World Risk and Insurance News

04/07/2022

On the April 26 edition of Pulse, Rohit Verma, CEO of Crawford & Company the world’s largest provider of claims management and outsourcing solutions, joins AAIS (American Association of Insurance Services) VP of Products John Kadous to discuss the economy and the supply chain, auto risks, climate change, natural catastrophes, data and technology, and much more. Don't miss it! https://hubs.li/Q017zsVv0

02/12/2021

REGISTER to put your finger on the Pulse...https://bit.ly/3b1NM4A
- How are Administration policies affecting ?
- What technologies are influencing regulatory reporting in insurance?
- How will open source strategies affect the future of insurance?

Click here to join the Pulse on February 23: https://bit.ly/3b1NM4A

12/08/2020

Today, we’re proud to announce the launch of our groundbreaking Fire Loss and Mitigation Evaluation Score (FLAMES). It’s a revolutionary, data-driven model measuring fire risk by assessing fire severity loss by ZIP code, instead of using fire department boundaries. To build FLAMES, AAIS evaluated a wide range of data and established relationships in the fire protection industry to understand the wide range of fire loss drivers.

Learn more:
https://www.aaisonline.com/web/guest/flames

10/13/2020

AAIS CEO Ed Kelly welcomes Chairman David Priebe and (RAA) President Frank Nutter for a discussion on the current state of the and markets in the wake of a tumultuous 2020 with an unprecedented convergence of , , the , , , , , , , , , , , , , actions, , and laws.

In this edition of CEO Angles, AAIS CEO Ed Kelly welcomes Guy Carpenter Chairman David Priebe and Reinsurance Association of America (RAA) President Frank Nutter for a discussion on the current state of the insurance and reinsurance markets in the wake of a tumultuous 2020. In a year that has seen m...

02/06/2020

In this AAIS Advisory Report, AAIS President and CEO Ed Kelly speaks with Kevin O’Brien, President & CEO of Inland Marine Underwriters Association - IMUA, as well as Rich Soja, the Global Head of Inland Marine at Allianz Global Corporate & Specialty, about the current state of the market and what they see in the future.

For the inland marine market, business is good…and emerging technology, new educational opportunities and growth in the construction market all point to a strong year ahead. In this AAIS Advisory Report, AAIS President and CEO Ed Kelly speaks with Kevin O’Brien, President & CEO of IMUA, as well ...

02/05/2020

Chuck Chamness, President and CEO of the National Association of Mutual Insurance Companies, says the industry can take a victory lap after renewal of the Terrorism and Act ( ). This and other insights in this edition of World Risk and Insurance News's "Legislative Brief."

Chuck Chamness, President and CEO of the National Association of Mutual Insurance Companies (NAMIC), says the industry can take a victory lap after renewal of the Terrorism and Risk Insurance Act (TRIA) for seven years. Social Inflation and “nuclear verdicts” are on everyone’s mind now, accord...

01/29/2020

There were significant insured losses from natural disasters in 2019, according to Dr. Phil Klotzbach at Colorado State University (CSU). It it is difficult to say home much is that was driven by climate change, however.

There were significant insured losses from natural disasters in 2019, according to Dr. Phil Klotzbach, a research scientist in the Department of Atmospheric Science at Colorado State University (CSU). While there $45 billion in losses reported, it is difficult to say home much is that was driven by....

01/28/2020

“The market continues to be robust” according to Frank Nutter, CEO of the Reinsurance Association of America (RAA).

“The reinsurance market continues to be robust” according to Frank Nutter, CEO of the Reinsurance Association of America (RAA). Brokers report that capital in the market has increased, and it was a relatively “low catastrophe” year. Among the concerns and challenges facing reinsurers, cyber ...

01/28/2020

David Sampson, president and CEO of the American Property Casualty Insurance Association points to several successes over the past year, including the reauthorization of TRIA (Terrorism Risk Insurance Act).

David Sampson, president and CEO of the American Property Casualty Insurance Association (APCIA), discusses the current state of the “dysfunctional, hyper partisan” U.S. government, and that there is little on the horizon that suggests polarization will end any time soon. Still, Mr. Sampson poin...

10/16/2019

New York Association (NYIA) VP Cassandra Anderson provides insights on challenges and opportunities facing New York ,...from needs and to emerging and issues.

New York Insurance Association (NYIA) Vice President Cassandra Anderson provides insights into the challenges and opportunities facing New York insurers, including consumer needs, technology, and emerging regulatory and legislative issues. Ms. Anderson believes among the biggest issues facing compan...

10/14/2019

Mica Cooper, CEO & President of Aisus/InsureCrypt opens up about so-called ‘disruption’ in the industry. "We’re not seeing it…not yet."

Mica Cooper, CEO & President of Aisus/InsureCrypt opens up about so-called ‘disruption’ in the insurance industry. According to Mr. Cooper, we’re not seeing it… Mr. Cooper notes how much people are talking about innovation, disruption, evolution and revolution in the insurance industry. He s...

10/09/2019

Insurance Information Institute (III) Chief Administrative Officer Laura Favinger shares thoughts on major issues facing the U.S. insurance industry, including and , and , the industry’s and global economic and political upheaval.

Insurance Information Institute (III) Chief Administrative Officer Laura Favinger shares her thoughts on major issues facing the U.S. insurance industry, including insurer and policyholder resilience, technology and cyber risk, the industry’s talent gap and global economic and political upheaval. ...