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Allianz Executive Warns Businesses Must Be Ready for Rising Social Unrest

Also, industry professionals discuss Tornado Alley shift, lack of disability insurance and a surge in auto telematics adoption.
  • August 2022

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Srdjan Todorovic

Allianz: Businesses Must Prepare for Rising Social Unrest

The cost-of-living crisis, on the heels of the pandemic and social media amplifications, has created an environment ripe for civil unrest, said Srdjan Todorovic, head of Global Political Violence & Hostile Environment Solutions at Allianz.

Steve Bowen

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

A shift in Tornado Alley to the south and east could bring increased property, crop, auto and other losses to states such as Alabama, Mississippi and Kentucky, while states in the central U.S. might soon see fewer insured losses.

Elaine Tumicki

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

One-fourth of Americans say they would withdraw money from their retirement accounts or incur withdrawal penalties if they are disabled and need money to replace lost income, said Elaine Tumicki, corporate vice president, LIMRA.

Michelle Jackson

TransUnion’s Jackson: Inflation Pushing Insurance Consumers Toward Telematics

Inflation drove a 33% surge in auto telematics adoption in the first quarter of 2022, said Michelle Jackson, senior director, personal property and casualty, TransUnion, referencing a new study.


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ProAssurance Corp. CEO: Pricing, Inflation, Large Jury Awards Affecting MPLI Sector

Also, AM Best audio explores how carriers are streamlining the auto claims process.

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

Abundant capacity is seen as a price depressant across the medical professional liability insurance sector, said Edward L. “Ned” Rand Jr., chief executive officer, ProAssurance Corp.

Workflow Solutions Changing Auto Claims for Carriers

Tanner Sheehan, vice president and general manager, U.S. claims at LexisNexis Risk Solutions, discusses how carriers are making the claims process fast, efficient and fair.


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