Articles by Susanne Sclafane

Chief Risk Officers Believe U.S. Coronavirus Losses Could Top S&P’s $15-$30B Estimate

Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the $15-$30 billion range. However, risk officers speaking at a rating agency conference last week said the estimate is light. S&P …

Property Market Eyes New Entrants from China, Berkshire

Although new competitors are entering the U.S. property insurance market and alternative capacity is moving into the reinsurance space, neither trend has yet to move the needle on primary insurance pricing, executives said at the Advisen Property Insights Conference. Speaking …

Text-Mining Analysis Links Drug-Impaired Driving To Higher Injury Rates

“On medication” may not be one of the check boxes on carrier claims forms, but by hunting for such a description in adjuster notes, auto insurers can improve their results, a consultant reports. Philip Borba, a principal and senior consultant …

The Underwriting-Claims ‘Disconnect’ In Casualty Insurance: An ERM Issue?

There are good business reasons why claims and underwriting professionals of casualty insurance carriers don’t talk to each other about claim denials, underwriting executives said last week, with one offering enterprise risk management as part of his explanation. “There’s a …