Inside the AI modeling race reshaping catastrophe risk
Peggy Brinkman, a principal actuary at Milliman, maps the trajectory: from univariate actuarial techniques, through generalized linear models, to gradient…
Author: insuracarelife.com
Californians to Celebrate America’s 250th Birthday with Festive California Dairy-Inspired Recipes
CALIFORNIA NEWSWIRE (TRACY, Calif.) — As Americans prepare to celebrate the nation’s 250th birthday, Real California Milk is helping families…
Why some insurers are using imprecise methods for risk analysis – and who gets hurt
That is the central finding of “How Are Insurance Markets Adapting to Climate Change? Risk Classification and Pricing in the…
Apple and Tesla trade secrets exposed as Tata hit by cyber breach
What researchers found inside the dump is hard to dismiss. Security experts who reviewed portions for Reuters found files labeled…
IIHS crashworthiness tests save nearly 50,000 lives since program’s launch
Advancements made in pursuit of good ratings from IIHS have had a dramatic effect on vehicle…
Strait of Hormuz signals new maritime order, Allianz warns
The claims tail may prove to be long. Even before the conflict, the International Union of Marine Insurance (IUMI) projected average…
Breakthrough At-Home Vision Testing Platform Reinvents the Eye Exam, Available Partnership and Acquisition Relationships
CALIFORNIA NEWSWIRE (LOS ANGELES, Calif.) — ProNova Partners, a 17-year-old Mergers and Acquisitions firm, has announced it has been retained…
No cover, no buyers: the insurance gap that stopped a $1.6bn Surfside tower in its tracks
The legacy that changed the underwriting room The broader significance of the Surfside anniversary for the industry lies not in Damac’s struggles…
Cover Whale launches Breakwater Markets wholesale brokerage with senior transportation hire
A hard market driving demand for wholesale capacity The launch comes against a challenging backdrop for commercial transportation insurance. According…
GEICO sues Queens pharmacy over alleged $1.2 million no-fault scheme
For claims teams, the alleged playbook is the story. GEICO says the pharmacy zeroed in on a few pricey topical…