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Insurance & Technology March 16, 2004 Julie Gallagher |
Battening Down the Hatches When it comes to predicting low-frequency, high-impact catastrophes, underwriters of risk must rely on thousands of years of scenarios rather than their proprietary loss data. |
Insurance & Technology July 12, 2006 Maria Woehr |
Not Risking It The availability of catastrophe models generated overconfidence among insurers, which, after the past hurricane season, are realizing the technology's limitations. However, insurers will still continue to rely on cat modeling to reduce risk exposure. |
Insurance & Technology December 13, 2006 Anthony O'Donnell |
Location, Location, Location Insurers' capability to respond quickly to catastrophes - on whatever scale - is extremely relevant to their mission. |
The Motley Fool June 18, 2007 Emil Lee |
Disaster Preparedness: Are Insurers Ready for the Big One? With private insurers withdrawing from the coastal areas, leaving the taxpayers holding the bag, one wonders: What should investors do if the big one does hit? |
Insurance & Technology March 7, 2006 Deena M. Amato-McCoy |
Storm Surge Refusing to be caught off guard again, insurance companies are reexamining their IT strategies and operations in anticipation of the fast-approaching 2006 hurricane season. |
Insurance & Technology November 28, 2005 Maria Woehr |
Tracking Super Cats The devastating effects of Hurricane Katrina will prompt more insurers to work with super catastrophe, or Super Cat, modeling. |
Insurance & Technology December 23, 2005 Maria Woehr |
Bracing for the Claims Storm Many insurance carriers have invested in new back-office and field technologies within the past year to enable more-efficient claims processing and provide better customer service. And, for many, it wasn't a moment too soon. |
Insurance & Technology March 9, 2007 Nathan Conz |
Travelers Deploys Mobile Catastrophe Units to Respond to Florida Tornadoes By deploying mobile claims vehicles to the recent tornado-damaged central Florida region, the P&C insurance provider was able to focus its response efforts and minimize claims adjustment lag time. |
Geotimes February 2007 Richard J. Murnane |
Science, Catastrophe Risk Models and Insurance An appreciation of how scientific research is used in the insurance industry's catastrophe risk models provides some insight on the relationship between geoscience and insurance. |
National Real Estate Investor July 1, 2006 Parke M. Chapman |
An Insurance Storm One month into hurricane season, commercial property owners along the Gulf and Florida coasts are coming to grips with the jaw-dropping costs of insuring against future hurricanes. |
Insurance & Technology October 7, 2005 Anthony O'Donnell |
Mean Season In addition to driving a more expeditious claims process, technology has played an important role in minimizing the effect of an event like Katrina on the fortunes of insurance companies and the industry as a whole. |
Insurance & Technology August 12, 2005 Anthony O'Donnell |
Stormy Weather Hurricane Dennis provoked an early debut of technologically driven tools and strategies demonstrating the evolution of CAT-related solutions, or simply representing such technology's increasing availability. |
Insurance & Technology January 26, 2005 Anthony O'Donnell |
The Perfect Storm Model To help insurance carriers scientifically assess their exposure to those losses, EQECAT issued the first probabilistic catastrophe model for U.S. winter storms. |
BusinessWeek May 14, 2007 Coy & Aston |
Hurricane Ahead, But Lower Insurance Why the price of property coverage is going down in the face of dire predictions. |
Insurance & Technology October 12, 2004 Wendy Toth |
Hurricane Warfare Insurers find a variety of ways to leverage technology to help claimants recover from the onslaught of ferocious storms. |
Insurance & Technology January 31, 2007 Anthony O'Donnell |
RMS Faces Heat in Florida Catastrophe modeler RMS finds itself in the midst of an acrimonious conflict between the State of Florida and P&C insurers about rising property insurance rates. |
IndustryWeek January 1, 2003 Traci Purdum |
Preparing For The Worst Turbulent times call for manufacturers to assess their risks when it comes to potential terrorist attacks. |
