Underwriting & Pricing
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster
Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a rollercoaster. He says that after several years of ...
Loss Reserving and Pricing in a Time of Inflation
Inflation and the threat of a recession are a reality not to be ignored. The combined effects of the Ukraine conflict and post-COVID supply chain disruption resulted in ...
The Infrastructure Crisis: As Business Losses Mount, New Demand for Utility Coverage?
When aging water pumps in Jackson, Miss., were shut down by floodwaters last August, knocking out water service to most of the city, companies that depend on clean water ...
Insurance Groundhogs Have Their Day: Some Primary Prices Need to Go Higher
Sure, it's nice to know whether Spring is around the corner or more than a month away, but what about insurance market conditions? How long will a hard market last in many lines? Are insurance prices ...
Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices
While executives of Tesla said the car maker's insurance business isn't yet big enough to warrant separate financial disclosure of its results, Chief Executive Officer Elon Musk reiterated a benefit ...
Is the Broken Florida Homeowners Insurance Market Finally Fixed?
Between 2017 and 2022, 11 property and casualty insurers writing mainly homeowners insurance in Florida, where they were domiciled, were declared insolvent and placed in ...
State Farm Will Start Hiking Auto Rates, Allstate CEO Predicts
Allstate's chief executive officer said his company will likely continue pushing for auto insurance rate hikes next year, and he expects the carrier's largest mutual competitor—State Farm—to move ...
Small Biz Commercial Underwriting Needs Real-Time Data, Transparency: NeuralMetrics CEO
Name, address, and email or website.
Those are the bits of information that InsurTech data provider NeuralMetrics needs to deliver a ...
Avoiding the Black Box: How to Apply Machine Learning to Actuarial Pricing
Applying machine learning to pricing and actuarial workflows is becoming easier due to advances in technology and increasingly accessible platforms. These complex ...