Claims & Reserving
NYC, Miami, Tampa, New Orleans Tops Among Storm-Surge Exposed Cities
New York, Miami, Tampa, and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge during hurricanes, according to a report released by CoreLogic, ...
Commercial Auto Recovery Uncertain Beyond 2022
Property/casualty insurers have proven resilient in the last two years amid the considerable challenges of the coronavirus pandemic. One unanticipated outcome in this period is sharp improvement in ...
Insurers Increasingly Concerned for Western U.S. Wildfire Season
As Western wildfires force evacuations in Arizona and California — on the heels of an early and severe wildfire season in New Mexico — insurers are increasingly eyeing the growing risks. ...
Insurers, Self-Insureds Now Facing $9B in Black-Lung Liabilities, Milliman Says
The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurer and self-insured companies' liabilities for black-lung occupational disease claims have ...
Tech Arms Race Favors Giant Commercial Carriers
Midway through a recent interview, the leader of a key business at The Hartford paused to ask a question relevant to executives at carriers that don't have 11-digit premium volumes or capital levels ...
Weather’s Unwanted Guest: Nasty La Nina Keeps Showing Up
Something weird is up with La Nina, the natural but potent weather event linked to more drought and wildfires in the western United States and more Atlantic hurricanes. It's becoming the nation's ...
North Atlantic Hurricane Season Begins With Ripe Conditions for Above-Average Activity
As the North Atlantic hurricane season officially begins, forecasters continue to predict above-average storm activity. The forecast for 2022 North Atlantic hurricane activity is 18 named storms, ...Video: How One Tech Startup Is Getting Roofs Repaired Faster
Why do residential property claims drag on for months, leaving homeowners waiting for needed repairs? One reason: contractors don't have incentives to move repairs forward quickly. And often, ...