The Motley Fool March 24, 2004 Mark Mahorney |
The Cost of Terrorism What does insurers' exposure to terrorism really mean to investors? |
Insurance & Technology December 23, 2005 Maria Woehr |
Forecasting Disaster Benfield, a London-based reinsurance and risk intermediary, in partnership with Tropical Storm Risk, an independent research organization, developed ReMetrica, a new modeling methodology to help carriers with investments affected by the weather in the U.S. manage risk effectively. |
Insurance & Technology September 7, 2007 Susana Schwartz |
Main Driver Behind STP Initiatives Today Is Ease Of Doing Business Straight-through processing is more a business issue than a technology, and is fundamental to the ability to drive intelligence into the underwriting process and throughout the organization. |
The Motley Fool September 9, 2005 Bill Mann |
Insurance Disaster Scenario: Meet Stan Insurance companies that made it through the storm of the century intact might not survive a second blow. It's one area of investment where gambling on marginal players carries substantially higher levels of risk. |
The Motley Fool September 10, 2004 Rich Duprey |
Insurers Eye Ivan the Terrible How will companies and investors fare if the storm spawns moderate damage? |
CRM January 2013 Leonard Klie |
Sandy Put Service to the Test Insurers turned to mobile and social technologies to respond to the October superstorm. |
Insurance & Technology May 3, 2006 Maria Woehr |
Mapping Out Risks Seeing that many reinsurance executives want the convenience of conducting risk analysis themselves, Guy Carpenter & Company, part of Marsh & McLennan Companies, has launched the online risk management platform i-aXis. |
Commercial Investment Real Estate Mar/Apr 2006 Barry B. LePatner |
Are You Prepared? While disaster management planning is likely to be low on commercial property owners' to-do lists, unexpected events such as Hurricane Katrina and the Sept. 11 terrorist attacks have demonstrated the importance of having a disaster management strategy. |
Insurance & Technology January 14, 2008 Anthony O'Donnell |
Pacific Northwest Storm Challenges Insurers The geographical breadth of December 2007's Pacific Northwest storm challenged insurers' catastrophe management teams to anticipate claimants' needs. |
The Motley Fool August 16, 2004 Bill Mann |
Charley Smacks Florida, Insurers The hurricane unleashed its fury on Florida. The residual impact shouldn't be as bad as Andrew's. This time, the insurance companies were ready. |
National Real Estate Investor February 1, 2003 Thomas Bisacquino |
A Much-Needed Morale Boost For more than a year, organizations representing commercial real estate owners pressed for enactment of The Terrorism Insurance Act of 2002. The bill, signed into law by President George W. Bush late last year, gives the industry a shot of optimism needed for a faster recovery. |
Insurance & Technology January 29, 2009 Craig Bedell |
Overcoming Barriers to Integrated Risk Management In a market environment where competition, globalization, market volatility and structural change are increasing, insurance companies need to manage their risks and service even better and with greater transparency. |
BusinessWeek January 16, 2006 Adam Aston |
The Worst Isn't Over Smarter science is helping companies and insurers plan for hurricanes. The bad news: This year could be another doozy. |
The Motley Fool December 18, 2006 Brian Lawler |
Nice: No Hurricanes Thankfully, we experienced nice weather in 2006. After the unprecedented losses incurred in 2005, almost anything would have been better for insurers this year. Investors, take note. |
The Motley Fool September 3, 2004 Bill Mann |
Frances to Hit Hartford Frances is a big storm, very dangerous in Florida. It might be just as dangerous in the traditional home of the insurance industry, Hartford. |
Insurance & Technology February 1, 2007 Anthony O'Donnell |
The Worst Storm in a Decade Brings Widespread Destruction and Tests Insurers' Resources A mid-December storm brings catastrophe to the Pacific Northwest, resulting in an intensive test of claims-adjusting resources to the region. |
Insurance & Technology February 1, 2006 Peggy Bresnick Kendler |
Claims to Tame Experts weigh-in -- Q: What are the biggest challenges insurers currently face in the area of claims management?... Q: How does business intelligence affect claims handling?... etc. |
