Underwriting & Pricing
Gen Re’s Sciolla on Innovation
This article is part of our insurance innovators interview series. Berto Sciolla, EVP and Manager of North American Treaty Reinsurance, Gen Re Q1: In your view, what has been the greatest innovation ...
PwC’s Rao on Innovation
This article is part of our insurance innovators interview series. Anand Rao, Principal, PwC U.S. Advisory Practice Q1: In your view, what has been the greatest innovation in the P/C insurance ...
XL Catlin’s McGavick on Innovation
This article is part of our insurance innovators interview series. Mike McGavick, Chief Executive Officer, XL Catlin Q1: In your view, what has been the greatest innovation in the P/C insurance ...
Allstate to Offer Ride for Hire Policy
Allstate will start insuring drivers who pick up passengers through ride-hailing apps like Uber and Lyft. The insurer said Wednesday that the Ride for Hire policy will cost $15 to $20 a year on ...
Florida Insurance Still Pricey Despite Storm-Free Seasons
Living in a (semi)-tropical paradise has a price—and apparently, not even going nine years without a major hurricane strike will change that. While Florida's property insurance market has ...
Florida Insurers in ‘Rock Solid’ Shape as Hurricane Season Opens
The 2015 Atlantic hurricane season opens on Monday, and a combination of a forecast for fewer-than-average storms and the highest level ever of financial resources on hand in Florida to pay claims ...
Commercial Lines Market Headed For Profit Deterioration
Commercial lines insurance underwriters in the United States have generated two consecutive years of significant underwriting profits. However, market sentiment has turned less favorable recently as ...
Florida Coast Developers Can’t Resist Building
Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state's coastal communities have added an additional 1.5 million ...