Claims & Reserving
Parametric Insurance Fills Gaps Where Traditional Insurance Falls Short
Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to ...
It’s Not Over: Social Inflation Will Be Around for Some Time
Social inflation has become the industry's most talked about subject in recent quarters. The frequency and severity of tort claims has increased, and insurers have had to add to prior-year reserves ...
Balance Sheets at Risk? What’s Next for Workers Comp Insurers
Although workers compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing and loss reserve levels for ...
FBI Cyber Warning: Some TVs Too Smart, and Other CM Risk Alerts
A recent FBI warning says smart TVs could leave users vulnerable to cyber criminals. Deepfakes may soon become impossible to detect. Drug-resistant superbugs may be teaching each other how to fight ...
Beyond RPA: Why Insurers Need to Catch the IPA Wave
The insurance business is fueled by documents—contracts, policies, appraisals, claims, proposals, compliance requirements, customer service logs and more. These pieces of content make up over 80-85 ...
What Is the ‘Next Opioids’ and What Will It Mean for Casualty Insurance?
Opioids litigation, with over 2,000 cases brought by state and local governments against dozens of defendants including opioids manufacturers, retailers and distributors, is being closely watched by ...
Insurers Challenged by ‘New Normal’ of Calif. Wildfires: A.M. Best
The 2019 California wildfire season has not been as active as the record-breaking 2017-2018 seasons, but A.M. Best warns that a "new normal" trend of severe wildfires continues to challenge insurers, ...
What Do Power Outages, Wildfires and Vaping Bans Have in Common?
Power outages, wildfires and vaping bans do not appear similar at all, but in the rush to protect consumers and constituents from harm, companies and state legislators may be creating an entirely ...