Technology & Analytics
Workers’ Compensation Results Improved in 2012: A.M. Best
The workers' compensation industry's results improved in 2012. Premiums grew for the second straight year, the combined ratio improved, and claims frequency declined at a faster rate than severity ...
Typhoon Fuels Call for Rich Nations to Compensate Poor for Global Warming Losses
The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones for climate-related losses, a proposal the U.S. and European ...
Aging Core Systems Not Making the Grade: IGO Carrier Research
A new survey of P/C and group life carriers revealed that more than 50 percent cite legacy systems as the top core system challenge, followed by integration and scalability/flexibility issues. ...
PLUS Conference: Albright, Cohen on Global Risk, Governance and Hypocrisy
America's European allies are being hypocritical in their complaints about the U.S. spying on them because they all have their own surveillance programs, according to two former top officials in the ...
82% of P/C Insurers Using Predictive Analytics: Earnix/ISO Research
A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as many as 82 percent responding that they use ...
P/C Insurance CFOs Cite Interest Rates As Top Concern
Chief financial officers with leading North American property/casualty insurers rank interest rates as their top concern, above catastrophes and pricing. Eighty-one percent list interest rates as ...
U.S. Releases Draft of Voluntary Corporate Cybersecurity Standards
A U.S. bureau on Tuesday unveiled a draft of voluntary standards that companies can adopt to boost cybersecurity - part of an attempt to protect critical industries without setting restrictive and ...
Flooding and Flood Models Explained: Karen Clark Reviews the Basics
There are multiple types of flooding that can cause significant property damage and losses to insurance companies.. One is the flooding associated with storm surge from hurricanes. Hurricanes can ...