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Sat, 14th Sep 2024

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 14th Sep 2024" was published on September 13, 2024.

September 13, 2024 · Insurance News Wrap

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Summary

In this week's podcast, Paige Estritori discusses developments in the Insurance industry, beginning with the impact of autonomous vehicles shifting from drivers to technology and increasing product liability insurance. She addresses the change expected to inflate overall claim costs, making accident assessments more complex. Paige also talks about Coalition's innovative cyber reinsurance services that provide insights into cyber risks for accurate pricing of non-proportional reinsurance contracts. She then discusses the denial of a homeowner's insurance claim by SGUAS due to terms overlooked in the fine print, emphasizing the need to stay updated with changes in insurance policies. Lastly, she cites an unusual insurance claim rejection case where a traveler's flight was canceled due to overshooting the crew's work hours, distinguishing it from disputes like strikes or accidents. Tune in for more updates on major Insurance stories.n

Episode Description

In this week's podcast, Paige Estritori discusses developments in the Insurance industry, beginning with the impact of autonomous vehicles shifting from drivers to technology and increasing product liability insurance. She addresses the change expected to inflate overall claim costs, making accident assessments more complex. Paige also talks about Coalition's innovative cyber reinsurance services that provide insights into cyber risks for accurate pricing of non-proportional reinsurance contracts. She then discusses the denial of a homeowner's insurance claim by SGUAS due to terms overlooked in the fine print, emphasizing the need to stay updated with changes in insurance policies. Lastly, she cites an unusual insurance claim rejection case where a traveler's flight was canceled due to overshooting the crew's work hours, distinguishing it from disputes like strikes or accidents. Tune in for more updates on major Insurance stories.n

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