In the last year alone, natural disasters in the U.S. created $22 billion in damages, NOAA reports.
A sea captain was awarded more than $11M in lost future earnings after injuring himself on an unmarked hatch, despite being the employee of no one.
What is clear is that insurers plan to pursue bolder strategies in distribution, product, underwriting, claims, and operations this year.
Sponsored by Lightico
Sponsored by Information Builders
Get More Information
- Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
- Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
- Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events
Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.