Now Playing:

Panel: COVID-19 Dramatically Impacts Auto Insurers

While auto claims frequency declined during lockdown, claims severity increased dramatically, according to a recent AM Best TV panel (July 30, 2021).

July 30, 2021

Register to be notified of new AM Best TV episodes.

 

 

Sign Up for AM Best TV Alerts

  • Verisk's Shavel: Insurers Can Better Weather the Constantly Changing Technological Environment With Data Partnerships

  • IGI’s Jabsheh: Reinsurers Coming to Grips With Volatility, Changing Risk Landscape

  • Scor’s Conoscente: ESG Path Going Forward Is Very Clear

  • Future of E&S Panel: Growth Will Continue, but Less Than in Prior Years

  • WSIA Flood Panel: Climate Change, Delayed Infrastructure Create New Flood Risks

  • WSIA Emerging Risk Panel: Inflation, Secondary Perils, Social Inflation Among Emerging Risks

  • Insurers Are Customizing Work Life to Meet Employees 'Where They're At'

  • LexisNexis’ Rush: Data Key to Understanding Risks, Coverage Needs

  • J.D. Power's Ellingsworth: Auto Telematics Pierces the Veil on Actual Usage

  • CargoCorp’s Martinez: War, Labor Shortage, Climate Change Create Maritime Transport Disruptions

  • AGCS Claims Officer Sepp: Fire Tops Global Causes of Loss by Value

  • III's Kevelighan: Insurers Already Out of the Gate in Climate-Risk Race

  • ACORD’s Pieroni: The Curious Case of Hypermature Markets

  • Sylvia Group’s Beauregard: Insurers Increasingly Involved in Loss Control for Schools

  • Insurance AUM's Foley: Outsourced Investments Climb to $3.4 Trillion

  • IBHS’ Hedayati: 'Wildfire Season' Is No Longer Seasonal

  • Conning’s Reilly: Inflation, Market Volatility Force Insurers to Reexamine Investment Strategies

  • Panel: Insurance Captives Can Help Their Organizations Meet ESG Expectations

  • Panel: Captive Insurers Cautiously Venture Into Cyber Coverage

  • Next Gen Insurance Leaders to Meet in Denver

  • Conning's Pitt: MGA Market Sees Double-Digit Growth in 2021

  • Transunion's Jackson: Millennials Are Becoming 'Very Active' in Homeowners Market

  • PRMA Director: Weather, Sharing Economy Pose Growing Risks for Homeowners

  • Wildfire Is Burning a Hole in Insurers' Pockets

  • PwC’s Friedman: Private Equity-Backed Buyers Will Increase Insurance Dealmaking

  • Swiss Re’s Bodenschatz: Cypto Liability, Quantum Computing Among Emerging Risks

  • Allianz Risk Consulting's Miner: Video Monitoring Mitigates Concert Risk

  • FM Global’s Tofte: Denmark, Switzerland, Luxembourg Among the Most Resilient

  • Panel: Auto Insurers Must Learn to Navigate Key Trends

  • SageSure's Nelson: Insurers’ ESG Objectives Should Include Nat Cat Recovery, Rebuilding

  • ProAg CEO: A Shift of ‘Tornado Alley’ Would Change Farmers’ Risk Profile

  • Nationwide's Stueber: Insurers Must Adapt to the Workplace of the Future

  • Insurance Industry Braces For Increase in Severe Atlantic Storms

  • Panel: Layered Protection Supports Insurance

  • Limra: Account-Takeover Fraud Rises in Life Insurance, Annuity, Retirement Plans

  • Crime, Professional Liability Present the Greatest Risks for Insurers of Cannabis Dispensaries

  • A Shift in Tornado Activity Could Change the Risk Profile in Certain States, Drive New Crop Losses

  • Panel: Legal Professionals Explore Emerging Regulatory Insurance Issues, Including 'Forever Chemicals'

  • Karen Clark & Co.: Models Must Catch Up to Science

  • Author: Technology Helps Insurers Conduct Insurance Commerce, Fight Intimacy Awkwardness

  • Allianz: Businesses Must Prepare for Rising Social Unrest

  • Author: Pandemic Has Changed How Agents and Brokers Sell

  • Limra’s Tumicki: Some Patients Lacking Insurance Turn to Savings When Unable to Work

  • CSAA's Huebner: Insurance Industry Cautiously Optimistic Heading Into Wildfire Season

  • Panel: Data Analytics, AI Digitally Transform the Business of Insurance

  • New App Helps Insurance Agents Work While on the Move

  • TransUnion's Jackson: Inflation Pushing Insurance Consumers Toward Telematics

  • Cybersecurity Exec Haber: Not Enough States Have Adopted Insurance Data Security Law

