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Tuesday 19 November 2013

2013 Hurricane Season a 'Bust' | Analytics: Who Gets Royal Treatment? | Turkey Dynasty

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PropertyCasualty360 Daily eNews
November 19, 2013 PropertyCasualty360.com
First Notice
2013 Hurricane Season 'One of Largest Busts' Ever for CSU Forecasters
By Chad Hemenway, PropertyCasualty360.com
This year—the quietest for hurricanes since 1995 and the first time in nearly two decades there wasn’t a single major storm (Category 3 or greater)—Phil Klotzbach and mentor William Gray struck out.…Read more
Industry News
RMS: Midwest Storms Could Cost $1 Billion
By Anya Khalamayzer
Adding to an unusual year for U.S. weather, the weekend's Midwest tornado outbreak could be the most expensive storm event to have occurred in November. …Read more
In a Kingdom Full of Customers, Analytics Tell Insurers Who Deserves the Royal Treatment
By Michael P. Voelker
The customer may be king, but insurers can’t afford to treat every customer like one. Knowing who to retain, who to target for up-selling and who deserves royal treatment are goals behind today’s customer analytic solutions.…Read more
Turkey Dynasty
By Caterina Pontoriero, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com
State Farm has teamed up with Si and Jase Robertson, members of the Duck Commander family and stars of the hit A&E program Duck Dynasty, to offer safety tips for properly frying a turkey in a new video titled “Hang On A Minute with Jase and Si Robertson.”…Read more

For 150 years, we have insured some of America's most iconic moments. We take pride in protecting the dreamers, inventions and buildings that make this country what it is today. Read more about our role in our country's history.

FEMA Files to Dismiss Mississippi Lawsuit to Stop Flood Rate Hikes
By Arthur D. Postal, PropertyCasualty360.com
FEMA says Mississippi lacks standing to sue the federal government for raising flood insurance premium rates, and has not demonstrated that it will suffer “imminent, irreparable injury” absent an immediate delay in implementing the rate hikes. …Read more
Printer Risk, Now in 3D!
By Anya Khalamayzer, PropertyCasualty360.com
Insurers and litigators are scrambling to wrap their heads around the implications of 3D printing technology.…Read more
Lawsky: Industry Can Do More Than Transfer Risk; It Can Create Positive Change
By Phil Gusman, PropertyCasualty360.com
The insurance industry can be more than just a way to deal with risk in society, and can be used as “a catalyst for positive change in society,” New York’s top regulator says. …Read more
ACE’s Greenberg: Industry Shouldn’t Be So Quick to Turn to Government for Help
By Phil Gusman, PropertyCasualty360.com
To remain relevant in a changing world, insurers must assume relevant amounts of risk in areas that matter to clients and resist the temptation to accept government involvement in difficult areas, according to ACE CEO Evan Greenberg.…Read more
Recent Legislative and Regulatory Updates Set Expectations for 2014
By Kathy Donovan
Mandates from Connecticut, New York, and Rhode Island may prompt insurers to adjust existing emergency policies and procedures.…Read more
Central Insurance Explains: What to Do After an Auto Accident
By Staff Writer
Central Insurance explains the steps a driver should take after a car accident—tips agents might want to pass along to insureds.…Read more
7 Steps to Productive Meetings
By Fritz Koehler
Avoid wasting time and stay on task with this meeting outline.…Read more
Perspective
By Greg Horn
Auto Parts Performance: Numbers Don’t Lie, But They Can Mislead
By Greg Horn
Misunderstood metrics and appraisers trying to ‘game’ the system can obscure physical damage estimating performance.Read more
Editors' Picks
Washington Insurance Commissioner Ousted
State Farm and Shatner: Live Long and Don't Hurt Yourself Frying a Turkey
AIR: Insured Losses from Typhoon Haiyan Up to $700M
Lawsky: Regulation Focused More on Punishing Past Than Protecting Future
Tornadoes, Severe Storms Devastate Midwest
Comment of the Day

November severe weather in the Midwest is not very unusual. In fact, Mid-October to Late November are well established to be the "second season" of severe weather.

Bryan Wood , Explosive Storm System Strikes Midwest, Tornadoes Level Towns

Featured Lines

Environmental Insurance

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