Insurance Industry Information
Nuclear Verdicts®, Social Inflation, and Why They Matter to the Insurance World
Everyone sees the billboards. Law firms are marketing the large settlements and verdicts that they have secured. How are they getting those awards? Sometimes it's a settlement, but sometimes it's awarded by a court. When the court hands down a decision awarding $10 million or more, that's considered a nuclear verdict, according to some definitions. These Nuclear Verdicts® and the social inflation that they contribute to are the subjects of this session. Join us as Laura Gregory and Tim Fletcher help us to understand these concepts and help us to understand why we should care.
Technology-Enabled Insurance Commerce: Looking Back, Reaching Forward
Have you ever noticed that the insurance and technology worlds seem to have an odd relationship? It's as if their parents told them that they should get along and they do when people are watching, but when no one is looking, they fight.
Maybe it's not that bad, but there have always been technological tools available to the insurance world, which has historically been one of the most data-driven industries. Join us as author Barry Rabkin details this interesting relationship with information that's included in his book, From Stone Tablets to Satellites, available on Amazon.
The Sinking Florida Property Insurance Market: A Panel Discussion
Patrick Wraight, Academy Director, is bringing together four experts to discuss Florida, what happened in property insurance in 2022, what might happen in 23, and what it may mean for the rest of the country.
Humans and Machines - The Next Insurance Revolution
At its core, insurance is a people business. We help handle the risks that people face. We are people who sell, underwrite, adjust claims and more for other people. So what does the future melding of people and technology hold? Probably not something Borg-like, but join us as Abi brings her session about the combination of people and machines.
Fiduciary Liability Updates for 2022
Litigation arising from the management of employee benefits plans has increased dramatically over the past couple of years. New federal laws, regulations, guidelines, and established case law, as well as increased compliance audits by the Department of Labor are expected to escalate the risks to an even higher level in 2022. Join us as Frank Pennachio helps guide us through this important topic.
Reinsurance 101: An Overview of Reinsurance Concepts
Reinsurance is a critical part of the insurance landscape. Carriers need reinsurance to have the capacity to write certain risks and maintain a level of stability. Join us as Crystal Uebelher helps us with this primer on the basics of reinsurance.
A Case for Diversity, Equity, and Inclusion in Your EPLI Toolkit
When Diversity, Equity, and Inclusion goals are prioritized during employee hiring, promotion, evaluation, and development, better outcomes can be realized for retention. These activities are often the source of EPLI losses stemming from failure to promote, negligent evaluation, deprivation of career opportunities, and wrongful termination. The ability to craft and communicate a commitment and strategy with DEI benchmarks may have favorable impacts on EPLI premiums and reduce loss frequency and severity. Join us as Precious Norman-Walton guides us into the EPLI implications of DEI on employers.
Understanding Loss Sensitive Plans
Some insureds are very happy using guaranteed cost insurance policies, but others can benefit from a more complex insurance program. Join us as Richard Faber discusses large deductible plans, retroactive rating systems, and other loss-sensitive insurance plans.
Understanding the Financial Underpinnings of the US P&C Industry - What's the Rate Prognosis for 2021?
This class is geared to the insurance executive that wants a solid understanding of the direction of the current business cycle. What is the financial health of the US P&C industry? Are we headed into a hard market or a soft market?
Join us as David Paul helps us to understand the financial wellbeing of the P&C market. This is a must-see class if you're an insurance executive, or want to be.
Autonomous Vehicles
Is it possible that there will be self-driving (autonomous) vehicles on our roads soon?
It's not only possible, it's happening now. Varying degrees of autonomous vehicles are traveling down the highways around us. From the car that can keep itself from drifting out of lanes to the car that uses radar to match the speed of the slower moving vehicle in front of it to the fully autonomous vehicles that are being tested on roads in cities all around the United States, autonomous vehicles are here.
Join us as Brenda Wells helps us to understand the state of autonomous vehicles and their insurance implications.