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Insurers Must Look Forward, Not Backward, In Post-Coronavirus World

Insurance product creation historically has been based on historical data — the rearview mirror view. It always has been, and there is value in doing so. Past trends are likely to be repeated, and coverages and rating need to reflect that. And insurance departments require years of historical data to approve changes. However, there is a fundamental change afoot that cannot be ignored.



Earthquake, Strongest In Decades, Shakes Central Idaho

It was a typical Tuesday evening at the Albertsons grocery store in this resort town about 100 miles north of Boise. Until Susie Baker looked up and saw all the hanging aisle signs swinging back and forth. “Then I thought I heard a sound … and the floor was moving,” said Baker, a checker at the store.
April 1, 2020 Property Idaho

Hundreds Of Homes Damaged, Destroyed In Arkansas Tornado

Hundreds of homes were damaged or destroyed in an EF-3 tornado that swept through Jonesboro, officials said Monday following damage assessments.<br />Craighead County Judge Marvin Day said about 150 homes were mostly or completely destroyed in Saturday’s tornado, along with more than 300 homes that had minor damage.
April 1, 2020 Property Arkansas





Will COVID-19 Disrupt Insurtech?

If there is one thing that we have all learned with the spread of COVID-19, it is that there is virtually no industry that is immune to its impact. The global pandemic is disrupting the daily lives of individuals, the operations of businesses, the activities of governments and even the approach of cherished institutions like museums, universities and religious organizations.
March 31, 2020 Technology