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Sending cancellation messages via text message on the day of renewal reduced cancellations by 52%, insured.io reports.
Insurers that fail to cook up the right recipe for applying data and analytics to their business will find themselves playing catchup.
The court debated whether an underlying suit based on environmental harms committed by a commercial property owner could be considered an "occurrence" that triggered the duties of defense and indemnity.
The CRM is designed for a variety of professions with risk management responsibilities.
Honorees in this category find fresh, inventive ways to address insurer and insured risk. (Part 4 of 5)
Claims Innovation honorees thoroughly understand the impact that a single claim has on policyholder satisfaction. (Part 2 of 5)
Reinsurance allows a primary carrier to pass, or cede, a portion of its liabilities onto another company.
More than 90% of D&O underwriters believe pricing for mature public companies will go down or stay the same in the coming year.
The one-year moratorium will impact more than 15,000 policyholders in Del Norte and Siskiyou counties.
WSIA continues to find new ways to support students and faculty while building a diverse talent pipeline.
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