Underwriting & Pricing
Praedicat Launches Cloud-based Casualty Model; Mines Data from Published Science
Praedicat, the world's first liability catastrophe modeling company, announced the launch of its flagship software product, CoMeta on Tuesday. CoMeta delivers commercially-relevant analytics for ...
‘The Mask’ Revealed; Researchers Find Cyber Spies Targeting Govt. Agencies, Energy Cos .
A computer security software firm has uncovered what it calls the first cyber espionage campaign believed to be started by a Spanish-speaking country, targeting government agencies, energy companies ...
Early California Wildfire Season Could Be Unprecedented
California's worst drought in decades is feeding what may become a devastating wildfire season, one that is starting about five months early. Extremely dry conditions have sparked 487 wildfires so ...
Towers Watson Releases UBI Auto Insurance Model
Towers Watson has launched DriveAbility 2.0 Score, an analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific ...
FIO Chief McRaith Dismisses State v. Fed Debate as ‘Relic’
The state versus federal oversight discussion is a "binary debate" that is a relic of a bygone era, the director of the Federal Insurance Office told lawmakers at a Congressional hearing Tuesday. FIO ...
No Disclosure of Lawmakers’ Own Crop Insurance Payments in Farm Bill
Crop insurers successfully lobbied to keep several proposals out of the farm bill set to pass the U.S. Congress today -- such as a requirement that would have forced farmer-lawmakers to disclose ...
U.S. Could Require ‘Talking’ Cars By 2017
U.S. regulators are crafting a rule that would require all new vehicles to be able to "talk" to one another using wireless technology, which the Department of Transportation said would significantly ...
3 Ways FIO’s Report Could Impact Core Insurance Functions and Management
In its report, How to Modernize and Improve the System of Insurance Regulation in the United States (Modernization Report), the Federal Insurance Office (FIO) concluded that a combination of reforms ...