January 16, 2021
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  • Home
  • 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

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    Robust Reinsurance Market Not Without its Challenges – RAA CEO.

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    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

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    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 FEATURED (page 5)

FEATURED

“Protect and Detect” against breaches to fight Cyber Risk – NAIC CEO Sen. Nelson

By WRIN.tv News Desk
Oct 8, 2015
in :  Captives/Risk Retention, Corporate Risk Management/ERM, EMERGING TRENDS, FEATURED, Legislation/Regulation, Recent Stories

NAIC CEO Senator Ben Nelson gave the keynote address at the NRRA Annual Conference in Chicago. Here, he discusses his participation in the meeting and how relations between NRRA and the NAIC could improve going forward. Senator Nelson was happy to participate in the meeting to help build a better understanding between NRRA and RRGs and the NAIC and State …

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RRG “Skin in the Game” Paying Off in Difficult Insurance Market

By WRIN.tv News Desk
Oct 7, 2015
in :  Captives/Risk Retention, Corporate Risk Management/ERM, FEATURED, Legislation/Regulation, Recent Stories

Joe Deems, Executive Director at the National Risk Retention Association (NRRA) joins WRIN.tv from the 2015 NRRA Conference in Chicago. Here, he outlines the challenges faced by Risk Retention Groups (RRGs) in the current market, hopes for a better dialogue between NRRA and the NAIC, and the value of gatherings like the NRRA Conference in improving RRG performance. Mr. Deems …

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While numbers dwindle, RRG future looks “rosy” as financials strengthen

By WRIN.tv News Desk
Sep 29, 2015
in :  Captives/Risk Retention, COMMERCIAL RISK, EMERGING TRENDS, FEATURED, P&C, Recent Stories

In this edition of “Issues in Risk Retention”, Jim Cutts, Editor and Publisher of The Risk Retention Reporter, joins host Joe Deems, Executive Director of the National Risk Retention Association (NRRA), for a discussion on the state of the Risk Retention Group (RRG) industry. Mr. Cutts notes that there were only ten new RRGs formed in 2014. He believes the …

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E&S carriers using fac reinsurance to manage “fringe” risk outside treaties.

By WRIN.tv News Desk
Sep 28, 2015
in :  FEATURED, Recent Stories, Reinsurance Markets, REINSURANCE/ILS

Steve Eilers, Manager of Gen Re’s L.A. operation, speaks with WRIN.tv about the property facultative reinsurance market, the tropical storm season and government insurance programs. He says market conditions in the property fac market are “competitive.” Mr. Eilers says Gen Re is seeing clients take more net in treaties, which is creating opportunities in the fac market. He sees ceding …

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NAIC CEO looks at Federal and international insurance regulation, ways to resolve RRG issues outside the courts.

By WRIN.tv News Desk
Sep 24, 2015
in :  Captives/Risk Retention, FEATURED, INDUSTRY NEWS, Legislation/Regulation, Recent Stories
Senator Ben Nelson

In part two of this edition of “Issues in Risk Retention”, host Joe Deems, Executive Director of the National Risk Retention Association (NRRA) continues his discussion with NAIC CEO Senator Ben Nelson. Here, he reviews the NAIC’s role in Federal and international insurance regulation, Captiva and RRG accreditation, and better ways to resolve RRG issues outside the Courts. Given the …

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Property insurers fear the “Big One” and “Death of a Thousand Cuts” – RPS National Property President

By WRIN.tv News Desk
Sep 23, 2015
in :  FEATURED, P&C, Recent Stories, Specialty Lines

Wes Robinson, National Property President at Risk Placement Services (RPS), discusses the state of the E&S property insurance market with WRIN.tv during the recent NAPSLO Convention. He says the market conditions in the surplus property market as “very soft.” For the past several years property rates have been declining. This past year saw significant declines, particularly in the catastrophe market. …

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Hi frequency/low severity of Nat Cats put cedents in driver’s seat

By WRIN.tv News Desk
Sep 23, 2015
in :  Claims Management, Data/Tech/Modeling, FEATURED, ILS & Capital Markets, Recent Stories, REINSURANCE/ILS

Joe Louwagie, AVP at Property Claim Services (PCS-a Verisk Analytics business), joins WRIN.tv to assess the 2015 Nat Cat season, its impact on the insurance, reinsurance and capital markets, and how developments in data management and technology are affecting risk and claims management. Mr. Louwagie says the current Cat season continues a trend PCS has seen for the past few …

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NAIC CEO Senator Nelson on regulating Captives as insurers, RRGs in and out of court, and more.

