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About the Company 

Who we are and how we help property insurers and agents throughout the U.S.

CEO Perspective

Engaging thought leadership on key insurance industry issues from our CEO 

Meet the Team

Get to know the team of property insurance experts at WSRB, our parent company 

InsuranceEDGE

Keep up with changes in the P&C industry with our weekly newsletter. 

Underwriting Guide to Cannabis & Hemp

An underwriter’s guide to risk and how to protect against it.

BuildingMetrix Blog

Learn about key insurance trends and how data helps you navigate them.

Agency Guide to Earthquakes

Help your customers understand and be covered for earthquake risk.  

Case Studies

Discover customer success stories powered by BuildingMetrix solutions.

A Guide to Geospatial Technology

Harness the latest tools to achieve your underwriting goals.  

Help Center

Get step-by-step how-to articles on all BuildingMetrix data products. 

A Guide to Wildfire Risk

Everything you need to know about managing this growing risk.
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InsuranceEDGE

December 9, 2021

Headlines
 
 
 
Smoke Alarm
Learn how new UL standards for smoke detectors will help prevent false alarms caused by cooking and keep people safer.
 
 
A.M. Best & Co. Inc. said it has revised its outlook for the U.S. commercial lines insurance segment from negative to stable, citing favorable COVID-19 business interruption rulings for insurers among other factors.
 
 

 

Business
 
 
 
Catastrophe reinsurance rates will likely rise by more than 10% during year-end renewals, rating agency Fitch Ratings Inc. says.
 
 
Even with a $43 million premises liability verdict against CVS Pharmacies, the company is unlikely to make major improvements.
 
 
The strategy involves requiring homeowners to sign what’s called a “Direction to Pay,” and it gives contractors the right to bill insurance companies directly for their repair services.
 
 
Data from the latest Reinsurance News market survey shows that protection buyers are planning to purchase more reinsurance and retrocession next year.
 
 

 

Education
 
 
 
The San Francisco Municipal Transportation Agency (SFMTA) tested traffic interventions aimed to reduce unsafe left turns at seven high-crash test intersections - it found a 17% reduction in average speed and a 71% reduction in cars turning left at higher speeds than 15 mph.
 
 

 

Environment
 
 
 
New results show North Atlantic hurricanes have increased in frequency over the last 150 years. However, scientists have questioned whether this upward trend is a reflection of reality, or simply an artifact of lopsided record-keeping.
 
 
Proposed developments in Conifer and Colorado Springs, CO have raised concern over wildfire preparedness as fires become more intense and the state continues to grow.
 
 

 

Innovation
 
 
 
Self-driving tech startup Nuro said on Wednesday it was rolling out California's first commercial autonomous delivery service in partnership with 7-Eleven.
 
 

About InsuranceEDGE

 

 

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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Topics:industry trendsfire safetyweather-related risk

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