From the I.I.I. Daily: Our most popular content, April 12 – April 19

Here are the 5 most clicked on articles from the I.I.I. Daily newsletter.

1. These childhood hobbies may have helped Warren Buffett become a billionaire, CNBC
2. Geico ordered to pay $23M to Southern California motorist, Seattle Times
3. Blockchain Panel Part 1: How Blockchain Will Link a New Insurance Value Chain, A.M. Best Video
4. Retirement Insurance Products Are Disappearing. And That’s Dangerous, The Wall Street Journal blog
5. Legal Industry Targets Insurance Employers, Insurance Business Magazine

 

 

 

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From the I.I.I. Daily: Our most popular content, April 12 – April 19 was originally posted by ClaimsMate.com Insurance Information Resources

The Week in a Minute, 4/19/18

The III’s Michael Barry briefs our membership every week on key insurance related stories. Here are some highlights. 

 

One passenger was killed, and seven others were injured, after a Southwest Airlines plane engine blew apart about 20 minutes after leaving New York City’s LaGuardia Airport on Tuesday, April 17.  U.S. commercial airlines had not had an accident which led to a passenger’s death since February 2009.

A winter-like April storm brought to Green Bay, Wisconsin its second-highest snow total ever.  Minnesota, Michigan, and Illinois were also hit by heavy snowfall over the past week.

The U.S.’s January 3-5 and March 1-3 snowstorms, as well as the nation’s tornadoes and hail storms of March 18-21, each generated...

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The Week in a Minute, 4/19/18 was originally posted by ClaimsMate.com Insurance Information Resources

From the I.I.I. Daily: Our most popular content, April 5-11

Here are the 5 most clicked on articles from the I.I.I. Daily newsletter.

• 2018 Fact Book release
• Dog Bite Liability Claims by State – Interactive Map
• 10 Unbelievable Events Homeowners Insurance Actually Covers
• Spotlight on: Dog bite liability
• Blockchain is not only crappy technology, but a bad vision for the future

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From the I.I.I. Daily: Our most popular content, April 5-11 was originally posted by ClaimsMate.com Insurance Information Resources

Insurance Information Institute Releases 2018 Fact Book

This week the Insurance Information Institute (I.I.I.) has published its 2018 Insurance Fact Book, the industry’s go-to resource for businesses, journalists, policymakers, researchers, and students. Providing comprehensive statistics indexed by state and insurance categories, the Insurance Fact Book allows its readers to understand the industry at a glance.

“The 2018 I.I.I. Insurance Fact Book was developed for use by anyone needing in-depth knowledge of the power that is the insurance industry,” says Sean Kevelighan, Chief Executive Officer of the Insurance Information Institute. “For nearly six decades, the Fact Book has been the essential reference resource on insurance. After record natural catastrophe losses in...

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Insurance Information Institute Releases 2018 Fact Book was originally posted by ClaimsMate.com Insurance Information Resources

The digitized customer claims journey – a roadmap to success

Competition for customers is fierce, so incumbent property/casualty (P/C) insurers must hustle to integrate digital technologies into their operations. Digitizing the claims experience holds great promise for the P/C industry both in terms of customer experience and cost savings.

McKinsey and Company has recently released a report about planning for a successful claims digitization process. The essential elements needed to digitize and transform claims include developing a new value proposition that sets a high-level aspiration (and getting managers to buy in) and pursuing an end-to-end digitization of the claims customer journey.

A truly innovative customer journey can be achieved by integrating with three other areas—AI and digital...

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The digitized customer claims journey – a roadmap to success was originally posted by ClaimsMate.com Insurance Information Resources

The need for sustainable and resilient infrastructure: lessons from Puerto Rico

Puerto Rico is still suffering the devastating aftereffects from 2017 hurricanes Irma and Maria. Rebuilding the island will cost up to $50 billion according to a recent statement by FEMA head, William “Brock” Long.  Many residents are still without power and the new hurricane season is just around the corner.

The situation in Puerto Rico is a warning to North America of what could happen If we fail to address our outdated and crumbling infrastructure, according to a new report from Zurich North America.

The report, Rebuilding Infrastructure: The Need for Sustainable and Resilient Solutions, points out that during the years leading up to Hurricane Maria, Puerto Rico’s infrastructure had been in increasing need of routine...

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The need for sustainable and resilient infrastructure: lessons from Puerto Rico was originally posted by ClaimsMate.com Insurance Information Resources

From the I.I.I. Daily: Our most popular content, March 28-April 4

Here are the 5 most clicked on articles from the I.I.I. Daily newsletter.

• Why ‘Big Data’ will force insurance companies to think hard about race, R Street
• Global insurance M&A themes 2018. Moving from optimization to transformation, EY
• Impact of gender, organized athletics, and video gaming on driving skills in novice drivers and Big data and insurance: Implications for competition, innovation and privacy, PLOS One
• If the Falling Chinese Space Station Hits You, Is Anyone Liable? Live Science
• Guns in schools: Insurance premiums could present hurdle in arming teachers, NBC News

 

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From the I.I.I. Daily: Our most popular content, March 28-April 4 was originally posted by ClaimsMate.com Insurance Information Resources