Travelers’ Drone Program Is Changing the Way Its Claims Reps Do Business May 11, 2017 By Elizabeth Blosfield Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use...
Insurance Regulators Exploring Ways to Protect Consumers in Age of Big Data May 11, 2017 By Joseph S. Harrington, CPCU, ARP The incorporation of “Big Data” from Internet-based sources is a defining feature of underwriting and rating in today’s property/casualty insurance...
‘Poaching’ Suits Like Aon v. Alliant: Nothing Personal, Just Routine Business May 11, 2017 By Don Jergler An ongoing legal battle between two large national insurance brokerage firms over employee poaching is a byproduct of a hazard...
How AIG Woes Hurt U.S. Commercial Lines Results: Fitch May 10, 2017 While U.S. commercial lines insurance had been a relatively bright spot among property/casualty insurers, the sector is facing some clear...
Everest Launches Cyber Protection for Private Equity Firms, Portfolio Companies May 10, 2017 Everest Insurance has collaborated with cybersecurity firm, Soteria, LLC, and its group of former U.S. government cyber security experts, in...
CEO Pusey to Leave Insurer Trade Group AIA for Eli Lilly May 10, 2017 The American Insurance Association (AIA) announced today that President and CEO Leigh Ann Pusey will be stepping down on June...
High-Profile Cyber Attacks Drive Growth of Cyber Crime Insurance May 10, 2017 By Oliver Suess For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping...
U.S. Weather Remains Biggest Driver of Global Insurance Losses in 2017: Aon May 10, 2017 Severe weather in the U.S. remains the largest contributor to global insurance losses in 2017 after April continued the trend...
Greenberg’s Starr to Appeal AIG Bailout Case to Supreme Court May 10, 2017 By Jonathan Stempel A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc....
How Judging Moral Character Is a Matter of Principle, Not Good Deeds May 10, 2017 People may instinctively know right from wrong, but determining if someone has good moral character is not a black and...