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Insurance Journal: P/C Insurers’ Increased Reliance on Reinsurance Portends Premium Hikes

American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry.

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MarketWatch: Home Builders are Growing More Confident as Americans Demand More Housing

Home builders grew more confident this month, as demand for housing remained strong, in spite of the continued pressures from supply-chain backlogs and labor shortages.

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The Guardian: Palm Oil Land Grabs ‘Trashing’ Environment and Displacing People

Businesses and governments must stop the growing rush of commodities-driven land grabbing, which is “trashing” the environment and displacing people, says new research.

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Intelligent Insurer: Improving the Use of Data and Risk Analysis: Verisk

Verisk Underwriting has a long history in insurance and it is using this to help insurers make the best decisions and apply the most thorough analysis

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PRODUCTS: Building Material and Product Shortages, Changes in Price

The problems surrounding the purchase and procurement of residential building materials and products have escalated and proliferated to such a degree that there is hardly a supply chain left that hasn’t been impacted.

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NBC News: The New Steel? Hope and Fear as a New Plastics Factory Rises in Appalachia

Some see a plastics complex near Pittsburgh as a boon for a struggling region. Others fear a return to a toxic past for a product the world needs less of.

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Yahoo! Finance: The Supply Chain Crisis' Latest Woe: Cargo Theft That May Last as Long as the Backlogs Do

With a number of cargo containers bottlenecked at California's ports, another problem has ensnared the companies trying to ship goods, and the customers and shops waiting for those supplies. Theft.

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Carrier Management: Strong Gains as U.S. P/C Insurers Emerge From the Pandemic

U.S. property/casualty insurers saw their net income jump to $37.5 billion in the 2021 first half, up from $24.3 billion the year before, with gains coming as the country continued to recover from COVID-19’s economic disruption, according to a new report from the American Property Casualty Insurance Association and data analytics company Verisk.

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Banking Exchange: Spending in a Pandemic: A New Look at Changing Consumer Behaviors

The COVID-19 pandemic has upended virtually every aspect of life for American consumers, from how we engage socially and how we work to how we shop and play. 

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Wall Street Journal: Methane Regulations Are an Easy Win

Stricter federal methane regulations are probably one of the few areas where environmentalists, oil majors and the top oil lobbying group are all on the same page. That makes it a slam dunk for President Biden.

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Insurance Journal: Verisk Acquires Driver Data Company

Verisk Analytics, the global data analytics firm, has acquired North Carolina-based Data Driven Safety to expand its automobile insurance underwriting data business, Verisk announced.

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Artemis: PCS Launches Industry Loss Index & Estimates for Global Aviation

In the latest new product roll-out to its specialty insurance and reinsurance lines loss reporting services, Property Claim Services (PCS) will now provide data on worldwide aviation loss events.

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CBS News: Clogged U.S. Supply Chains Lead to Cargo Theft

As U.S. merchants grapple with clogged ports as well a shortage of truck drivers, warehouse workers and front-line employees, the supply-chain snarls are leading to another concern as the pandemic drags on: cargo theft.

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Digital Insurance: How to Enhance Efficiency in Auto Insurance Underwriting

These are challenging times for personal and commercial auto insurance leaders: Trends that were already in play have been accelerated by the COVID-19 pandemic, and the level of competition is forcing insurers to do more with less. 

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AM Best: How Insurers Profit by Serving a Diverse and Inclusive Customer Base

Some insurers are meeting demographic and societal changes by providing new products and services designed to serve diverse communities. Insurers say they want to reach consumers of all backgrounds who are searching for ways to protect their homes, their businesses and their lives.

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