Claims & Reserving
How Humane Automation Leverages Claims Technology for Better Outcomes
Shortly after World War II, as the Ford Motor Company returned to making cars, one of its more innovative executives, Del Harder, mechanized entire segments of the production line with built-in, ...
U.S. Private Flood Insurance: The Journey to Build a New Market
Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for ...
Humberto Strengthens to Hurricane, Heads to Bermuda
Tropical storm Humberto has now intensified into the third Atlantic hurricane of 2019 with top sustained winds of 75 mph, according to Weather.com meteorologists in a report issued on Sept. 15.
Reith Will Step Down as Neon Group CEO, but Remain as Board Member
Neon, a Lloyd's specialist insurer, said that its Group CEO Martin Reith is stepping down from running the company. Reith will make the transition on Sept. 30, though he'll remain a member of the ...
Risk Alert: Is Water Making Us Fat?
Drinking water: a commodity so abundant in modern society that we rarely give it much thought. At least until recently with two dramatic discoveries. First, the discovery of lead-contaminated water ...
Insurance Linked Securities Hold Their Own in the Face of Cat Bond Losses: Aon Securities
Insurance linked securities are holding their own even as they have been slammed with robust catastrophe bond losses, a new Aon report has found, predicting that the sector will resume growth in ...
Hurricane Dorian Insured Caribbean Losses Could Reach $3B: AIR Worldwide
Hurricane Dorian's impact on the Caribbean will cause $1.5 billion to $3 billion in insured losses, according to an estimate from Verisk-owned catastrophe modeling firm AIR Worldwide. Modeled loss ...
Root and Lemonade: Real Unicorns or Ponies in Halloween Costumes?
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2019. In ancient times, it is believed that civilizations including the Romans, Indians and Egyptians had some form of "group protection" ...
Progressive Corp. Tops Commercial Auto Charts; Others Still Ailing: Fitch
The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report. In ...