  • Risk Consultant Varney: Hurricane Preparation Should Include More Than the 'Building Envelope'

  • Munich Re US' Bove: Another Active Season for North Atlantic Hurricanes Is Here

  • Travelers’ Ives: New Hires at Greater Risk of Workplace Injury

  • Allianz Global Corporate & Specialty's Khanna: Total Vessel Losses Down by 57% Over the Past Decade

  • Vermont’s Provost: Retiring After More Than Two Decades, but Happy to Pass the Captive Torch

  • Vlogging, Work Pressures Accelerate Potential for Distracted-Driving Accidents

  • Aon’s Bowen: La Nina Conditions Could Create Another Above-Average Hurricane Season in 2022

  • Author: When Integrating Technology, Companies Risk Becoming Tech-Shackled

  • Poulton Associates CEO: More Innovation Needed to Create Insurance Mechanisms for the Public Good

  • Wharton’s Kousky: Enhanced Building Codes, Rebuilds Needed to Mitigate Disaster

  • War in Ukraine Has Cyber Insurers on High Alert

  • MPL Association’s Atchinson: ‘Considerable’ Amount of Risk Moving Into the Alternative Market

  • Author: Industry Professionals’ Success Stories Help New and Struggling Agents

  • Bermuda BDA’s Weinstein: Any Progress From Florida’s Special Legislative Session Would Be Welcome

  • Ever-More Connected Risks Are Raising Stakes for Risk Managers

  • Panel: Systemic Cyberrisk Has ‘Cascading Effects Across Multiple Domains’

  • ProAssurance Corp. CEO: Pricing, Inflation, Large Jury Awards Hold MPLI Sector in Flux

  • Author: Annuities Can Help ‘Constrained Investors’ Manage Risk

  • New Facility Will Lab Test for a Potential Category 6 Hurricane Designation

  • Panel: Unlocking Insurance Value From Data at Speed

  • Limra’s O’Donnell: COVID-19, Labor Market Fuels Rise in Workplace Benefit Sales

  • NAIC: Newly Developed Technology Simplifies Home Inventories for Consumers

  • Foresters Financial: New App Inspires and Rewards Healthy Lifestyles

  • Rising Sea Levels Expected to Pose Significant Risk to US Coastlines by 2050

  • Swiss Re’s Junge: 2021 Global NatCat Loss Reached $270B and Insurance Covered 43% of It

  • Rising Interest Rates Expected to Help Insurers’ Investment Portfolio Yields

  • Aon Edge's Dickson: 'Opacity' Still Missing From Federal Flood Program

  • ICMIF's Tarbuck: Federation Celebrates 100th Anniversary With 200 Member Organizations

  • US Assure’s Ferguson: 2022 Economic Issues to Shape the Construction Industry

  • Exdion's Ram: Pandemic Leads to Digital Wave for Brokers

  • St. John’s Taps Progressive CEO Griffith as First Woman Insurance Leader of the Year

  • The Importance of Field Investigations in Commercial General Liability Claims

  • Emerging Risks Panel: New Exposures Call for Parametric, Other Developing Tools

  • RIMS RISKWORLD Executive Panel: 2021 Was a Tipping Point for ESG

  • Panel: Cyberrisk Forces Organizations to Examine Resiliency, Exposures, Policy Language

  • RIMS President: RISKWORLD Conference Name, Content Reflect Globalization of Risk Management

  • Foresight: New App Digitalizes Workers’ Comp

  • Embroker’s Prymas: Everyone Is a Cyber Target

  • Author: Insurance Agents Must Transition From Generalists to Specialists

  • Saint Joseph's University Team Wins AM Best 2022 Student Challenge

  • CyberCube’s Altman: Insurers, Reinsurers Must Tighten Defenses Against Potential Russian Cyberattacks

  • FIU’s Olson: Prototype Facility Will Test Forces of a ‘Category 6’ Hurricane

  • Scor’s De Sousa: Social Responsibility Is Driving Changes in Mortality, Future Life Insurance Costs

  • McKinsey’s D’Amico: Amid Declining Profitability in the Industry, Agility Is Key

  • VCIA President: Outlining Initiatives to Chart a New Course for the Association

  • Panel: How to Leverage Traditional and Non-traditional Data Sources

  • New York Life’s Ball: Younger Generations Are Increasingly Creating Financial Nest Eggs

  • Author: Culture Is Key to Driving Results, Employee Engagement

  • Pandemic, Cyber, the Great Resignation Top Many Insurers' 2022 Risk Lists

  • Zurich North America CRO: Climate Risk Tops Global Business Owners’ Concerns in 2022

  • Chubb’s Naughton: Water Damage an Overlooked Risk for Homeowners, Renters

  • Foresight Executive: Industry Working to Juggle Risk Management Amid COVID-19