"AI can make us stronger": Everest’s chief actuary on thriving in the era of change

[ad_1] Adaptive frameworks and external advisors are key [ad_2] Source link

[ad_1] As part of its investigation, Plymouth Rock Home, through counsel John Leslie, requested that Mr. Billie provide financial records, tax returns, documentation of property improvements, and other materials. Between February 2021 and September 2022, the insurer made multiple follow-up requests. Mr. Billie, working with public adjuster John Cotter, submitted only a partial set of…

[ad_1] He cautioned that if the bill becomes law, insurers will have to reassess risk pricing in Florida, and reinsurers are likely to follow suit. He added that these changes would ultimately impact policyholders through higher premiums, calling the bill a reversal of recent reforms. [ad_2] Source link

[ad_1] Insurance strength and reserve trends helped balance out headwinds [ad_2] Source link

[ad_1] From warehouse storage to nationwide shipping, wholesale fabric distributors weave throughout the supply chain for retailers, designers, and manufacturers. However, with large inventories of highly flammable material, complex vendor contracts, and deliveries in motion, this sector faces significant risk exposure. Below, Deidra Hoschak—senior small business underwriter at Central Insurance—gives expert advice for the core…

[ad_1] Electronic components are the building blocks of modern life. Companies in the electronic components manufacturing space play a vital role in global supply chains but also face serious risks. Whether your operation specializes in wiring, meters, control boards, or integrated modules, one faulty part can disrupt entire systems and lead to costly claims. The…