Underwriting & Pricing
Is COVID Physical Damage? Plaintiffs Relying on Bacteria, Ammonia and Cat Urine Rulings
In 1963, congregants noticed a strange odor in the basement of the First Presbyterian Church in Littleton, Colo. Some suspected a gas leak or maybe spilled stationary ink. Others thought the smell ...
Managing a Pandemic: Are There Lessons From Catastrophe Modeling?
COVID-19 isn't the first and won't be the last pandemic to threaten the well-being of the global population, but it will likely turn out to be the worst in the last 100 years. It would be hard to ...
Michigan Judge Rejects Restaurants’ COVID-19 Business Interruption Claim
A trial court judge in Lansing, Mich., handed a victory to insurers in what may be the nation's first final ruling on the question of whether a property insurer is liable for financial damages caused ...
Autonomous Trucking Technology Is Here—Are Commercial Insurers Ready?
June 16, 2019, was a seemingly normal day on Florida's Turnpike in Orlando. Minivans were filled with families on their way to Disney; local Floridians were going about their daily routines. But ...
Aging U.S. Dams + Extreme Weather = Disaster: CM Risk Alerts
Experts fear that aging U.S. dams may not be able to handle the extreme weather events associated with climate change. Scientists warn that some U.S. coastal cities could experience daily flooding by ...
Maximizing the Value of ‘New Data’ in Commercial P/C Insurance
While there's a great deal of speculation surrounding the COVID-19 pandemic's immediate and longer-term effects on the insurance industry, one key trend is sure to stick: commercial P/C insurers will ...
Cyber Turned Inside-Out: Three Years After NotPetya
The NotPetya malware attack of June 2017 changed the future of cyber insurance and the way companies manage the risk. Initially believed to be a ransomware attack, NotPetya instead wiped data from ...
Apple Must Face Part of Suit Alleging Fraudulent Concealment of iPhone Demand
A federal judge said Apple Inc must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens of billions of dollars in shareholder ...