The Motley Fool April 23, 2007 Emil Lee |
Evaluating Insurance Stocks An industry executive helps investors understand how to assess an insurer's results. |
Insurance & Technology December 20, 2004 Anthony O'Donnell |
Back To Business NFS Speeds Applications... Glatfelter Selects Insurity... Claims Integration... Preparing for The Worst... Full Support... |
Knowledge@Wharton May 7, 2003 |
To Pay or Not to Pay: Business Weighs the Cost of Terrorism Coverage Nearly two years after the terrorist attacks of September 11, 2001, businesses continue to evaluate the threat of another catastrophe and try to gauge their own exposure to it. |
Insurance & Technology July 12, 2006 Katherine Burger |
Here We Go Again This year's hurricane season could all end up being much ado about nothing, but it also could turn out to be the proverbial worst-case scenario, and of course, the insurance industry has to prepare for the worst. |
The Motley Fool June 29, 2011 Michael Olsen |
Hard Times, Hardening Markets? Insurers could be about to toughen up and raise rates. |
National Real Estate Investor April 1, 2003 Chapman & Valley |
Terrorism Insurance: Why Owners Are Balking Not all property owners are buying coverage. Many landlords who believe their properties pose a low risk for a terrorist attack are declining to accept coverage because they think it's too pricey or unnecessary. The repurcussions of this are felt throughout the industry. |
Insurance & Technology January 5, 2007 Peggy Bresnick Kendler |
An Eye on the Future Insurance industry association executives speculate on the most important issues and challenges facing the insurance industry in 2007. |
Insurance & Technology November 17, 2004 Wendy Toth |
Back To Business Arbitration Forums introduces Web-based subrogation system... RMS releases new risk tools... California passes general security standard... Society Insurance goes with AQS... Aviva Life Insurance Co. simplifies insurance application and submission process for banks... etc. |
Insurance & Technology February 4, 2009 Anthony O'Donnell |
Willis Re Launches Next-Gen Portfolio Management Platform Insurance carriers that adopt Willis Re's conNext single Web-based platform for portfolio management can dispense with multiple, disparate products for mapping, reporting and performance monitoring. |
Insurance & Technology May 16, 2005 Wendy Toth |
Back To Business Risk Management: Terror Models Help Pricing... Regulation/Compliance: Security Comes With Compliance... Employers Recognize HSA Challenges... Distribution: Common Insurance Ground... etc. |
The Motley Fool June 18, 2007 Emil Lee |
Profit From Disaster? Here are some investment strategies for playing a possible insurance industry downturn. |
Reason May 2007 Jacob Sullum |
Hurricanes Happen Insurance price controls in Florida: The state legislature is ordering insurance companies to charge less for homeowner's policies. |
Insurance & Technology April 6, 2006 Maria Woehr |
Cover Your Assets Insurers must focus on internal risk management rather than depend on the Terrorism Risk Insurance Act, which is set to expire in two years, to mitigate losses from a terrorist attack, according to Risk Management Solutions. |
The Motley Fool February 15, 2007 Buz Livingston |
Katrina Winds Still Blowin' State Farm is suspending sales of all new commercial and homeowner policies in the state of Mississippi. The effect of this could ripple across the nation as insurers will be forced to pay higher premiums for catastrophe coverage. |
Insurance & Technology February 10, 2009 Anthony O'Donnell |
Business Intelligence Makes Insurers More-Competitive Risk Managers For most insurers, business intelligence means point solutions at best. But those carriers that weave analytics into the fabric of their organizations are equipped to drive more precision in pricing and greater profitability to the bottom line. |
Insurance & Technology November 15, 2007 Katherine Burger |
Insurers' Technology Investments Transform Catastrophe Claims Management Strategies While technology's power is welcomed by the public, politicians and the media in terms of catastrophe claims response, it's not always so appreciated when it comes to how insurers deploy it to forecast, analyze and underwrite risks. |