June 29, 2022
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  • INDUSTRY NEWS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

    . .

    Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.

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    “Still Opportunities to Get Things Done Despite Dysfunctional US Government” – APCIA CEO

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    Innovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO

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    NY Insurers Face Challenges and Opportunities in Tech, Financial Literacy – NYIA

  • COMMERCIAL RISK
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    Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs

    . .

    Climate Change Affecting Insured Losses, but Hard to Quantify – Dr. Klotzbach, Colorado State University.

    . .

    Independent Agents See Growth Across All Lines, Despite Challenges – Big I CEO

    . .

    Technology and “Lookers” Enhance Claims Management process – Crawford COO

    . .

    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
    . .

    FL Commissioner Optimistic about Emerging Consumer Products/Services

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    New Revenues for Insurers Exist in Sharing Economy – Re-Sure CEO

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    Insurers need “sense of urgency” to improve claims and risk assessment process

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    “Amazoned” consumers present challenges & opportunities to personal lines insurers.

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    “Upstart Insurtechs” raising the bar in homeowners market – LexisNexis exec.

  • REINSURANCE/ILS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

    . .

    Robust Reinsurance Market Not Without its Challenges – RAA CEO.

    . .

    Customer Experience…a Modern Differentiator for Insurers – BMS Re CEO

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    US Reinsurance Market “Healthy” While Facing New Threats & Opportunities

    . .

    Reinsurance upgraded to “Stable” as A.M. Best cites possible “inflection point”

  • CAREERS/PROFESSIONAL DEVELOPMENT
    . .

    P&C Industry Gives $1B+/year to Charity…IICF on Women in Insurance & Millennial Summit

    . .

    St. Baldrick’s Carries on Tradition of Giving – NAMIC CEO

    . .

    Looking ahead…Automation, Robotics and AI could help fill “Talent Gap”

    . .

    Grow by Solving Society’s Problems…A.M. Best exec.

    . .

    Spencer Foundation fights “war for talent” with scholarships, grants and internships.

3 New Articles
  • Oct 12, 2020 Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets
  • Feb 6, 2020 Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs
  • Jan 29, 2020 Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.
Home COMMERCIAL RISK Auto/Marine/Aviation

Auto/Marine/Aviation

Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs

By WRIN.tv News Desk
Feb 6, 2020
in :  Auto/Marine/Aviation, COMMERCIAL RISK, Education/Certification, EMERGING TRENDS, FEATURED, Recent Stories, WRIN.tv Newswire

For the inland marine market, business is good…and emerging technology, new educational opportunities and growth in the construction market all point to a strong year ahead. In this AAIS Advisory Report, AAIS President and CEO Ed Kelly speaks with Kevin O’Brien, President & CEO of IMUA, as well as Rich Soja, the Global Head of Inland Marine at Allianz Global Corporate …

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“Trifecta of Disruptive Trends” hitting auto insurance market.

By WRIN.tv News Desk
Aug 15, 2017
in :  Auto/Marine/Aviation, CONSUMER RISK, Data/Tech/Modeling, EMERGING TRENDS, FEATURED, Homeowner/Renter/Auto

  Over the past decade, a steady flow of disruptive forces has impacted the personal auto insurance market, including telematics, the sharing economy and autonomous vehicles. AAIS Auto Product Manager Casey Brewer discusses how they are reshaping the Personal Auto insurance market, and myriad challenges and opportunities it creates for carriers.   Telematics programs provide insurers with access to vast amounts …

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Distracted Driving / Higher Repair Costs pushing auto premiums higher – III CEO.

By WRIN.tv News Desk
Apr 23, 2017
in :  Auto/Marine/Aviation, CONSUMER RISK, Data/Tech/Modeling, EMERGING TRENDS, FEATURED, Homeowner/Renter/Auto, Recent Stories, Working in Risk & Insurance, WRIN.tv Newswire

“We have disruption all over… (and) the insurance industry deals with it.” That, according to Sean Kevelighan, President and CEO of the Insurance Information Institute (III), who spoke at the recent AAIS Main event in Florida. He notes that the insurance industry is accustomed to dealing with natural and man-made catastrophes, even technology, which a major disruptor right now. Mr. …

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Criminals stay ahead of industry/technologies to boost healthcare fraud, auto/cargo theft.

By WRIN.tv News Desk
Mar 15, 2017
in :  Auto/Marine/Aviation, Claims Management, Health Insurance, Homeowner/Renter/Auto, P&C, Recent Stories, WRIN.tv Newswire

Healthcare fraud in the auto insurance industry is a focus of the National Insurance Crime Bureau (NICB). Roger Morris, Chief Communications Officer of the NICB, discusses schemes across the country that support fraud against the insurance industry, and an Aggregated Medical Data Base and Medical Fraud Task Forces set up by the NICB to combat major medical fraud. Mr. Morris …

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Drones…The emerging risks and risk management strategies.

