Insurers Home in on Flood Risk with Radar Mapping; HALF A MILLION CUSTOMERS FACE HIGHER PREMIUMS, BUT OTHERS WILL PAY LESS AS NEW TECHNOLOGY SINGLES OUT INDIVIDUAL PROPERTIES WITH MILITARY PRECISION
The Insurance Department is joining hands with the General Insurance Association, the Thai Life Assurance Association and the central car-repair union to send at least 20 mobile service units to flood-affected areas in the country within two weeks. Archived articles are available to Magazine subscrib...
Delays in claim processing, inadequate communication, and inconsistency in assessing insurance claims have led to a raft of recommendations designed to improve customer experience in the event of natural disasters.
Flood related depression and replacement of damaged household items assistance to flood victims and spearhead the establishment of a national flood insurance policy, while insurers support with packages for slum areas in ... A Osman,K Ansah-Mensah,J Amoah-Nuamah,... - 《Progress in Disaster Sci...
Risk isn’t what it used to be Besides the overall increase in risks, the profile of risks also is changing. They’re declining or flat in mature areas, such as personal auto, workers’ compensation, and mortality; expanding in new areas, such as cybercrime and digital assets...
Snapshot:With natural disasters on the rise and asset replacement costs mounting, insurers face a delicate choice—get out of certain areas or get better risk visibility. Recent events underscore the challenge. Over the last 30 years, the annual average for natural disaster losses covered by insur...
Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate reductions and improved terms and conditions for clients that could demonstrate differentiated strategies, reinsurance brokers Aon, Gallagher Re and … Loss...
The article offers ways for insurance industry to learn to communicate ideas clearly and simply to become effective innovators. Ways include the speaking of English language and using the words from customers in describing their needs. Another is to empower a team in ways and areas where they wil...
The National Flood Insurance Program : status and remaining issues for Congress. In late October 2012, Hurricane Sandy caused widespread flood-related property damage in coastal areas of states throughout the Northeast and the mid-Atlan...
FEMA Maps Lead to Development in Flood-Risk Areas, NC State Study Shows Judge Triples Jury Award in Nautilus Insurance Suit Against Murdaugh Accomplice More Top Stories Find complete reinsurance coverage of, by and for reinsurance professionals and buyers. The Most Important 2025 Los Angeles Wil...