Social media data provides insurers with an opportunity to gain insights into a customer’s risk exposure in real time. But it comes with many challenges.

While I feel extremely qualified to write about how to work towards your CPCU during Life With Young Children (alternately titled ‘Not Your Life Anymore’), this is not intended to be a step-by-step guide.

The Casualty Actuarial Society (CAS) has developed a series of papers examining the issue of race and insurance pricing and seeking to contribute constructively to the policy discussion around it.

A California law passed in the late 1980s originally meant to protect consumers is under increased scrutiny for restraining the use of telematics in auto insurance underwriting.

Thinking ahead was the mark of an effective insurer in 2021, as the COVID-19 pandemic required constant adaptability and intelligence.

The job of an insurance underwriter is complex on many levels and requires a highly skilled workforce. Underwriters must possess a combination of actuarial, risk management and people skills to assess complicated policies or claims in a highly collaborative and customer-centric environment.

The CPCU Society recently expanded its membership criteria for the first time in its long history. The society historically counted CPCUs, candidates, and retired CPCUs as its members. But now any insurance and risk management professional, student, or retiree may join and enjoy the benefits of full membership.

In many ways, we are blessed with today’s buildings and engineering marvels. We often don’t think of the challenges involved in building these structures, or the maintenance and upkeep needed to keep them safe and secure.

In 2020, catastrophic weather, including severe wildfires, seven major hurricanes and a destructive derecho drove the proportion of catastrophe losses up 40% from 2019.

By 2022, 2.85 million small drones will be flying the friendly skies, according to projections by the Federal Aviation Administration.

The recent COVID-19 pandemic has upended nearly every aspect of life. Supply chains for everyday staples and luxury goods have been disrupted, expectedly impacting prices for all members of those chains, as well as end users.

The business of insurance claims can be risky and costly. The ability to manage and mitigate risk can mean the difference between profitability and lost revenue.

From delay born of pandemic to decisiveness borne by leaders with a plan, from anger born of isolation to action borne by people’s refusal to isolate themselves from the world, the authors of the first chapter of post-pandemic life—the writers of this history—are the underwriters of life insurance.

An innovation strategy around big data and artificial intelligence will uncover insights that allow smart carriers to acquire the most profitable clients and avoid the worst. Companies that develop the best portfolios of risks will ultimately enjoy a flight to quality while those left behind will compete for the scraps of insurability.

Late last year, Lloyd’s of London announced plans to stop selling insurance for some types of fossil fuel companies by 2030.