Claims & Reserving
IACP Conference Report: Claims Has to Up Its Game to Attract New Hires
With the expected exodus of thousands of skilled claims professionals within the next few years, concern is growing among insurers about how to best address the need for experienced claims employees. ...
Intelligent Claims Outsourcing: 3 Skill Sets Required
In 2013, a cluster of tornadoes struck Moore, Okla., in the most damaging lineup since Joplin, Mo., two years prior. Meanwhile, in Cincinnati, a 1905 Tiffany Studios Daffodil lampshade fetched a ...
Workers Comp Rates Priciest in Calif. and N.J., Lowest in N.D.
California and New Jersey had the nation's most expensive workers compensation rates, while North Dakota had the lowest rates in the nation, a new report shows. A report released this week by the ...
Hurricane Matthew Damage Won’t Harm Most Insurer Ratings: A.M. Best
A.M. Best does not anticipate a significant number of rating actions related to Hurricane Matthew, as most rated insurance carriers have sufficient capital and appropriate reinsurance programs in ...
Fla.’s Hurricane Matthew Damage Claims Already Over $218M
Property damage caused by Hurricane Matthew has spawned over $218 million in insurance claims so far in Florida, according to state officials, much less than the multibillion-dollar toll initially ...
September’s Tropical Storms Cost More Than $4B in Economic Losses: Aon Benfield
Tropical storms cost the global economy $4.2 billion in September, according to the latest Global Catastrophe Recap report from Aon Benfield's Impact Forecasting. Hurricane Hermine became the first ...
Cyber Risk and the Threat of the Unknown
As new technology is developed and digital applications are rapidly becoming more prevalent, cybersecurity continues to be an evolving risk and a potential loss area for insurance companies. The ...
RMS Keeping an Eye on Hurricane Matthew
Catastrophe risk modeler RMS is keeping an eye on Hurricane Matthew, one of the most powerful North Atlantic hurricanes in recent history. Matthew, which briefly reached Category 5 strength on Oct. ...