Real events are necessary to test, and continually update, the accuracy of catastrophe models, said Karen Clark, founder and CEO of Karen Clark and Co.
Click on the video below to view the interview with Karen Clark.
Meg Green, managing editor of Insider Engage, is a former daily newspaper journalist. She's covered the insurance industry since 1998, reporting for AM Best before joining the Insider Publishing Group in 2021.
About 50% of the US mortgage insurance industry is backed by Bermuda-based companies, said John Huff, CEO of the Association of Bermuda Insurers and Reinsurers.
Pennsylvania Lumbermens Mutual Insurance Co., a property and casualty insurance company dedicated to serving the lumber and woodworking industries, has managed natural catastrophes through modeling, endorsements and deductibles, said John K. Smith, president and chief executive officer.
Tim McCosh, Co-Founder and CEO of Yokahu, looks ahead to what promises to be a busy next year as parametric products step in to bridge the trust gap in insurance
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