Looking at the 2024 Atlantic Hurricane Season By Wesley Terwey Most forecasts are for 20 to 25 named storms, 10 to 12 hurricanes and four to six major hurricanes--all well above recent averages.
Preparing for a Rough Hurricane Season By Ali Shahkarami Erik Lindgren Forecasts of a "well above-average" 2024 Atlantic are a timely warning for insurers and companies with portfolios and assets at risk.
Dialogue as the Departure Point to Action By Francis Bouchard A recent session shows how convening leaders of at-risk communities can help provide them the tools they need to tackle climate change.
Climate and Catastrophe Risk Strategies By Laura Drabik In the face of what the U.N. calls a "code red," here are three strategies that property and casualty insurers should immediately undertake.
What Clients Must Know About Extreme Weather By Virginia Blake Pierson A laser-eyed focus on consumer education and engagement is crucial, and the key to how agents can navigate the hard market.
Lessons From Florida's Hurricane 'Mean Season' By Dan Grimwood-Bird In the 20 years since four hurricanes hit the state in just six weeks, insurers have learned many lessons--and have much better technology.
Image The Hurricane Forecast Keeps Getting Darker The latest puts the chances at 62% that a major hurricane will make landfall in the continental U.S. this year, 1.5 times the normal likelihood.
Harnessing Industry Knowledge to Protect the World . . . Again By Francis Bouchard Just as Underwriters Laboratory was set up to make electricity safe for the world, insurers have a huge opportunity (and responsibility) with climate change.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.