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For Karen Pauli, research director in the insurance practice for TowerGroup, the first step in a business intelligence project calls for getting your data in order, but there are other steps that need to follow for carriers to achieve success with their BI initiatives.
Nearly 90 percent of U.S. insurance companies said the use of predictive modeling enhanced rate accuracy in 2010, according to the results of a survey conducted by Towers Watson.
Nearly 90 percent of U.S. insurance companies said the use of predictive modeling enhanced rate accuracy in 2010, according to the results of a survey conducted by Towers Watson.
Insurance broker revenues are expected to grow modestly this year as the soft market and the fallout from the economic crisis continue to put a damper on earnings, according to a report from Fitch Ratings.
Lloyd’s announced today the appointment of Rodney Smith as regional director for Lloyd’s America’s newly established Southeast region.
The public risk management sector, hit hard by the economic downturn, will see belt-tightening a while longer as positive changes in the economy take hold, according to a workers’ compensation and risk management expert.
Reed Group, publisher of the return-to-work (RTW) reference toolset MDGuidelines, announced the release of its upgraded predictive modeling tool for tailoring RTW durations.
As waterlogged Queensland, Australia, braces for another round of flooding, the Insurance Council of Australia (ICA) raised its estimate of industry losses to $1.5 billion from previous flooding to the same area.
A number of deaths that occurred in Louisiana, Florida and Virginia were not likely due to the presence of Chinese drywall in homes, according to a Centers for Disease Control and Prevention review.
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