Claims & Reserving
‘Average’ Hurricane Season More Active Going Forward, and More Risk Alerts
The "average" Atlantic hurricane season will be a little more active going forward. The National Oceanic and Atmospheric Administration (NOAA) has updated its definition of an "average" Atlantic ...
Tech Startups Bringing the Power of Applied Analytics to Potential Plaintiffs
Lee Fogle reached down to save his 12-lb. Yorkshire terrier, Nemo, as a pit bull lunged forward. The attacking dog's jaws clamped onto his left hand, sending him to a clinic for sutures and starting ...
How to Lower Legal Expenses, Improve Litigation Outcomes With Analytics
Defending lawsuits and managing trials is a major focus area and expense category for insurers—whether they are defending insureds against liability claims or defending themselves in coverage and ...
Pandemic Risk: Finding the Opportunity in Liability
Liability insurers frequently use exclusions to help address emerging risks that are viewed as unpredictable, intractable and potentially very large. It comes as no surprise, then, that the emergence ...
Scientists Detect 55 New Environmental Chemicals in Humans: Risk Alerts
Scientists have detected 55 new environmental chemicals in humans—including some with unknown sources and uses. By 2030, more than 60 countries could see their credit ratings cut due to climate ...
How Geospatial Analytics Are Helping Workers Comp Insurers During COVID-19
Even the most experienced insurance companies could not have prepared for COVID-19, leaving portfolios riddled with uncertainty for an indeterminate time. Perhaps no line of business has felt the ...
Risk Alerts: Toxic Baby Food and Endless Summers
Several popular baby food manufacturers are under fire for selling products containing toxic heavy metals. Climate change could be impacting seasonal lengths—leading to crop loss and environmental ...
Intelligent Automation in Loss Reserving: Why Actuaries Need Help From Robot Analysts
Among the many things that have changed how the actuarial field functions is an underlying movement to automate. By integrating cognitive computing capabilities into their actuarial processes, ...