AM Best Audio Podcast AM Best Company
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- News
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Insurance news, interviews, rating announcements and more.
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AM Best: Heightened Risk Landscape Creates New Challenges for Reserve Management
AM Best Senior Industry Analyst Christopher Graham discusses a new Best's Special Report that finds management of emerging risks will be critical to ensuring that carriers are prepared for stresses posed by long-tail lines and their liabilities.
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Swiss Re’s Holzheu: 2023 Natural Cat Insured Losses Reach $108 Billion
Thomas Holzheu, chief economist, Swiss Re, discusses the company’s latest natural catastrophe sigma report that shows the types of events that lead to major losses, where those events took place, and the impact on the insurance industry.
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III CEO: Legal-System Abuse Hurts Insurers, Consumers
Sean Kevelighan, CEO of the Insurance Information Institute, discusses how so called nuclear verdicts, litigation funding and other legal-system abuse drive up claims costs and ultimately lead to higher premiums for consumers.
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Insurance Regulators Sharpen Focus on AI, Machine Learning to Ensure Fairness
Theresa Young, CSAA Insurance Group; Michael Angelina, St. Joseph's College; and Steve Clarke, Verisk, said issues also arise from lack of regulation of third-party vendors, public adjusters, and service providers, which can lead to higher claim payouts than were anticipated in pricing.
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Author: Perseverance, Dedication, Leap of Faith Keys to Launching a Successful Insurance Business
In his book, Agent to Agent: Revealing the Story and Strategy for Insurance People, BI&I Group Vice President and Chief Operating Officer Leo Bados Jr. shares tips for building an insurance business and leading a team with confidence.
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Into the Breach: Plan Ahead for Cyberrisks
Tim Nunziata, vice president and head of cyber risk, Commercial E&O at Nationwide said that when it comes to a cyber incident, the idea of being able to put a plan in place post‑breach is not realistic.