Content tagged with Claims posted in January 2013
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In CAT-Prone Haiti, Microinsurance Gains Steam
When Hurricane
Sandy struck Haiti late last year, the home Guerda Pierre shares
with her three children and mother in Cabaret, north of
Port-au-Prince, was flooded - and so was the merchandise she
sold to make a living.
Inside the Sandy Claims Response: From the Front Lines
Insurers are combining technological prowess with an improvisational spirit to address the superstorm's claims challenge.
Perspectives on Changing Global Risk, Natural and Otherwise
AIR Worldwide and Willis counsel against increased risks from natural catastrophe, cyber risk, reputational risk and the potential consequences of abandoning ERM efforts.
Insurers' Performance On Sandy Claims: Good News And Bad News
Insurers' claims systems appear to have been up to the challenge of handling Superstorm Sandy claims. The same can't always be said for the industry's leadership and communication, however.
Grading Insurers' Sandy Claims Response
The picture of how well or how poorly insurers responded to Hurricane Sandy is complex. While some carriers did outstanding work, others were slow to respond, disappointing the public, agents and brokers. Some carriers' legalistic wrangling about claims has magnified that disappointment.
Lawsuit Against XL Proves CEO's Admonition Correct
The electric car company Fisker is suing its insurance provider, XL America, over issues the company's CEO recently warned threatened the insurance industry.
P&C CEOs Speak Out on Regulation & Technology
At the recent Property/Casualty Joint Industry Forum in New York, six insurance company CEOs took the opportunity to evaluate Sandy response, debate the merits of regulation, and ruminate on the role of technology in the business. Here are some of the most interesting soundbites.
Sandy Dominates Conversation at P&C Industry Forum
Both industry observers and industry participants spent a lot of time discussing Hurricane Sandy at this year's Insurance Information Institute Property/Casualty Joint Industry Forum.
Insurers Face Riskier World: WEF’s Global Risks 2013 Report
Three of the top five risks ranked by 1,000 influential respondents from around the world could have a profound effect on the insurance industry, according to Michel-Kerjan of the Wharton School.
Joplin Losses Still Not Settled 18 Months Later
With insurance companies still tabulating losses from the May 2011 Joplin, Mo., tornado, it's folly to expect any clarity on the full scope of even larger events like Hurricane Sandy for years.
10 Realities of the Sandy Claims Process
Sorting through the rhetoric, recognition and razzing around the insurance industry’s efforts to resolve claims from Superstorm Sandy.
U.S. Accounted for 90% of Insured Natural Catastrophe Losses in 2012: Munich Re
According to the insurer's 2012 Natural Catastrophe Year in Review report, Superstorm Sandy and the summer's drought caused record losses in the U.S., although globally losses were lower than in 2011.
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