Claims & Reserving
Motorist Behavior Needs More Study, PCI Says
In a statement praising automakers for committing to standardize automatic emergency braking by 2022, an executive from the Property Casualty Insurers Association of America urged more focus on ...
Insurance Discounts Ahead as U.S. Automakers Promise Crash-Avoidance Braking by 2022
The chief U.S. auto safety regulator defended a voluntary agreement with carmakers to add automatic braking systems, saying that making the change mandatory would take too much time. Under the terms ...
Florida’s Citizens Pushes Policy Changes to Address Rising Water-Loss Claims
Citizens Property Insurance Corp.'s board of governors has approved a slate of recommendations aimed at reducing the impact of what it calls skyrocketing water-loss claims that could reverse progress ...
The Disconnect Between Underwriting and Claims Handling Revisited
Almost three years ago, Carrier Management published an article titled "The Underwriting-Claims 'Disconnect' in Casualty Insurance: An ERM Issue?" The article reported on one of the sessions of ...
Data Quality and the Commercial Property Insurance Marketplace
Although big data and disruption have become hot topics in the language of market watchers and business leaders, in commercial property insurance, the quality of data is a paramount consideration of ...
The Disconnect Between Underwriting and Claims Handling: A Policyholder Perspective
I represent policyholders in coverage disputes with their insurers. I have been doing this for more than 30 years. I have handled asbestos, environmental, property loss, directors and officers, ...
The Three Ways Technology Can Transform Claims and Legal Expenses Into Valuable Assets
Innovation can be overwhelming for insurance company executives. However, the goal of innovation is much more attainable if you break it down into three opportunities: legal document automation, ...
QBE NA ‘Turns Corner’ With Best Combined Ratio Since 2011
With reports of significant reserve strengthening becoming a distant memory and reinsurance providing stability to underwriting results, QBE Group reported its best overall combined ratio result in ...