Technology & Analytics
If X, Then Y and Other Mathematical Lies: Ritholtz Viewpoint
If you work in finance, you will invariably come across an example of single-variable analysis. Almost daily, we see terrible examples of this sort of analytic error, rife with logical weakness, yet ...
Model Could Lower Drought Costs for Growers
A University of Florida-created model may help growers plant at optimal times and avoid crop-destroying drought, which can cost millions of dollars in a given year, according to one of the tool's ...
American Family, Microsoft Team Up on Startup Accelerator; Ventures to Create Smarter Homes
On Tuesday, Microsoft Corp. and American Family Insurance announced they are launching a unique business accelerator for startups focused on home automation. The accelerator will help the next ...
Donan Launches DamageRecon for Hail Events
Donan, a forensic investigation firm, has expanded its service offerings to include severe weather data analytics with DamageRecon, a Web-based product that enables users to understand what really ...
Her-icanes Not More Deadly; Insurance Analysts Refute University Research
A recent study of hurricane names reveals some interesting information about gender stereotyping but doesn't support the conclusion that storms named after women are more deadly than those named ...
RMS Opens Fourth Asia-Pacific Office in Singapore
Catastrophe risk management firm RMS announced last week that it is expanding its Asia Pacific presence with a new Singapore office. The office, led by Paul Burgess, senior director of client ...
You Have Mail—and Storm Claims on Your Policies: BMS Launches Alerts
Incoming emails alerting carriers to weather claims on their policies are now automatically generated by BMS Group's iVision catastrophe risk management system, the intermediary announced earlier ...
Mining Underwriting Opportunities With CoMeta
Speaking during a session at the Advisen Casualty Insights conference in March, Robert Reville, the chief executive officer of Praedicat, noted that while all mass litigation, historically, has been ...