May 18, 2022
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  • INDUSTRY NEWS
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    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    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

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

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

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

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    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
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    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

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

  • CAREERS/PROFESSIONAL DEVELOPMENT
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    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

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

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

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    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 Tag Archives: Federal Reserve

Tag Archives: Federal Reserve

FEATURED INDUSTRY NEWS Legislation/Regulation P&C WRIN.tv Newswire

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

Chuck Chamness, President and CEO of the National Association of Mutual Insurance Companies (NAMIC), says the industry can take a victory lap after renewal of the Terrorism and Risk Insurance Act (TRIA) for seven years. Social Inflation and “nuclear verdicts” are on everyone’s mind now, according to Mr. Chamness, and NAMIC is studying the causes and potential solutions to judgments …

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Robert Gordon | PCIAA
INDUSTRY NEWS Legislation/Regulation

Deteriorating loss trends, regulatory over-reach and the Presidential election top the agenda at PCI.

Overall, the insurance markets are very strong, with record capital and record policyholder surplus, but there are several troubling trends in the market. Combined ratios and loss trends are deteriorating, and policyholder surplus is growing at a rate slower than the GDP. Robert Gordon, SVP – PCI Policy Development and Research, sees a “tale of two cities” with commercial lines …

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U.S. regulators say international capital standard must be good for U.S.
Legislation/Regulation

U.S. regulators say international capital standard must be good for U.S.

Insurance industry officials, including Fed senior adviser Tom Sullivan and FIO Director Michael McRaith, sported green ties at a regulatory conference in Washington on St. Patrick’s Day, but sounded a patriotic note of red, white and blue in their approach to accepting any global insurance capital standards. They said an international capital standard will be accepted only if it is …

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Monday Morning Headlines
EMERGING TRENDS INDUSTRY NEWS Legislation/Regulation Recent Stories

Monday Morning Headlines: March 2, 2015

WRIN.tv’s Monday Morning Headlines, compiled by SNL Insurance, is a video digest of the news you need to know about the U.S. Insurance industry. Today’s Monday Morning Headlines: Fed chair grilled about FSOC approach to SIFI designation FIO Director implies capital standards may not be in place until 2016/2018 NAIC seeking bids to enhance its own cybersecurity Small cut in …

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Insurers to Fed
Legislation/Regulation P&C

Coalition urges Fed to proceed slowly on insurer capital standards

A group of large insurers, including MetLife, Prudential, State Farm and others, is urging the Federal Reserve Board to take its time in laying out capital and reporting standards for insurers under its supervision. The Insurance Coalition wrote to Fed Secretary Robert deV. Frierson, voicing concern that the same style and timeline of procedures being proposed for GE Capital could …

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