Underwriting & Pricing
Too Much Tech, More Lawyers Fuel Auto Insurance Woes: Hartford Execs
Although small commercial insurance—outside of auto—is a top-line accelerator at The Hartford, auto insurance severity continues hitting the bottom line, say executives who expect a pretax $50 ...
Sharing Economy, New Technology Pose Challenges for Insurers
Emerging risks associated with the sharing economy and new technology pose new challenges for insurers, according to members of the International Association of Claim Professionals (IACP) who sat ...
CFA’s Hunter Reacts in Actuarial Battle: Allstate’s Plan Is Price Optimization
Carrier Management recently published an article in three parts by James Lynch, chief actuary and vice president of Research and Information Services at the Insurance Information Institute, based ...
The Latest Launches From USAA, QBE North America, XL Catlin and The Hanover
USAA has added new features to its digital wallet app. QBE has partnered with SUA Agency to offer professional liability coverage to mortgage specialists. XL Catlin has enhanced its D&O offering ...
The Latest Launches From Philadelphia Insurance, CFC Underwriting and Elephant Auto Insurance
Philadelphia Insurance Cos. has enhanced its fine arts coverage for museums and other cultural institutions. CFC Underwriting is offering a new kidnap & ransom product. Elephant Auto Insurance is ...
How Will Rising Okla. Earthquake Risks Shake Up the Insurance Market?
The magnitude 5.0 earthquake that struck near the oil and gas storage hub of Cushing, Okla., on Nov. 6 put the nation on alert to the vulnerability of the country's oil reserves to the significant ...
Life-Saving Tech Not Yet Standard on Most Cars
Computerized sensors that warn drivers they're about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, ...
Drone Makers Shift to Commercial Uses as Consumer Market Crashes
The fledgling drone industry is in the throes of change as weak consumer demand and falling prices drive startups to shift their focus to specialized business applications. 3D Robotics, an early ...