Media Quotes

The insurance industry is still struggling with how to best address terrorism risk two decades after the tragic events of September 11, 2001. Right after the attacks, the insurance and reinsurance companies that covered terrorism risk excluded it. Dr. Robert Hartwig, who at the … [Read more...] about S&P Global Market Intelligence 9/13/2021- Specter of terrorism risk still hangs over insurance industry decades after 9/11

On September 8, Tropical Storm Mindy became the 13th named storm of 2021. Only four other years since 1966 have had at least 13 named storms by September 8. Scientists say the total number of tropical storms isn't increasing, but the intensity of these storms is increasing. Dr. … [Read more...] about Univision 9/10/2021- Destructive 2021 hurricane season reaches its peak as insurance industry warns of “riskier” landscape

Meme stocks commonly experience a rapid increase in share price due to brand heritage, promotion on social media, technical trading signals or all three. This phenomenon gives CFOs of distressed companies, who are typically shunned by sophisticated asset buyers, a capital raising … [Read more...] about CFO 8/19/2021- Meme Stock Phenomenon Presents Opportunities for CFOs

StrategicCFO360 interviewed five different economists in a recent article to gain an outlook on the 2022 economy. Dr. Robert Hartwig was one of the economists interviewed. On the projected 6.7% GDP growth this year and 5% GDP growth next year, Hartwig said, "the economy is … [Read more...] about StrategicCFO360 8/17/2021- Economic Outlook 2022: Enjoy The Ride, Despite The Bumps

A Carrier Management article investigates the valuation of InsurTechs compared to more traditional insurance carriers. InsurTechs are often overvalued. This is demonstrated by companies like Root Insurance and Lemonade. Dr. Robert Hartwig is critical of InsurTech startups chances … [Read more...] about Carrier Management 6/21/2021- How to Value an InsurTech

The Wall Street Journal posted an article about the Tulsa race 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