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BestWeek - June 7, 2021 Edition
The ransomware attack on the Colonial Pipeline caused real-world impact when the 5,000- mile U.S. fuel pipeline was shut down for six days. Now cyber insurers and observers are questioning how to respond to a world in which ransomware attacks are increasingly sophisticated, faster and more expensive.
June 07, 2021 - 20 Pages       
BestWeek - May 31, 2021 Edition
Profitability remains elusive for most property/casualty insurtech carriers as they develop and take diverging paths to growth, from expanding lines and geography to forming partnerships, making acquisitions and delving into cryptocurrency.
May 31, 2021 - 22 Pages       
BestWeek - May 24, 2021 Edition
Profitability remains difficult for a medical professional liability insurance market beset by inadequate rates, depressed demand and the challenges of the COVID-19 pandemic, according to market participants.
May 24, 2021 - 28 Pages       
BestWeek - May 17, 2021 Edition
As homeowners and commercial property insurance markets reel from an uptick in natural catastrophes and extreme weather, renewable energy projects such as solar and wind farms also are feeling the heat.
May 17, 2021 - 29 Pages       
BestWeek - May 10, 2021 Edition
Florida property insurance companies are pulling out all the stops — raising rates, pulling out of markets, trimming risks they’ll cover and joining criminal investigations — to stop the financial bleeding they say is being driven by a surge of lawsuits.
May 10, 2021 - 27 Pages       
BestWeek - May 3, 2021 Edition
The International Financial Reporting Standard 17 may radically recast the way many insurers report to external financial stakeholders, but shouldn’t change the nature of their business, according to an AM Best TV panel.
May 03, 2021 - 27 Pages       
BestWeek - April 26, 2021 Edition
Organizers are using COVID-19 lessons learned last year to improve and expand industry events that remain largely virtual or hybrid, although nearly all fall events could return to live gatherings.
April 26, 2021 - 28 Pages       
BestWeek - April 19, 2021 Edition
A reckoning over the fairness and reliability of big data and artificial intelligence in insurance may be stirring as state regulators key in on the issue following a year of racial justice movements and social unrest.
April 19, 2021 - 24 Pages       
BestWeek - April 12, 2021 Edition
SPACs Offer Insurtechs Opportunity as Sponsors Scramble for D&O Covers
April 12, 2021 - 26 Pages       
BestWeek - April 5, 2021 Edition
Insurance trade groups are expecting the virtual spring meeting of the National Association of Insurance Commissioners to be a “table setter” for the rest of the year as many of the subcommittees and work groups that normally meet during the weekend event are getting together before and after the spring meeting to accommodate its online-only format.
April 05, 2021 - 21 Pages