Analysis

New data-driven models can help carriers achieve more accurate and profitable policy pricing for catastrophe claims.

A provision of CCPA creates statutory damages for security breaches. Thus, a spike in class action lawsuits is expected.

Measuring a policyholder's business interruption loss is one of the most contentious issues to arise from wide-impact catastrophic events.

Bills in several states could have a negative impact on insurance carriers and their fraud-fighting efforts.

Insurance claims offer carriers the best opportunity to influence the customer experience.

Trust, collaboration and networking are essential to the future of risk management and insurance.