Underwriting & Pricing
Dummies Lead Challenging Lives
Crash test dummies at the Insurance Institute for Highway Safety have their own home. They "live" in what is known as the "dummy calibration room," a bright industrial space containing whole ...
MGU SageSure: A Tech Company Dressed Up in an Insurance Company
While InsurTech carriers selling personal lines insurance see software licensing deals as new avenues to growth, a technology company operating in the special niche of catastrophe-exposed property ...
How Insurance Executives Can Harness the Power of Behavioral Economics
Property/casualty insurers, whether they know it or not, are well-schooled in behavioral economics. We used to intuitively understand business success was about customer relationships and driving a ...
Nationwide Teaming Up With Toyota on New Insurance Program
Nationwide is teaming up with Toyota Insurance Management Solutions (TIMS), Toyota's exclusive independent insurance agency for North America, to launch TIMS BrightDrive, a Toyota insurance ...
Kingdollar Comments: Emerging Risk Issues Left Out of Algorithms
Emerging issues occur far more frequently than "black swans" and include more than just "casualty catastrophes." Still, such issues have, and will continue to, cost the property/casualty insurance ...
Majority of Smart Home Device Owners Willing to Share Data With Insurers—for a Discount
While privacy remains a concern, 78 percent of smart home device owners are open to sharing their data with their insurer to assist in policy pricing, but most (65 percent) would only do so if ...
Extreme Weather: Building Resilience for Rising Risks
The insurance industry has a responsibility to assume a "leadership role in creating and promoting resilience as the first line of defense" against natural disasters, an industry leader said ...
How Pay-Per-Mile Insurance Is Evolving
As automakers race to develop and test autonomous vehicles for longer and more complex trips, insurers offering unique types of auto insurance coverage aren't worrying about disruption. Dan Preston, ...
Can Violations of the California Consumer Privacy Act Be Insured?
The California Consumer Privacy Act of 2018 (CCPA) took effect on Jan. 1, 2020, and compliance departments across the United States now have some work to do. This is especially ...