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October 7, 2021 Edition

 
Headlines
 
 
 
Now is the time for those without a flood policy to purchase one before they have to buy at the revised risk rate.
 
 
Digital Insurance took the pulse of where the biggest insurers' usage-based insurance programs stand.
 
  
Business
 
 
 
Industries hardest hit by cybercrime have seen premium increases as high as 300% at renewal, Risk Placement Services Inc., a unit of Arthur J. Gallagher & Co., said in a report Monday.
 
 
Workers compensation held its reign over other property/casualty lines on underwriting profits in 2020, A.M. Best reported Wednesday.
 
The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and increased demand for cyber re/insurance.
 
 
Education
 
 
 
With fewer people on the road during the early days of the pandemic, more drivers were speeding and driving recklessly, resulting in more crashes being deadly.
 
 
Malmberg’s goats move around the country to work on different land-management projects. The animals clear noxious weeds and help with erosion control along rivers.
 
  
Environment
 
 
 
Climate change has returned to the top of the list of insurers’ biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease.
 
As North America approaches the end of the 2021 water year, the two largest reservoirs in the United States stand at their lowest levels since they were first filled.
 
  
Innovation
 
 
 
General Motors Co.’s Cruise and Alphabet Inc.’s Waymo self-driving car subsidiaries on Thursday became the first companies to receive autonomous vehicle permits to offer rides to passengers in California.
 
 

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Curated weekly by BuildingMetrix experts,  InsuranceEDGE helps you work smarter. You don't want to miss an issue. Get InsuranceEDGE delivered to your inbox every Thursday. BuildingMetrix is a WSRB company. 
 
 
 

 

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