Underwriting & Pricing
Auto Insurance Becoming More Affordable
Personal auto insurance has become more affordable over the last three decades for all income groups, according to a new report from the Insurance Research Council (IRC). The average U.S. consumer ...
Progressive Insurance CEO Renwick Sounds off on Big Insurance Trends
By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view "it's ...
XL Group Acquires Insurer of Amusement Parks, Fairs and Festivals
XL Group Plc will buy up Allied International Holdings, a U.S.-based outdoor entertainment specialty insurer focused on liability coverage for clients who run amusement parks, fireworks, fairs and ...
‘B’ Is for Behavioral: What Big Data Means for Insurance
Big data is one of the signature issues of our time—and also one of the more poorly understood. Discussions of the topic often are clouded by what I call the "two dogmas of big data." The first is ...
Objects In Mirror May Be Closer Than They Appear
I have a CD player in my relatively new luxury sports sedan. It plays five—or maybe six—CDs so I can be surrounded by music I choose and like all through even a reasonably long journey. Or maybe ...
Global Insurance Forum Rewind: Underwriters Lead Industry Renaissance, McGavick Says
There is a renaissance happening in the property/casualty insurance industry, and underwriters are at the forefront of the shift back to relevance, according to the leader of XL Catlin. Michael ...
Clinical Trials and Insurance: Carriers Adapt to Unique, Evolving Demands
Clinical trial liability insurance has been around for more than two decades. But as the development and testing of new drugs has gone global, risks in the sector are growing and also becoming more ...
AIR Worldwide Updates Earthquake Models for South America
Catastrophe risk modeler AIR Worldwide announced that it has updated its earthquake models for South America to include liquefaction and tsunami risks, as well as to enable the analysis of high-value ...