Claims & Reserving
Loss Reserve ‘Conservatism’ Will Shape the Pricing Cycle
According to our analysis of loss reserves published in mid-March, the year 2020 marked the 15th straight year that the U.S. property/casualty industry's loss reserves developed favorably—by about ...
Risk Alerts: Cyber Threats to Automated Electric Vehicles, U.S. Infrastructure
Automated electric vehicles exposed to cyber threats. Researchers from the University of Georgia have identified cybersecurity weaknesses that could threaten the safety of connected and automated ...
How Insurance Providers Can Use Technology to Help Employees Make Better Decisions
It's not news that digital transformation is changing the insurance business. Now companies are under more pressure to gain a better understanding of their content. We historically have managed ...
Six Tech Levers Driving Digital Transformation in the New Normal
With new variants of the virus emerging, it may seem a bit premature to anticipate the end of the COVID-19 pandemic, but many organizations are accelerating digital transformation initiatives that ...
How COVID Impacts Insurance in Unforeseen Ways
Having recently marked the one-year anniversary of the COVID-19 pandemic, it seems like an opportune time to consider how the pandemic has impacted the insurance industry. While business interruption ...
‘Average’ Hurricane Season More Active Going Forward, and More Risk Alerts
The "average" Atlantic hurricane season will be a little more active going forward. The National Oceanic and Atmospheric Administration (NOAA) has updated its definition of an "average" Atlantic ...
Tech Startups Bringing the Power of Applied Analytics to Potential Plaintiffs
Lee Fogle reached down to save his 12-lb. Yorkshire terrier, Nemo, as a pit bull lunged forward. The attacking dog's jaws clamped onto his left hand, sending him to a clinic for sutures and starting ...
How to Lower Legal Expenses, Improve Litigation Outcomes With Analytics
Defending lawsuits and managing trials is a major focus area and expense category for insurers—whether they are defending insureds against liability claims or defending themselves in coverage and ...