By WRIN.tv News Desk
Sep 22, 2015
in :  Captives/Risk Retention, FEATURED, INDUSTRY NEWS, Legislation/Regulation, Recent Stories
Senator Ben Nelson

In this edition of “Issues in Risk Retention”, NAIC CEO Senator Ben Nelson joins host Joe Deems, Executive Director of the National Risk Retention Association (NRRA). In part one of a two-part interview, Senator Nelson addresses regulatory issues related to Captives and Risk Retention Groups (RRGs), misinterpretations of the Liability Risk Retention Act (LRRA), and legislation that would expand the …

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Data and technology issues for insurers: cost, price optimization, innovation and new entrants like Google – AAIS CEO

By WRIN.tv News Desk
Sep 21, 2015
in :  Data/Tech/Modeling, EMERGING TRENDS, FEATURED, INDUSTRY NEWS, Recent Stories, Specialty Lines

Ed Kelly, President & CEO of the American Association of Insurance Services (AAIS), speaks with WRIN.tv about data and technology, ‘price optimization’, and new product development. Mr. Kelly sees two sides to the data issue: how to protect it, and how to use it appropriately in a business like insurance, including price optimization.” He acknowledges the regulatory debate over price …

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Opportunities for insurers in technology/cyber risk, Nat Cat risks, telematics and the “Sharing Economy”

By WRIN.tv News Desk
Sep 21, 2015
in :  EMERGING TRENDS, FEATURED, INDUSTRY NEWS, Legislation/Regulation, P&C, Recent Stories

David Kodama, Senior Director for Research and Policy Analysis at PCI, speaks with WRIN.tv about the opportunities for insurers arising due to technological advances, cyber risk, natural catastrophes, telematics and the “sharing economy.” He also reviews PCI’s role in regulation, public awareness and risk mitigation. Mr. Kodama notes that technological advances have propelled the U.S. economy. While innovations have created …

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Property insurance pricing continue “soft-ward glide”…down 10% while remaining profitable

By WRIN.tv News Desk
Sep 18, 2015
in :  COMMERCIAL RISK, FEATURED, ILS & Capital Markets, Markets, P&C, Recent Stories

John Horton, EVP and Chief Marketing Officer at AMRISC, speaks with WRIN.tv about lessons learned in ten years since Hurricane Katrina, the still-softening property insurance market, alternative capital, big data risks and more. Ten years after Katrina, and beyond the human tragedy and poor government response, the insurance industry has seen many changes in demand surge and storm surge. Demand …

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RPS President to continue M&A strategy…says ACA drives up loss costs in workers comp/GL, and more…

By WRIN.tv News Desk
Sep 18, 2015
in :  Companies, EMERGING TRENDS, FEATURED, INDUSTRY NEWS, P&C, Recent Stories

Risk Placement Services (RPS) President Joel Cavaness discusses the company’s acquisition strategy, the effects of El Niño and the Affordable Care Act on the insurance industry, cyber risk and more, during the recent NAPSLO Convention in San Diego. Mr. Cavaness acknowledge the effects of the changing weather patterns on heat, flooding and the types of storm activity the U.S. is …

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Advice for risk managers dealing with a global economy, drones, the Affordable Care Act and cyber risk

By WRIN.tv News Desk
Sep 16, 2015
in :  Accident/Disability, Corporate Risk Management/ERM, EMERGING TRENDS, FEATURED, P&C, Recent Stories
Matt Power - Lexington Insurance

Matt Power, EVP and Head of Strategic Development at Lexington, joins WRIN.tv to discuss the global economy, the ten year anniversary of Katrina, the Affordable Care Act and emerging risks from cyber-attacks, drones and more. When Mr. Power considers the economy, he focuses on how technology and globalization have created tremendous “connectivity.” He points to the impact of Greece and …

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Broker ability to aggregate data and create insurance solutions is driving growth in Program Business.

