Claims & Reserving
Insurers Increasingly Concerned for Western U.S. Wildfire Season
As Western wildfires force evacuations in Arizona and California — on the heels of an early and severe wildfire season in New Mexico — insurers are increasingly eyeing the growing risks. ...
Insurers, Self-Insureds Now Facing $9B in Black-Lung Liabilities, Milliman Says
The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurer and self-insured companies' liabilities for black-lung occupational disease claims have ...
Tech Arms Race Favors Giant Commercial Carriers
Midway through a recent interview, the leader of a key business at The Hartford paused to ask a question relevant to executives at carriers that don't have 11-digit premium volumes or capital levels ...
Weather’s Unwanted Guest: Nasty La Nina Keeps Showing Up
Something weird is up with La Nina, the natural but potent weather event linked to more drought and wildfires in the western United States and more Atlantic hurricanes. It's becoming the nation's ...
North Atlantic Hurricane Season Begins With Ripe Conditions for Above-Average Activity
As the North Atlantic hurricane season officially begins, forecasters continue to predict above-average storm activity. The forecast for 2022 North Atlantic hurricane activity is 18 named storms, ...Video: How One Tech Startup Is Getting Roofs Repaired Faster
Why do residential property claims drag on for months, leaving homeowners waiting for needed repairs? One reason: contractors don't have incentives to move repairs forward quickly. And often, ...
Forecasters Predict 7th Straight Above-Normal Hurricane Season
The Atlantic hurricane season is poised to deliver another round of above-normal storms for the seventh consecutive year, the National Oceanic and Atmospheric Administration (NOAA) said on Tuesday. ...
Average Age of U.S. Cars Hits Record 12.2 Years in Fifth Straight Annual Increase
Cars on U.S. roads are as old as they've ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies. The age of light vehicles domestically is ...