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Wildfire Is Burning a Hole in Insurers' Pockets

Insurance executives, risk modelers and analysts examine the growing peril of wildfire, and what must be done to combat one of the hottest risks facing the industry.

Aug. 08, 2022

 

 

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  • 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

  • Insurers Are Banking on Insurtechs to Create New Solutions for Old Problems

  • PwC’s Carr: Insurance Executives Must Make Deliberate, Aggressive Strategic Choices

  • Liberty Mutual’s Perez: Shock Verdicts Having Adverse Impact on Insurance Industry

  • Beazley: Despite New and Ongoing Risks, Business Leaders Feel More Resilient This Year

  • Pandemic Changes the D&O Risk Profile, Creates New Exposures

  • QBE: Technology Mitigates Losses From Some Water Damage, Inconveniences of Home Inspections

  • Clyde & Co: What Attorneys, Insurers Should Know Amid Rise of Shock Verdicts

  • Conference Goers to Gather in Person Again

  • Limra CEO: A Significant Life Insurance Coverage Gap Remains Among Black Americans

  • Allianz Global Corporate & Specialty’s Christie: Cyber Incidents Top Allianz Risk Barometer

  • How Active Risk Management Drives Better Insurance Underwriting

  • What Insurers Need to Know About Next-Gen Cyber Threats

  • Swiss Re's Holzheu: Third-Party Litigation Funding Driving Up Premiums

  • IICF: Online Resource Attracts Nontraditional Job Seekers

  • CNA’s Hernandez: Winter Storms Mean Huge Insurance Losses

  • Conning: Insurers Becoming More Engaged With ESG