Risk and Uncertainty Management Center

Darla Moore School of Business | University of South Carolina

News

CFO 8/19/2021- Meme Stock Phenomenon Presents Opportunities for CFOs

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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 8/17/2021- Economic Outlook 2022: Enjoy The Ride, Despite The Bumps

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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

Claims Journal 7/27/2021- Ruling May Portend Bitter End for COVID Business Interruption Claimants

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Claims Journal's recent article on a court ruling that dismissed a dental practice’s COVID-19 business interruption claim proposes that this may be the beginning of the end for arguments that income lost because of COVID-19 government shutdowns should be recovered through … [Read more...] about Claims Journal 7/27/2021- Ruling May Portend Bitter End for COVID Business Interruption Claimants

Senator Tim Scott’s Website 7/22/2021- Ranking Member Scott Leads Senate Hearing on Potential Frameworks to Address Future Pandemic Risk

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United States Senator Tim Scott led a hearing of the Securities, Insurance, and Investment Subcommittee of the U.S. Senate Committee on Banking, Housing, and Urban Affairs to receive relevant perspectives on potential ways to manage financial losses that may arise from future … [Read more...] about Senator Tim Scott’s Website 7/22/2021- Ranking Member Scott Leads Senate Hearing on Potential Frameworks to Address Future Pandemic Risk

The Wall Street Journal 5/29/2021- Insurance Exclusions Left Black Tulsans Footing the Bill for the Massacre

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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

San Antonio Express News 5/20/2021 – Ad spending soars at San Antonio’s USAA as membership gains shrink

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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

Carrier Management 5/18/2021- An Alternative View: Crediting Credit Scores

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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

Carrier Management 5/18/2021- Is Loop the Future of Automobile Insurance?

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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?