Underwriting & Pricing
Hiscox to Offer Cyber Deception Coverage
Hiscox has announced that it will offer a new cyber deception coverage as part of its executive risks suite of insurance coverages. Cyber deception occurs when criminals intentionally mislead company ...
Hudson Insurance Acquires Surety Business Portfolio
Hudson Insurance Group has acquired the underwriting operations of Surety Partners of America, Northeast. As part of the transaction, Michael Blount and James Balzan will join the team at Hudson ...
Sunlight Drives Away the Shadows: The Value of Open Source
In its 20-plus years, catastrophe risk modeling had developed nearly insurmountable barriers to alternative views of risk. Except for the largest companies, insurers and reinsurers have had little ...
RiskInsight Model Tools Explained
In her article, "Why Open Platforms are the Logical Next Step for Catastrophe Risk Models," risk expert Karen Clark explains that an open platform starts with "reference" models for combinations of ...
Why Open Platforms Are the Logical Next Step for Catastrophe Risk Models
The first generation of catastrophe modeling technology, based on proprietary "black box" models produced by a few vendors, is 25 years old. It's now generally known that despite significant ...
Top 25 D&O Insurers Show Healthy Growth: SNL
Direct premiums written for the directors and officers liability insurance industry grew 7.35 percent year over year in the first half of 2014, rising to $2.91 billion, according to an SNL Financial ...
WCRI Study Looks at California’s Workers Comp Reforms
When California Senate Bill 863 took effect Jan. 1, 2013, it created several fee schedule changes in the California workers compensation system. The Workers Compensation Research Institute released a ...
Lessons of a Risk Modeler: RMS CEO Hemant Shah
Not many CEOs are willing to talk publicly about their biggest misfires and what they learn from them. Hemant Shah did not hesitate when confronted with the question. The co-founder and CEO of ...