Claims & Reserving
Nuclear Verdicts: What P/C Carriers Need to Know
To mitigate the explosion of nuclear jury verdicts—which topped billions of dollars last year—insurance companies need to take a stand to meaningfully impact the U.S. tort system. The most ...
Pandemic Response Sparks Product Liability, Other Concerns: Risk Alerts
Efforts by automakers to help manufacture medical equipment raise product liability and intellectual property concerns. An app that tracks where you have been and who you have crossed paths with ...
COVID-19: On Disrupted Loss Reserve Diagonals and Lengthening Tails
It's axiomatic to assert that the coronavirus has changed everything both personally and professionally. Going forward, it'll be our aim at Assured Research to strike a balance. No one, of course, ...
Flood Insurance Is an Opportunity, Not a Liability
Insurers are gun-shy about writing flood policies, and who can blame them? With faulty prediction models, seemingly ever-changing target flood zones and a track record of unpredictable claims, many ...
Specialty P/C Insurers More Likely to See Business Interruption Losses: Analyst
The original property/casualty insurance industry reaction that business interruption losses may be modest may have been too optimistic, according to a leading insurance analyst. KBW's Meyer Shields ...
Restaurant Suit Tests Business Interruption Insurance for Coronavirus Shutdowns
A restaurant in the heart of the New Orleans tourism district filed a lawsuit on Monday asking a state judge for a declaratory judgment that its business interruption policy will cover its damages if ...
Using Behavioral Economics to Improve P/C Insurance Outcomes
The sensors in your house track your habits and convey them to your insurer, who underwrites your homeowners policy. A customer signs an "honesty pledge" and then reports a claim to the insurer. ...
How Silence May Impact Commercial Insurers on COVID Cover
Silence may be deadly for property/casualty insurers writing commercial insurance, an executive of an InsurTech that specializes in analyzing insurance policy language suggested recently, explaining ...