August 10, 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.

    . .

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

    . .

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

    . .

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

  • COMMERCIAL RISK
    . .

    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

    . .

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

    . .

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

    . .

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

    . .

    “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

    . .

    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 (page 3)

COMMERCIAL RISK

“Risk managers can never buy enough insurance” to cover human error

By WRIN.tv News Desk
Mar 23, 2015
in :  COMMERCIAL RISK, Data/Tech/Modeling, EMERGING TRENDS, FEATURED, P&C, Recent Stories
Cathrine-Duffey,-XL

WRIN.tv speaks with Catherine Duffy, an SVP with XL Insurance (Bermuda), during the IRMI Energy Risk and Insurance Conference about emerging risks in the oil and gas industry. According to Ms. Duffy, the greatest threats to oil and gas companies “stem from the decrease in oil prices…which is creating talent scarcity and talent retention issues.“ The energy industry is letting …

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Juries make unsympathetic audiences for insurers during litigation, according to Covington & Burling partner

By WRIN.tv News Desk
Mar 18, 2015
in :  COMMERCIAL RISK, FEATURED, P&C, Recent Stories
David Goodwin, Covington & Vita

WRIN.tv speaks with David Goodwin, a partner at the law firm of Covington & Burling, about trends in insurance litigation, during the 2015 IRMI Energy Risk and Insurance Conference.  Mr. Goodwin says insurance companies are afraid of litigation because juries do not like insurance companies  “…when an insurance company is in front of a jury, they know that they are …

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Mixed Outlook for U.S. Property/Casualty Industry – A.M. Best

By WRIN.tv News Desk
Mar 17, 2015
in :  COMMERCIAL RISK, Homeowner/Renter/Auto, Markets, P&C, Recent Stories
Anthony-Diodato-A.M. Best

There is a mixed outlook for the U.S. Property and Casualty industry according to A.M. Best. While the industry as a whole is on its second straight year to a strong performance competitive pressure and emerging risks could impact insurers bottom lines. Here, Group Vice President Anthony Diodato discusses the reasons for concern for the U.S. Property and Casualty Industry …

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National Insurance Crime Bureau on workers comp and medical fraud, cybercrime, vehicle and cargo theft

By WRIN.tv News Desk
Jan 29, 2015
in :  COMMERCIAL RISK, FEATURED, P&C, Recent Stories
Roger Morris, NICB

World Risk and Insurance News speaks with Roger Morris from the National Insurance Crime Bureau about developments in workers camp fraud, cybercrime, auto theft and medical fraud.  Among the hot topics he discusses: “Malingering” driving up workers comp fraud in the U.S. Insurance Industry wants NICB to get more involved in cybercrime Vehicle theft is down, though non-traditional theft is …

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A.M. Best explains “Negative” outlook for Commercial Lines

By admin
Jan 20, 2015
in :  COMMERCIAL RISK, Markets, P&C
Andrew-Colannino A.M. Best

In a recent edition of A.M. Best’s First Monday series, Andrew Colannino, Vice President of the Property/Casualty Ratings Division, discusses the rationale for the Commercial Lines segment received a negative rating. According to Mr. Colannino, “…there is a slight deficiency in terms of the loss reserves”…(and) with the low interest rate environment, inflationary loss costs, and increased competition, companies have …

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J.D. Power/RIMS study focuses on what makes risk managers satisfied

By admin
Jan 8, 2015
in :  COMMERCIAL RISK, Corporate Risk Management/ERM, Working in Risk & Insurance
Tim Bebout

J.D. Power and RIMS surveyed over 1,000 risk professionals from large commercial insurance customers to assess key performance indicators (KPIs) and best practices that have the biggest impact on customer satisfaction.  Here, Tim Bebout, Commercial Insurance Practice Leader at J.D. Power, talks about the survey and its results. Mr. Bebout says this study is done “from the point of view …

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Issues D&O underwriters need to know when evaluating a life science company – EVP at RT ProExec

By admin
Jan 7, 2015
in :  Agents/Brokers/Consultants, COMMERCIAL RISK, FEATURED, Specialty Lines
Kevin LaCroix

In this edition of the D&O & Life Sciences series, sponsored by RT Specialty Group, host Michael Garofalo, SVP in the National Life Science Practice at RT Specialty, welcomes Kevin LaCroix, an Executive Vice President at RT ProExec, a division of RT Specialty.  The topic is D&O issues for life science companies. “Life Science companies are vulnerable to securities litigation,” …

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Carnegie Mellon CyLab study on cyber governance among major corporations.

By admin
Mar 8, 2012
in :  COMMERCIAL RISK, P&C
Carnegie Mellon CyLab

A Carnegie Mellon CyLab study, sponsored by RSA, a leading security, risk and compliance management solutions firm,

Read More
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