Underwriting & Pricing
Insurance Salesman By Choice: PHLY’s Robert O’Leary
For Robert O'Leary, the new CEO of Philadelphia Insurance Company, the days when he peeled himself out of the driver's seat of an unairconditioned car to sell casualty insurance policies around ...
Using Big Data To Improve Homeowners Insurance Products
There is no doubt that so-called Big Data is changing the way many companies do business. The volume of information being generated by web activity is growing exponentially and the technology has ...
Upcoming Cat Model Change, Capital Markets Pressuring Prop-Cat Rates, Execs Say
As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...
Florida Workers’ Compensation Ruling’s Pricetag: $65 Million
A Florida court's ruling that the state's 104-week limit on injured workers' temporary benefits is unconstitutional could increase costs by $65 million, says the workers' compensation industry's ...
What to Expect In Commercial Insurance Claims, Prices for Remainder of 2013: Willis
Although a recent broker report on property/casualty pricing expectations puts some commercial casualty hikes into double-digit territory this year, the overall message of Willis' 2013 Marketplace ...
P/C Insurers on Good Pricing, Underwriting Track: Conning
With 2012 preliminary results showing improvement in profitability in the sector, the property/casualty insurance industry should see continued strong net premium growth and a substantially improved ...
Will HUD’s Disparate Impact Rule Have Say in Ratemaking?
Despite the McCarran-Ferguson Act, which reserved the regulation of the "business of insurance" to the states, the Department of Housing and Urban Development (HUD) has given itself the ability to ...
Above-Average Hurricane Season Predicted: 72% Chance Of East Coast Landfall
The Colorado State University team is predicting an above-average 2013 Atlantic basin hurricane season with 18 named storms and a 72 percent chance one will make landfall somewhere along the entire ...