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Its difficult to predict what the personal auto insurance market will look like by the turn of the next decade, but even conservative estimates indicate telematics and usage-based insurance (UBI) will become a catalyst for change, according to a recent Strategy Meets Action research paper.
Insurance groups and CEOs are bristling against the global designation of insurers as Global Systemically Important Insurers by the Financial Stability Board, an action expected in or near the first quarter of 2013.
Insurance groups and CEOs are bristling against the global designation of insurers as Global Systemically Important Insurers by the Financial Stability Board, an action expected in or near the first quarter of 2013.
The ultimate asbestos loss for the property and casualty insurance industry is now estimated to be $85 billion, an increase of $10 billion from A.M. Best's estimate three years ago.
The ultimate asbestos loss for the property and casualty insurance industry is now estimated to be $85 billion, an increase of $10 billion from A.M. Best's estimate three years ago.
Concerns with security are nothing new for educational institutions, say security experts, but the tragedy in Newtown, Conn. underscores both how important and difficult it is to keep people safe from a madman.
Concerns with security are nothing new for educational institutions, say security experts, but the tragedy in Newtown, Conn. underscores both how important and difficult it is to keep people safe from a madman.
Data serves as both friend and foe, enabling ever-enterprising criminals to perpetuate insurance fraud. Insurers can prevail, says Forrester, by enhancing their fraud and business intelligence.
Data serves as both friend and foe, enabling ever-enterprising criminals to perpetuate insurance fraud. Insurers can prevail, says Forrester, by enhancing their fraud and business intelligence.
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