People on the move in the P&C insurance industry: Jan. 5, 2018

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News from Assurant Inc., Franklin Street, Grinnell Mutual and more.
Source: 360 People on the move in the P&C insurance industry: Jan. 5, 2018

Move over millennials: Here comes Gen Z

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As Gen Z enters the workforce, here’s what you need to know to find the best talent.
Source: 360 Move over millennials: Here comes Gen Z

NTSB says speed control system could have prevented Washington state Amtrak crash

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The derailment of an Amtrak passenger train in Washington state last month that killed three people may have been prevented if a railway crash-avoidance technology mandated by Congress had been activated.
Source: 360 NTSB says speed control system could have prevented Washington state Amtrak crash

California says wildfires are making home insurance unaffordable

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More frequent and intense wildfires are making it harder for homeowners to find and keep in California, a state regulator warned Thursday.
Source: 360 California says wildfires are making home insurance unaffordable

IAG cuts its catastrophe reinsurance coverage

The firm finalises its 2018 catastrophe reinsurance program following quota-share deals with three global reinsurers


Source: Business Online IAG cuts its catastrophe reinsurance coverage

Comparator websites costing health insurers $200m a year, says Bupa leader

Comparator websites have been accused of diverting funds from healthcare and pushing up premiums


Source: Business Online Comparator websites costing health insurers 0m a year, says Bupa leader

How to be financially fit this 2018

Improving money woes will help Australians achieve their top two health goals this new year, says expert


Source: Insurance Business Online How to be financially fit this 2018

BoM: Weak La Niña persists

But is expected to last only until the early southern autumn of 2018


Source: Business Online BoM: Weak La Niña persists

2018 PetSure Scholarship winners named

Two young pet lovers gain entry to a veterinary-inspired school holiday program this January


Source: Business Online 2018 PetSure Scholarship winners named

10 Insurtech Trends At The Crossroads


The emergence of insurtech has reshaped the strategic agenda. Here are the top 10 insurtech trends as we enter 2018. Insurtech Trend #1 – Automation will replace human effort across the entire value chain. This is a trend that is not unique to . But it is a trend that will significantly affect the sector. This is because much of the industry still operates in pre-internet ways. It is also because many personal lines are being atomized. Small parcels of protection cannot be packaged and sold with human input and remain cost-effective. It is also because customers demand it.
Source: The Page – USA 10 Insurtech Trends At The Crossroads

Brain to Vehicle Tech, Nissan’s Car of the Future

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The world’s biggest carmakers and technology companies are spending billions of dollars to perfect your ability to drive without thinking. Nissan Motor Co. is taking a different direction – trying to “decode” your thinking so hands-on driving is more fun. …
Source: Journal USA Brain to Vehicle Tech, Nissan’s Car of the Future

Bitcoin Claims, Ransom Demands Skyrocket

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Hey, want those photos and files back? It may cost more than it used to. Thank bitcoin. Chubb Ltd., best known for catering to wealthy families and corporations, is among at least three insurers facing a jump in costs tied …
Source: Journal USA Bitcoin Claims, Ransom Demands Skyrocket

What insurance agents need to know about winter flood risks

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As temperatures drop and the of winter flooding increases, agents need to know how to best advise their clients on the risks.
Source: 360 What insurance agents need to know about winter flood risks

1400 Vehicles Torched In Liverpool¸ England Parking Garage Fire


Hundreds of cars were reduced to burned-out shells in a dramatic multi-story blaze in a parking garage on the waterfront of the northwestern English city of Liverpool on New Year’s Eve¸ emergency services said on Monday.Images showed the remains of vehicles and the building coated in thick¸ gray dust although no-one was hurt. The blaze even melted the concrete floor of the structure in part of the seven-floor block¸ rendering it unstable¸ firefighters said. All the estimated 1¸400 vehicles in the parking garage¸ which has 1¸600 spaces¸ were destroyed¸ Merseyside Police said.
Source: The Page – USA 1400 Vehicles Torched In Liverpool¸ England Parking Garage Fire

Motor State Michigan Tries to Accommodate Bikes

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In the capital of the U.S. auto industry, drivers have been slow to accept that more Americans are choosing bicycles over cars for commuting or for fun and exercise. While other states adopted bike-friendly safety laws to accommodate cycling’s soaring …
Source: Journal USA Motor State Michigan Tries to Accommodate Bikes

Massive winter storm threatens snow from Florida to Canada

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The worst winter storm of the season threatens to bring snow, ice and cold from Nova Scotia to Florida, including a foot or more in Boston and a few inches in Manhattan.
Source: 360 Massive winter storm threatens snow from Florida to Canada

Blizzard Conditions Contribute To Interstate Pileup Near Buffalo


At least one person was killed and another seriously injured in a multi-car pileup involving more than two dozen vehicles on the New York State Thruway near Buffalo¸ authorities said. Weather was a contributing factor in the accident¸ which involved between 15 and 25 cars and 10 tractor-trailers on the eastbound lane of Interstate 90 near Exit 49¸ New York State Police Public Information Officer Michael Cassella told ABC News. The injured patient was transported to a local hospital¸ Erie County’s Executive Mark Poloncarz wrote on Twitter. Others had to be extracted from their vehicles¸ Poloncarz said.
Source: The Page – USA Blizzard Conditions Contribute To Interstate Pileup Near Buffalo

Don’t risk lives by using illegal fireworks

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Victorians are being warned of the dangers of buying and using illegal fireworks this festive season.


Source: WorkSafe News Don’t risk lives by using illegal fireworks

Worker’s foot amputated after being crushed by crane

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A silo manufacturing company in Rochester has been fined $30,000 after a mobile crane ran over an employee’s leg and crushed his foot, which later had to be amputated.


Source: WorkSafe News Worker’s foot amputated after being crushed by crane

8 core levers risk managers can use to maximize liability protection

From a liability perspective, managing starts with making good decisions on the front lines.

Read more here:: Property Casualty 360