The Wall Street Journal posted a recent article about the Tulsa massacre that took the lives of dozens of Black residents and resulted in at least 70 property owners filling insurance claims, including Loula Williams, owner of Williams Dreamland Theater. Many of the claims were … [Read more...] about The Wall Street Journal 5/29/2021- Insurance Exclusions Left Black Tulsans Footing the Bill for the Massacre
USAA, a San Antonio property and casualty insurance company, increased advertising spending by 38 percent from 2019 to 2020. The San Antonio Express News analyzes the increase in a recent article. Dr. Robert Hartwig explained that this is for a simple reason: the size of the … [Read more...] about San Antonio Express News 5/20/2021 – Ad spending soars at San Antonio’s USAA as membership gains shrink
Many insurers, although starting to use telematics in pricing decisions, still mainly rely on proxies like credit score and employment status. Carrier Management discusses how InsurTech innovation by companies like Loop and Buckle are trying to move away from this practice. … [Read more...] about Carrier Management 5/18/2021- An Alternative View: Crediting Credit Scores
Loop, a managing general agency, is planning on selling auto policies with premiums based on a combination of telematics produced driving behavior and AI data on unsafe road conditions. Read more about Loop in Carrier Management's article here. Carrier Management reached out to … [Read more...] about Carrier Management 5/18/2021- Is Loop the Future of Automobile Insurance?
The Post and Courier reported on a recent study conducted by Health Affairs that shows urgent care centers are a significant cost to the U.S. health care system. The study reports that 37 urgent care visits were associated with only one fewer visit to the emergency room. Dr. … [Read more...] about The Post and Courier 4/19/2021- Urgent care has proliferated across SC as new research raises questions about cost
Chubb made an unsolicited $23.2 billion bid for The Hartford. As Dr. Robert Hartwig points out, there are commercial lines synergies, but "he described the Chubb proposal as a chess game by CEO Greenberg, with the commercial lines business being the initial move of the pawn in a … [Read more...] about Insurance Journal 3/19/2021- Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
The National Association of Mutual Insurance Companies (NAMIC) podcast invited Dr. Robert Hartwig to share how COVID-19 has impacted the insurance industry and the challenges the that lie ahead for the industry. Listen to the podcast here. … [Read more...] about NAMIC Insurance Uncovered Podcast 3/10/2021- COVID-19 One Year Later
Click here to view the Winter 2021 Back to School Newsletter in your browser. … [Read more...] about Winter 2021 RMI Newsletter
Dr. Robert Hartwig and Dr. Ai He, a finance professor, were both quoted in the 2020 issue of the Darla Moore School of Business’ Moore Magazine. They are featured on pages 20-22 in an article, "Weathering the Storm," about research on natural disasters having lasting impacts on … [Read more...] about Moore Magazine 2020 Issue- “Weathering the Storm”
The Moore School of Business' RMI program was named the fourth largest risk management and insurance school in the U.S. by Business Insurance, as mentioned in a previous post. This accomplishment was highlighted on the Darla Moore School of Business website. “The Moore School’s … [Read more...] about Darla Moore School of Business Website 12/21/2020- Risk management and insurance program named the fourth largest in U.S.