Claims & Reserving
Industry Shocker: Reserves Still Adequate
Although analysts at Conning didn't actually use the word "shocked" in their latest report on the property/casualty industry's loss reserve position, the title of the report—and the image on the ...
New Hurricane Season Begins as Houston Continues Rebuilding From the Last One
In an empty lot where Vincent Shields' Houston home once stood, he points out properties whose owners were driven out after Hurricane Harvey inundated the region last summer. "On this street there's ...
‘007 Couldn’t Speed Up AIG Fix; Capital No Longer Ratings Differentiator: S&P
Even if James Bond were American International Group's chief executive instead of Brian Duperreault, he couldn't orchestrate a quick enough turnaround to prompt S&P to change the outlook on the ...
U.S. Commercial Lines Could Produce Small Underwriting Profit in 2018: Fitch Ratings
After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new ...
How Data Analytics Can Enhance the Customer’s Claim Experience
Claims form the core of the relationship between insurance companies and their customers. Every claim is an opportunity for insurers to demonstrate their value, strengthen customer loyalty and boost ...
How to Identify and Overcome Bias in a Predictive Model
This is the first in a series of articles by Valen Analytics looking at the hurdles that insurers must overcome to effectively implement and gain value from data analytics programs. Becoming a ...
Commercial Property Insurance Rate Hikes Easing From Early Spikes: Willis Towers Watson
Commercial property insurance rate increases are easing off initial spikes following 2017's record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on ...
Uber Self-Driving Car Fatality: Daughter of Victim Settles, Other Family Retain Lawyer
More family members of a woman killed by an Uber Technologies Inc self-driving vehicle have hired legal counsel, indicating the ride services firm's legal problems may not be over in the first ...