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February 1, 2013

  Top Story 
  • Experts: Carriers must do more to benefit from predictive analytics
    Insurers need professionals who can interpret data and for their information-technology teams to be swift in creating and deploying predictive models, experts say. Carriers pursuing predictive analytics with limited data resources can include public data to keep up with "resource-rich insurers," a Towers Watson study says. (1/31) LinkedInFacebookTwitterEmail this Story
Crunching the Numbers
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  Industry News 
  • Execs: Risk managers must address C-suite concerns on captives
    Risk managers will be more likely to get executives' support for forming a captive insurer if they present the idea based on the priorities and concerns of the C-suite, two speakers said at an industry event. John Alberici, chairman of a construction firm, said he was persuaded to create a captive after realizing that his firm's margin would benefit if insurance costs were lowered. "So for me it made sense to attack it from that side," he said. Business Insurance (tiered subscription model) (1/31) LinkedInFacebookTwitterEmail this Story
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  Catastrophic Risk 
  • Other News
  Policy and Law 
  • Fla. lawmakers ready a property insurance overhaul
    Lawmakers intend to reveal a draft of legislation that seeks major changes to Florida's property insurance market. Preparing a proposal that will get the support of the Legislature would be difficult, said David Simmons, chairman of the Senate Banking and Insurance Committee. Democratic lawmakers say they expect to fight any measure that could drive insurance-rate increases. Insurance Journal (1/31), Insurance Journal (1/31) LinkedInFacebookTwitterEmail this Story
  Association News 
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