How ‘Exposure Data Tracking’ Is Taking Over Personal Lines Insurance May 12, 2017 By Joseph S. Harrington, CPCU, ARP Today’s insurers want to be there for their customers—literally. With sensors of various kinds in policyholders’ cars, homes and personal...
Experts Expect Simultaneous Cyber Attacks on Multiple Firms: Survey May 12, 2017 Nine in 10 global cyber security and risk experts believe that cyber risk is systemic and that simultaneous attacks on...
Global Temps Could Hit 1.5°C Target in 9 Years: Research May 11, 2017 By Don Jergler Believe it or not, the planet could be much warmer in the next few years, according to new research. The...
Bunker, Startup Broker for Small Business, Contractor Insurance, Raises $6 Million May 11, 2017 By Mark Hollmer Bunker, a startup digital insurance broker focused on independent contractors and small businesses, has raised $6 million in Series A...
AIG to Name Hamilton’s Duperreault as CEO: Wall Street Journal May 11, 2017 The Wall Street Journal is reporting that American International Group Inc. plans to name Brian Duperreault, founder and CEO of...
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...