Content from Susanne Sclafane
At The Right Price, Berkshire Will Write Pandemic Cover, Buffett Says
The chairman of Berkshire Hathaway said that while his insurance units aren't heavily exposed to underwriting losses from the COVID-19 pandemic, they would be willing to insure pandemics in the ...
Analysts Tally Workers Comp Cost of Assuming On-The-Job Exposure to COVID-19
While the potential cost of relaxing a tenet of the workers compensation system to deal with extraordinary circumstances of COVID-19 could top $50 billion, it's more likely to be one-fifth of that, ...
Travelers CEO Sounds Alarm: Lawyers Could Slow COVID Recovery
During an earnings conference call yesterday, the leader of Travelers insurance alerted listeners to the possibility that frivolous lawsuits by plaintiffs lawyers could slow down the economic ...
Dealing With Rapid Change: Bradford Examines Risk Management in 2020
Insurance and risk professionals know there are new risks emerging they need to address, but a related development isn't always appreciated, an industry veteran suggests. "The fact that things are ...
Editor’s Letter: Leading When the World Restarts
There's a section of Carrier Management's May/June 2020 edition focused on new ways to manage risk at a time of accelerating change. The topic was appropriately conceived by our guest editor, David ...
Pre-COVID, Cybersecurity Tops Insurer Ranking of Dangerous Risks
When Willis Towers Watson asked more than 100 insurance industry executives to select what they thought would be the most dangerous risks to impact their businesses in the coming year, they ranked ...
Top Tech Mistakes for Insurers; Fixing What’s Not Broken Leads the List
Property/casualty insurance carriers embarking on massive projects because "the system is too old" are making one of the most common technology mistakes in the industry, according to an executive of ...
P/C Innovation Leaders Scarce, AM Best Finds; Reinsurers Reign
In an initial test of its new innovation assessment scores, AM Best found that only 1 percent of rated property/casualty insurers merit scores high enough to categorize them as innovation leaders, ...