Severe convective storm losses—the highest in decades—significantly affected the 2023 net combined ratio for the property/casualty industry, according to the latest underwriting projections by Triple-I and Milliman actuaries.
  November 2, 2023   Insurance Information Institute Auto Catastrophe Legislation & Regulation Property Risk Management

The Malvern, Pa.-based Institutes’ latest affiliation promises to introduce the skills and experience of insurance accounting and systems administration professionals to a much wider audience.
  November 2, 2023   Risk & Insurance Education & Training Risk Management Technology Pennsylvania

A food delivery worker who encountered two weapon-wielding maintenance workers surprised by his presence in a Five Guys hamburger eatery can bring negligence claims.
  November 1, 2023   Claims Journal

Generative AI enables the creation of sophisticated, personalized customer experiences in the insurance industry through intelligent communication.
  November 1, 2023   Insurance Thought Leadership Insurance Industry Risk Management Technology

About one out of seven U.S. drivers operated a private-passenger vehicle without liability insurance in 2022, according to new research by the Insurance Research Council (IRC), an affiliate of The Institutes.
  November 1, 2023   Insurance Information Institute Auto Insurance Industry Legislation & Regulation Risk Management

How is artificial intelligence changing the subrogation process? How has the economy changed carriers’ appetite to identify subrogation opportunities?
  November 1, 2023   CLM Insurance Industry Legislation & Regulation Subrogation Technology

As kids, parents and yard haunters fill candy bowls, finalize costumes and perfect their spooky decorations, the APCIA reminds us to take a few simple steps to keep Halloween safe and avoid auto and homeowners insurance claims.
  October 31, 2023   APCIA Auto Property

In an interview with Insurance Thought Leadership, Gaurav Garg from Oliver Wyman discusses the digital transformation in the insurance industry.
  October 31, 2023   Insurance Thought Leadership Auto Education & Training Liability Risk Management Technology

To amplify the Insurance Information Institute’s (Triple-I) commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, Triple-I partnered with HBCU IMPACT.
  October 31, 2023   Insurance Information Institute Education & Training Insurance Industry Risk Management

By creating a single source of truth, blockchain-based "smart contracts" enable real-time data collection, sharing, and analysis that can reduce fraud, accelerate claims processes, and save the industry $200 billion per year.
  October 31, 2023   RiskStream Auto Fraud Insurance Industry Technology

Changes in buyers’ behavior mean an insurer using MSRP to set an insurance value is underpricing the vehicle from the start.
  October 31, 2023   Insurance Thought Leadership Auto Insurance Industry Risk Management Technology

CLM’s Transportation Community experts discuss virtual mediations and assessing the strength of the plaintiff’s attorney.
  October 31, 2023   CLM Auto Education & Training Insurance Industry Liability Litigation Illinois Massachusetts Pennsylvania

The only thing scarier than zombies and witches loose on the streets on Halloween is an impaired driver, according to the U.S. Department of Transportation’s National Highway Traffic Safety Administration.
  October 30, 2023   Forbes Auto Legislation & Regulation Liability Risk Management

Erie Insurance defends its practice of telling agents to use subjective factors when judging a potential customer. Maryland regulators say the company sought to exclude Black and Hispanic people.
  October 30, 2023   New York Times Insurance Industry Legislation & Regulation Liability Litigation Maryland New York Pennsylvania

Reinsurance broker Gallagher Re has said that hurricane Otis will be one of the costliest natural catastrophe events in Mexico’s history, with a multi-billion-dollar insurance market loss anticipated.
  October 30, 2023   Artemis Catastrophe Insurance Industry Property Risk Management

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