Staying ahead of industry trends and marketplace dynamics is critical to success. Early last year CCC Information Services published its Crash Course 2014 report which offered industry projections for auto collision repair and total loss costs. With 2014 now behind us, we revisit these projections around economic growth, auto claims...
Video images of a fireball billowing from the wreckage of a derailed train hauling Bakken crude are adding to pressure on federal regulators to act on new safety standards for oil shipments.
Once difficult, not doable. Rating by peril is relatively simple, because the only information needed is the property address. However, adding in the building characteristics component requires detailed property-specific information for each property under consideration for underwriting.
Insurers should start tackling a quartet of long-term challenges likely to prompt transformations in how the property and casualty industry does business, both internally and externally.
Insurers should start tackling a quartet of long-term challenges likely to prompt transformations in how the property and casualty industry does business, both internally and externally.