIG and Its Blackboard Insurance Division

American International Group hired an executive to fill the new position of Global Head of Shared Services. AIG's Blackboard Insurance hired someone to be its new head of Growth and Underwriting.