Dr. Robert Hartwig gave a presentation to the Workers Compensation Research Institute in Boston, MA on March 16, 2022 on the impact of COVID-19 disruptions on the workers compensation line. The Standard, New England's insurance newsmagazine, highlighted this presentation. Hartwig … [Read more...] about The Standard 4/1/2022- Inflation Rooted in Supply Chain Issues, Exacerbated by Policy, Wages and War, Says Hartwig
Spring 2022 RMI Newsletter
Click here to view the Spring 2022 Newsletter in your browser. … [Read more...] about Spring 2022 RMI Newsletter
NBC News 3/5/2022- Businesses worldwide are cutting off Russian trade
Dr. Robert Hartwig was reached out to by NBC News on how the pullback of insurers from marine, aviation, energy and other risks in (and related to) Russia is amplifying the economic pressure of economic sanctions. Hartwig said, "Insurance is very much the lubricant to the global … [Read more...] about NBC News 3/5/2022- Businesses worldwide are cutting off Russian trade
S&P Global 1/26/2022- Insurtech fundraising may be more challenging in 2022 after record-setting 2021
Insurtech companies had a record setting year in 2021 in terms of fundraising and valuations. This may be difficult to replicate with rising interest rates and the challenges publicly traded insurtechs are facing. S&P Global contacted Dr. Robert Hartwig who said rising … [Read more...] about S&P Global 1/26/2022- Insurtech fundraising may be more challenging in 2022 after record-setting 2021
CFO 1/19/2022- 2022 Interest Rates Outlook: Fed Tightening Is Not Risk-Free
CFO's 2022 interest rate outlook highlighted multiple perspectives on the likely economic impacts of the Federal Reserve increasing interest rates. Dr. Robert Hartwig believes "a strong, growing economy, the stock market's resilience, and still-low bond yields prove the Fed could … [Read more...] about CFO 1/19/2022- 2022 Interest Rates Outlook: Fed Tightening Is Not Risk-Free
Politico 12/30/2021- California continues to face wildfire risks. Insurers think they have an answer.
California has a wildfire problem that is causing price and availability issues in the state's property insurance markets. Insurers have a solution. Read Dr. Robert Hartwig's comments in Politico on how allowing insurers to use more forward-looking models is a potential path … [Read more...] about Politico 12/30/2021- California continues to face wildfire risks. Insurers think they have an answer.
A.M. Best 12/22/2021- Retiring Executive Chairman Tony Nicely ‘Made Geico What It Is Today,’ Industry Watchers Say
Read Dr. Robert Hartwig's comments to A.M. Best on the 12/31/21 retirement of Geico's Executive Chairman Tony Nicely here. Nicely served on the executive board when Hartwig was the president of the Insurance Information Institute (2007-2016). Hartwig said, "Tony Nicely was the … [Read more...] about A.M. Best 12/22/2021- Retiring Executive Chairman Tony Nicely ‘Made Geico What It Is Today,’ Industry Watchers Say
CFO 11/24/2021- CFOs Battle Margin Pressures and Production Delays
CFO highlighted three businesses in different industries (Polaris, Trussway Manufacturing, and Ulta Beauty) to illustrate the challenges many businesses are currently facing due to the combination of delayed supply chains and increasing commodity prices. Dr. Robert Hartwig said, … [Read more...] about CFO 11/24/2021- CFOs Battle Margin Pressures and Production Delays
Claims Journal 11/3/2021- Insurers Say Data Shows Low Credit Scores Predict Risky Driver Behaviors
Dr. Robert Hartwig was featured in a Claims Journal article regarding his recent white paper co-authored with the APCIA on the topic of behavioral drivers of auto insurance losses. Some consumer advocates say pricing decisions based on credit scores are inherently unfair. … [Read more...] about Claims Journal 11/3/2021- Insurers Say Data Shows Low Credit Scores Predict Risky Driver Behaviors
Co-Authored White Paper- “Behavioral Validation of Auto Insurance Rating Variables”
Dr. Robert Hartwig co-authored a white paper in conjunction with the American Property Casualty Insurance Association (APCIA) on the behavioral drivers of auto insurance losses. Read the entire paper below. … [Read more...] about Co-Authored White Paper- “Behavioral Validation of Auto Insurance Rating Variables”