- Resilience and Debris Removal Key In Catastrophe Recovery, Experts SayJanuary 15, 2014Industry panelists discussed recovery tactics and potential for disaster in 2014 at the P&C Insurance Joint Industry Forum.
- Tornado Relief: Insurers Head WestNovember 22, 2013Three insurers deployed web-enabled vehicles with additional devices in an effort to relieve tornado victims quickly and efficiently.
- Amica Juices Up Claims Response with Advanced MappingSeptember 16, 2013The implementation of a geographic information system helped the company respond quicker to increasing hail claims.
- How Claims Data Analysis Can Help You Keep Your Customers Safe During CAT EventsSeptember 05, 2013Insurers that have implemented processes to analyze their data in real-time will provide better service to customers and help keep them and their property safe before, during and after catastrophes.
- Insurers Take Satisfaction Hit on Sandy Claims: J.D. PowerAugust 23, 2013While overall satisfaction with property claims is stable, policyholders were notably less satisfied with more complex Sandy claims.
- Report: Insured Catastrophe Losses Down 20%July 24, 2013Insurance losses down by 20% for the first half of 2013 according to a report by Aon Benfield.
- The Consumerization Of Risk ManagementJuly 02, 2013Insurance companies are using technology to help policyholders reduce their risks -- and could reap rewards in terms of reduced claims volume.
- 4 Key Issues from the Long-Delayed FIO ReportJune 12, 2013The Federal Insurance Office's first annual report on the U.S. insurance industry, mandated by the Dodd-Frank law, came out -- more than a year late -- today. Here's a quick, early look at what the body is following.
- With Up to 20 Named Storms Predicted, Millions at Storm Surge RiskMay 31, 2013The NOAA predicts 13 to 20 named storms this hurricane season, while CoreLogic estimates $1.1 trillion in property at risk from storm surge.
- Hartford Steam Boiler Partners on Blackout Risk TechMay 30, 2013The Munich Re unit has partnered with Atmospheric and Environmental Research to develop a technology that insurers and clients can use to assess blackout risk.
- Moore Tornado May Spur CAT Reserving Regulatory ReformMay 24, 2013If insurers were permitted to put aside funds with favorable tax treatment, it would not take long to build up significant reserves that would be available in the event of a catastrophe, notes Howard Mills, chief advisor with Deloitte LLP's insurance industry group.
- Bulletin: Late May Tornadoes Could Hit $5 Billion in Insured LossesMay 24, 2013The deadly twister in Moore, Okla. accounts for a majority of the loss potential, according to EQECAT.
- First Major Tornado Outbreak Levels Homes, Kills 6 in TexasMay 16, 2013Insurance loss estimates have yet to be released for storms that hit a community southwest of Fort Worth last night.
- Selective Announces Executive Promotions in Claims and ITMay 13, 2013Among a roster of recent appointments and promotions announced by Selective Insurance were George Neale as SVP, Chief Claims Officer, and John Bresney as SVP, Application Delivery Services.
- The Hartford CEO: "We've Planned for Higher CATs This Year" (Video)May 10, 2013The Hartford CEO Liam McGee tells Fox Business that the company expects weather to "be more severe this year"
- RMS Debuts the RMS (one) Real-Time Exposure and Risk Management EnvironmentMay 09, 2013The new environment will provide intuitive, enterprise-wide access to real-time risk intelligence, enabling decision-makers at every level of the organization - from risk analysts to the CEO - the opportunity to ask questions and get answers in real time, according to the vendor.
- Who's On The Hook for Boston Claims?April 25, 2013Policyholders in the blast zone may not have an easy time recouping their losses via insurance, according to the Wall Street Journal.
- Mutual Insurers More Sensitive to Catastrophe, Process and Technology Can Bridge the GapApril 17, 2013Policy holders concentrated by type and geography are among the reasons mutual insurers are more susceptible to catastrophe claims challenges, but proactive measures and technology solutions can enable carriers to compensate, according to Willis Re.
- What 4 Model Insurers Say About Industry TrendsMarch 08, 2013Celent recognized 18 insurers with Model Insurer awards last week for their innovative use of technology. These four are early adopters of capabilities that we predict will become table stakes across insurance.
- In CAT-Prone Haiti, Microinsurance Gains SteamJanuary 30, 2013When Hurricane
Sandy struck Haiti late last year, the home Guerda Pierre shares
with her three children and mother in Cabaret, north of
Port-au-Prince, was flooded - and so was the merchandise she
sold to make a living.