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When Two Cat Models Diverge and Neither Is Right, What Path Does an Underwriter Take?
By Andrew Zastrow, CPCU, ARe Jun 17, 2019 English
In our fast-paced, data-driven world, underwriters are increasingly dependent on Cat models to price individual risk locations. But can underwriters price an individual location accurately by using a model? Should they rely on one model, or average the...
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Another Bad Faith Auto Case - But Favorable to Insurers
By Tim Fletcher Apr 15, 2019 English
These days, it’s rare that court decisions involving bad faith are favorable toward insurers. However, the Georgia Supreme Court recently provided a bright spot in an area darkened by adverse legal developments for claims professionals. At issue was whether...
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A Ferry and Bulk Carrier Collision - Four Points of View
By Beth Breton Apr 10, 2019 English
I recently returned from the American Bar Association’s Admiralty and Maritime Law Committee meeting in New Orleans (March 22-23) where our panel discussion examined the various issues and tasks that should happen following a serious collision between...
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Fraud, Extortion, Intimidation - A Homeowners Cyber Policy Can Protect You
By Molly Corbett Mar 27, 2019 English
The extortion emails were the first sign of what was to come. Nearly four years ago, a client contacted us regarding unusual claims filed by insureds. When logging in to a personal home computer, a homeowner, was greeted by a frozen screen and a pop-up...
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