Underwriting & Pricing
The Trademark Problem: Casualty Insurance’s Dirty Little Secret
It has always been surprising to me that trademark issues receive so little attention in the insurance community. It's almost as if trademark claims are the dirty little secret of casualty insurance, ...
Five Myths About Predictive Analytics You Can’t Afford to Believe
Predictive analytics has a relatively long history in the P/C insurance industry. From the early 1990s, when early adopters began to use predictive modeling for rating and underwriting, to more ...
Fitch Commercial Lines Analysis: Workers’ Comp Weak; Med Prof Deteriorating
Accident-year loss ratios for all major commercial insurance lines except medical professional liability insurance improved in 2012, but none of them produced an accident-year underwriting profit ...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 ...