Cyber Defense: Psychology’s Relevance On The Front Line

The best way to defeat or at least largely mitigate hackers is with a dynamic defense system. When combined effectively, anti-virus software, NGFWs and the products and services from cybersecurity companies like CyberArk and FireEye can provide an organization with a resilient cybersecurity framework.
December 14, 2017 Education & Training Excess & Surplus Lines Risk Management

Are Timid Underwriters Blowing A Business Opportunity With Blockchain?

There is a substantial business opportunity for insurers willing to learn about and underwrite nascent blockchain technology, says an account executive at The Axis Insurance Group in B.C.
December 11, 2017 Education & Training Technology

Top 3 Issues For Adjusters

Monica Kuzyk, president of the Canadian Independent Adjusters’ Association (CIAA), talked to Canadian Underwriter Monday about the most significant issues facing Canadian insurance adjusters going into 2018.
December 7, 2017 Education & Training Risk Management

How To Develop Talent In A Claims Organization

The plaintiff’s bar is relentless, and its growing crop of young lawyers continues to bring down large verdicts. It’s imperative that claims organizations develop and retain top talent to match the very capable lawyers on the other side.
November 22, 2017 Education & Training Risk Management

6 Hurt After Driver Fleeing Cops Leaves Trail Of Destruction

A driver took off during a traffic stop in Brooklyn Saturday, plowing through a red light and hitting an MTA bus and two cars in chaotic crashes that left six people injured, the NYPD said.
November 20, 2017 Auto Education & Training Liability New York

In Claims, It’s A Candidate’s Market

No longer just a warning for the future, the long-predicted war for talent is here, and it has hit the insurance industry with incredible force. Unfortunately, the market’s return to its pre-recession state and relative stability has left insurers unprepared to face what is undoubtedly the most competitive recruiting environment the industry has ever faced.
November 13, 2017 Education & Training Risk Management

October Is National Cyber Security Awareness Month

National Cyber Security Awareness Month (NCSAM) kicks off this week. And in the wake of last month’s Equifax breach announcement—in which nearly 145.5 million Americans learned their personal information may have been compromised, coupled with the government’s recent efforts to combat cyber threats—NCSAM’s timing could not be better.
October 5, 2017 Education & Training Liability

Risk Professionals Support Claims Management Shift From Metrics To Continuing Education

Risk managers and consultants are advocating a shift away from focusing on claims management metrics such as closure rates toward continuing education, feedback and scenario-based learning for claims professionals to enhance their skills.
October 4, 2017 Education & Training Risk Management Workers' Compensation

Tropical Cyclone Intensified By Extra Warm Western Gulf Waters

Every so often, the worst-case scenario comes to pass. As of Sunday afternoon, the remnants of Hurricane Harvey seem likely to exceed the worst forecasts that preceded the storm.
August 28, 2017 Catastrophe Education & Training Property Texas

Eclipse Sheds Light On Western Wildfires

Just before American news reporters could excitingly begin covering the total solar eclipse from Oregon on Monday morning, they had to acknowledge the wildfire smoke caught by their cameras. “Wildfire Threatening the View” was one brief TV headline leading into the eclipse’s coverage.
August 24, 2017 Education & Training Liability Property Oregon

Replacement Versus Restoration: A Lesson On Luxury Handbags

With the crashes of the housing industry and stock market in 2008, and with interest rates long near zero, many people are looking at alternative options for safe investments. Surprisingly, luxury brands such as Hermès and Chanel have arguably become a safer investment than stock markets.
August 7, 2017 Education & Training Property

Why Efficiency Isn’t Enough: Maximizing Your Effectiveness In Subrogation

In this age of task overload, efficiency is a matter of survival. But in the subrogation world, is efficiency enough? The goal of subrogation is not to manage claims or cases, but to make money out of them.
July 27, 2017 Education & Training Subrogation

Does Peer-to-Peer Fit In Risk Markets?

In the first of this series of four segments, we looked at the current state of the risk markets and the insurance industry. In this segment, we will look at how peer-to-peer (P2P) fits.
July 11, 2017 Education & Training

Insurance Is The Hot New Way To Avoid Taxes

The new hot thing in tax avoidance has a boring old name: insurance dedicated funds. Introduced in the 2000s, IDFs have become so mainstream that banks such as JPMorgan Chase & Co. and Goldman Sachs Group Inc. are offering them.
June 28, 2017 Education & Training

How Most Insurance Companies Strangle Automotive Enthusiasm

Quick, now: Will you send your children to STEM or to FIRE? It sounds like a question that might be asked as part of the “Hunger Games” but it’s far more important than that.
June 20, 2017 Auto Education & Training
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