By WRIN.tv News Desk
Feb 23, 2017
in :  Auto/Marine/Aviation, COMMERCIAL RISK, Corporate Risk Management/ERM, EMERGING TRENDS, Recent Stories, WRIN.tv Newswire

Lorie Masters, a Partner at Perkins Coie, looks at the risks associated with operating Unmanned Aerial Vehicles (UAVs) and drones, for operations and provides advice on ways to manage them. While still at the dawn in the use of UAVs, Ms. Coie sees several risks emerging from their use, including first-party risks associated with the cost of the drone, and …

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Even with deteriorating pricing/potential UW losses, Fitch does not see markets hardening in 2017.

By WRIN.tv News Desk
Nov 2, 2016
in :  Auto/Marine/Aviation, FEATURED, INDUSTRY NEWS, Markets, Recent Stories

Current stability and underwriting profits are giving way to growing loss trends, investment headwinds and deteriorating profits. Still, that will not be enough to harden insurance markets in 2017, according to Jim Auden, Managing Director & Head of U.S. Property & Casualty at Fitch Ratings The overall industry is “pretty stable” right now, as is Fitch’s ratings outlook. That stability …

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Top 3 Reinsurance Challenges & a “Game-Changer” in Auto – Munich Re America Chief Underwriting Officer

By WRIN.tv News Desk
Oct 26, 2016
in :  Auto/Marine/Aviation, EMERGING TRENDS, REINSURANCE/ILS
Martin Neuhaus | Munich Re America

The top three challenges facing reinsurance underwriters today are too much supply versus demand, new technology and data, and cyber risk. That, according to Martin Neuhaus, Chief Underwriting Officer of the Reinsurance Division at Munich Re America. Mr. Neuhaus says the oversupply of capital demands discipline from underwriters, and new technology and the amount of data now available require underwriters …

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“Comparison shopping is happening…and insurers need to play in it”

By WRIN.tv News Desk
Dec 1, 2015
in :  Auto/Marine/Aviation, CONSUMER RISK, Data/Tech/Modeling, Homeowner/Renter/Auto, Recent Stories

In this edition of ACORD Tech Talk, host Johnell Johnson speaks with Bolt Solutions CEO Eric Gewirtzman discusses the launch of Google Compare and how comparison shopping will affect the insurance industry. “Bolt Google Connect” enables insurers to quickly and easily participate in Google Compare, a comparison-shopping site that lets consumers compare rates from different insurance providers. Mr. Gewirtzman describes one …

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Inland Marine Industry thriving – IMUA President & CEO.

By WRIN.tv News Desk
Apr 14, 2015
in :  Auto/Marine/Aviation, COMMERCIAL RISK, Recent Stories
Kevin-Obrien-IMUA

Kevin O’Brien, President and CEO of the Inland Marine Underwriters Association (IMUA) discusses some of the major factors impacting inland marine including the economy and advances in technology “The inland marine industry is thriving.” said Mr. O’Brien “The commercial inland marine market has outperformed the property and casualty industry as a whole, by about 10 points and that trend seems …

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Insurers, Uber, and Lyft support law requiring insurance for ride-share companies

By WRIN.tv News Desk
Mar 31, 2015
in :  Auto/Marine/Aviation, Corporate Risk Management/ERM, EMERGING TRENDS, Legislation/Regulation, Recent Stories
TNC-Compromise-Bill-Uber-Lyft

An agreement between leading U.S. insurance providers and Transportation Network Companies, like Uber and Lyft would clarify how much ride-share services must insure drivers…anytime they are working. Ride-share companies have been criticized for gaps in their insurance coverage and cab drivers and local governments have sought regulations that would put companies like Uber and Lyft on a more level playing …

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WRIN.tv Week in Review: January 26-30, 2015

By WRIN.tv News Desk
Jan 30, 2015
in :  Auto/Marine/Aviation, EMERGING TRENDS, INDUSTRY NEWS, Legislation/Regulation, P&C, People, Recent Stories, Reinsurance Markets
Week In Review

Last week on WRIN.tv… Monday Morning Headlines from SNL Insurance featured President Obama  State of the Union The Department of Homeland Security and a cyber incident repository for insurance companies The New York Department of Financial Services and IT exam guidance for insurers The NAIC’s announced a new  chair for its International Insurance Relations Committee KKR’s deal to acquire QBE’s …

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College Football Stadiums Southern California Trojans – Los Angeles Coliseum

By 123@kjdfskl.net
May 31, 2013
in :  Auto/Marine/Aviation

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