Underwriting & Pricing
Karen Clark & Co.’s New Tool Creates Realistic Hurricane Footprints, Tailored Loss Estimates
Just in time for the 2013 hurricane season, Karen Clark & Co. (KCC), a catastrophe risk and modeling firm, has released a scientific tool for creating hurricane tracks and wind speeds. Named ...
Florida Catastrophe Fund Stronger As Storm Season Nears
Florida is heading into a new storm season with some good news for once. The state-created fund that backs up private insurers in Florida is in the best financial shape it has been in years — maybe ...
Workers’ Compensation Results Looking Better: NCCI
The workers' compensation market is seeing encouraging signs. Premiums grew for the second consecutive year, the combined ratio declined and claim frequency continued to improve at a pace slightly ...
The New Age Of Technology: 3-D Printing
Earlier this year, scientists from Cornell University successfully created an artificial human ear by printing it on a 3-D printer. Created by squirting living cells into an injection mold, the ears ...
D&O Pricing Catching Up To Loss Trends: Fitch
Direct written premiums for the directors and officers liability insurance line rose 6.9 percent last year, according to a recent analysis by Fitch Ratings, which also shows that direct loss ratios ...
Catastrophe Modeler RMS Unveils New Platform
Late last week, RMS unveiled RMS(one), describing it as an "environment" that will allow insurance companies to manage all of their risk models, exposures and analytics on a single, open platform in ...
Cell Phone Distracted Driving Crashes Under-Reported
Large state-by-state variations in the number of reports of fatal auto crashes that involve cell phone use are just one indication that these cases of distracted driving are under-reported, the ...
How To Reverse Declines In Your Management Liability Portfolio
What do you do when your management liability portfolio isn't producing the same rate of return it has in the past? The returns on today's D&O and EPLI policies are diminishing and are actually ...