PropertyCasualty360

ICYMI: While there are certainly more than 20 issues to discuss after the unprecedented events of 2020, these are many of the high impact issues relating to workers’ compensation, health care, and risk management. https://www.propertycasualty360.com//20-issues-to-watch-i/

ICYMI: The main factors that affect home insurance cost are its location, state laws, how much the dwelling is covered for, and how susceptible it is to damage, according to ValuePeguin. https://www.propertycasualty360.com//most-least-expensive/

ICYMI: More drivers are also encountering vehicle transmission issues, such as those involving high-tech automatic transmissions that use electronic controls to mimic a manual car’s performance. https://www.propertycasualty360.com//10-least-reliable-ca/

The framework was developed through conversations with the industry and experts on cyber insurance. This working group included insurance producers, insurers, cyber experts, and insurance regulators from the U.S. and Europe. https://www.propertycasualty360.com//ny-regulator-release/

Vigilance is not an inherent but an acquired trait, and it only comes through routine practice and experience. https://www.propertycasualty360.com//phishing-watch-out-f/

Although 2021 shows promise for gaining control over COVID-19, the resulting insurance disputes are certain to remain center stage. https://www.propertycasualty360.com//top-insurance-cases-/

Carey Bond, the new U.S. head of claims for Lloyd’s of London, and Hank Watkins, the regional director and president of Lloyd’s Americas take a forward look at what they see ahead for the industry on this week's InsuranceSpeak. https://www.propertycasualty360.com//insurance-speak-focu/

Construction projects can be large and complicated, and sometimes involve added costs outside the project itself. Sometimes these additional costs, called soft costs, can be expensive and cause construction delays. https://www.propertycasualty360.com//how-delay-in-complet/

Companies need to look at things at a more enterprise-level instead of just line by line of insurance coverage. Should they consider retaining more risk in more predictable insurance lines? Are there potential uninsured or underinsured exposures? https://www.propertycasualty360.com//advice-for-risk-pros/

According to AIG, losses in its general insurance segment totaled $790M before tax, including $185M of estimated COVID-19-related losses, primarily in travel, event cancellation, trade credit, property, agriculture, and casualty books of business. https://www.propertycasualty360.com//aig-names-new-ceo-am/

Yes, social media is a wonderful resource, but agencies and carriers must still be aware of the need to protect their brand. https://www.propertycasualty360.com//how-to-protect-your-/

Employees are seeking greater work/life balance, even if it means less money and a lower title. Forty-two percent of respondents would take 30% less pay and a lower title to work from home and have a more balanced work schedule. https://www.propertycasualty360.com//employees-workplace-/

An active hurricane season requires a dedicated strategy that collects information in a way that is seamless and mobile-friendly while ensuring policies and procedures are clear. https://www.propertycasualty360.com//the-2020-hurricane-s/

The good news for some drivers is that geography can help with the process of budgeting for a vehicle as cities with higher costs of living also are likely to be more expensive places to own automobiles. https://www.propertycasualty360.com//10-cheapest-cities-f/

While the majority of organizations in the new Mercer report (81%) said they were focused on improving D&I, only 42% reported having a multi-year, documented strategy to make it happen. https://www.propertycasualty360.com//if-companies-are-ser/

Using low-code and no-code tools, employees are empowered to be their own problem-solvers when it comes to making critical changes to their workflow and/or the customer experience. https://www.propertycasualty360.com//how-low-and-no-code-/

Although it is still early in the process, the outbreak could result in claims against D&O, consultants and professionals, as investors and other stakeholders try to hold them accountable and recoup losses. https://www.propertycasualty360.com//covid-19-and-long-ta/

The industry is in the early days when it comes to AI usage, and skillsets are still advancing. The getting it right discussion is frequently dependent on product segments. https://www.propertycasualty360.com//are-commercial-insur/

Under the proposed settlement, AIG would give up its claims to the credits and pay the 10% penalty to the IRS, though it would retain certain income expense deductions relating to six of the transactions that were structured as borrowings. https://www.propertycasualty360.com//aig-agrees-to-settle/