By WRIN.tv News Desk
Sep 15, 2015
in :  Agents/Brokers/Consultants, FEATURED, Recent Stories
Jaime Miller - Swiss Re

According to Jamie Miller, Head of Property North America at Swiss Re, the biggest factors driving market conditions in the property market are over capacity driven by a lack of natural catastrophe losses. He sees a large number of carriers entering the excess and surplus (E&S) lines market as a result. With favorable market conditions and low cat losses, oversupply …

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NAPSLO Executive Director on “strong” surplus lines market, innovation, NAPSLO’s PAC, talent, and the future

By WRIN.tv News Desk
Sep 14, 2015
in :  EMERGING TRENDS, FEATURED, INDUSTRY NEWS, Legislation/Regulation, Markets, People, Recent Stories
Brady Kelley - NAPSLO

WRIN.tv Speaks with NAPSLO Executive Director Brady Kelley during the recent NAPSLO Convention in San Diego, about market condition, innovation, talent in the industry and his concerns about the future. Mr. Kelley describes market conditions in the surplus lines as “very strong” with an abundance of capital and a relatively long break from significant catastrophes or loss events. He quotes …

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Lexington CEO sees next gen talent/energy of youth as keys to diversity of thought and innovation

By WRIN.tv News Desk
Sep 11, 2015
in :  Companies, FEATURED, INDUSTRY NEWS, People, Recent Stories
Jeremy Johnson - Lexington Insurance

At the 2015 National Association of Professional Surplus Lines Offices (NAPSLO) Convention in San Diego, WRIN.tv asked Jeremy Johnson, President & CEO of Lexington Insurance, to comment on the insurance industry’s need to draw top next generation talent. He believes it is “critical”, not only to create a pipeline of professionals to bring up through an organization, but also to …

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Lexington CEO comments on data/risk modeling, 2015 hurricane season, capital and commoditization

By WRIN.tv News Desk
Sep 10, 2015
in :  COMMERCIAL RISK, Data/Tech/Modeling, EMERGING TRENDS, FEATURED, ILS & Capital Markets, Markets, P&C, Recent Stories, Specialty Lines
Jeremy Johnson - Lexington Insurance

During the 2015 National Association of Professional Surplus Lines Offices (NAPSLO) Convention in San Diego, WRIN.tv spoke with Jeremy Johnson, President & CEO of Lexington Insurance, where he discusses the transformational impact data and modeling has had on all industries like insurance, the “benign” 2015 hurricane season and the danger of insurance being commoditized due to the influx of alternative …

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KPMG Head of Insurance believes public-private partnerships can help close huge protection gap

By WRIN.tv News Desk
Jun 30, 2015
in :  Companies, FEATURED, INDUSTRY NEWS, P&C, Recent Stories
Gary-Reader-KPMG

  The importance of Public-Private Partnerships (PPP) was a key theme at the Global Insurance Forum. Here, Gary Reader, Global Head of Insurance at KPMG, discusses developments in PPPs, and the importance of collaboration between industry and governments. According to Mr. Reader, there are many issues facing governments today, including climate change, resiliency of infrastructure, and economic stability. Given the …

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ICMIF Chief Exec intros “Smart Investing” $3 trillion to help build resilience and sustainable growth

By WRIN.tv News Desk
Jun 29, 2015
in :  FEATURED, INDUSTRY NEWS, Markets, Recent Stories
Shaun-Tarbuck ICMIF

Can the insurance industry direct its vast assets under management to invest in socially relevant issues like resilience and disaster recovery? Shaun Tarbuck, Chief Executive of the International Cooperative and Mutual Insurance Federation (ICMIF), addressed the 2015 IIS Global Insurance Forum during a session at the United Nations. He unveiled what he called a “Smart Risk” Investing Framework, which would …

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CONNecting with Conning: Emerging markets offer investment opportunities despite turmoil

By WRIN.tv News Desk
Jun 24, 2015
in :  FEATURED, INDUSTRY NEWS, Markets, Recent Stories

Investments in emerging markets are attractive, especially when developed economies are experiencing slow growth or low yields. In this edition of CONNecting with Conning, Gulen Tuncer evaluates investment opportunities in emerging markets for insurance companies. She is CFA and Director and Research Analyst at Conning, responsible for Corporate and Emerging Market Bond Research. Ms. Tuncer noted the many events that …

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