Underwriting & Pricing
Data Quality and the Commercial Property Insurance Marketplace
Although big data and disruption have become hot topics in the language of market watchers and business leaders, in commercial property insurance, the quality of data is a paramount consideration of ...
The Disconnect Between Underwriting and Claims Handling: A Policyholder Perspective
I represent policyholders in coverage disputes with their insurers. I have been doing this for more than 30 years. I have handled asbestos, environmental, property loss, directors and officers, ...
Commercial P/C Rates Down 4% in February: MarketScout
Commercial property/casualty rates in the U.S. dropped again in February, with the composite rate once again coming in at -4 percent, according to the newest market barometer from MarketScout. By ...
RLI to Offer Insurance for High-Performance Driver’s Education Events
Specialty insurer RLI Insurance Co. has launched a new product aimed at high-performance drivers, RLI Track Day. RLI Track Day is a single-event policy that provides personal vehicle insurance ...
BHSI Launches Professional First Asset Management Liability Policy in Asia
Berkshire Hathaway Specialty Insurance has launched the newest addition to its Professional First suite of professional liability products: Asset Management Liability Insurance, which provides ...
P/C Insurers See Wide Uses for Predictive Analytics: Willis Towers Watson
Property/casualty insurers plan to drastically widen their use of predictive analytics over the next two years to expand and grow their operations, a Willis Towers Watson survey has found. What's ...
First ‘Contextual’ Telematics Insurance Model Launching in U.S.
Last week, LexisNexis Risk Solutions announced a new telematics model, describing it as the first U.S. insurance model to apply geospatial context to driving events to better understand how drivers ...
RLI Launches Cyber Liability Unit
Specialty insurer RLI Insurance Co. has created a Cyber Liability unit through its Executive Products group. Underwriting directors Sean Scranton and Natasha Richard will lead the new unit, which ...