Wind vs. Water: Coverage Issues Making Waves September 24,2024 Join us for a special 2024 Reinsurance & Excess Surplus Lines (RE&S) Symposium replay presented by the RE&S and Claims interest groups. Find out how the ever-evolving landscapes in litigation and coverage language have collided with changing climates and the increasing number of storms and storm damage. The panel includes a meteorologist, an attorney, and a technology expert to discuss how the law, meteorology and technology interact and intertwine in the issues that produce storm-related claims. This session will be 90 minutes to allow time for the full replay, and attendees will be awarded 1.5 CPCU in Good Standing credits. |
 Social Inflation: The Effect of Large Verdicts October 1,2024 While underwriting is often based on historical results, rates and premiums must take into account future losses and their financial impact on the insurer. Insurers have experienced loss emergence caused by large verdicts, particularly on casualty lines. The panelists will discuss methodologies to account for these changes in the environment, including impacts to claims operations. The panelists will also identify and recommend potential company actions to combat social inflation and the influence of litigation funding. Failing to recognize the potential for these losses can put a company at risk making this a hot-button topic. Presentation Objectives: 1.Recognize the potential for large verdicts by discussing the impact of jurisdiction, attorney involvement, the role of litigation funding, and changing juror sentiments 2. Identify and predict the trends impacting large verdicts 3. Recognize how innovative actuarial methodologies using more granular data and ML modeling can be used effectively 4. Identify and discuss the industry’s response to large verdicts. This webinar was organized in collaboration with IASA, an affiliate of The Institutes. |
 How Telematics is Transforming the Commercial Auto Market October 8,2024 Since its inception in the 1980s, telematics has grown from a basic diagnostic tool to a robust form of technology that provides a wealth of information for fleet operations. This presentation will provide an overview of how telematics is a powerful tool in the hands of fleet managers and how the insurance profession can leverage the technology for underwriting and risk management purposes. The panelists will show how telematics is providing measurable results in a wide range of industries such a common carrier, utility fleets, transit, law enforcement and more. Finally, the panelists will share what the future of auto insurance will look like with telematics in place. Key takeaways form this webinar include: •Telematics utilization in underwriting and pricing •Market segments utilizing telematics, such as commercial trucking, delivery services, utility fleets, transit, school transportation, law enforcement and more •Results and impact on loss •Future of commercial auto and the impact of data analytics |
Widening the Lens on Human Trafficking November 14,2024 According to the International Labor Organization, nearly 50 million people worldwide are affected by forms of human trafficking, including forced labor, commercial sexual exploitation, and forced marriages. In this session, we will explore the potential P&C exposure pathways related to human trafficking in the United States. Industries like domestic work, agriculture, and construction have historically been vulnerable to forced labor in the U.S., while supply chains supporting the ever-growing tech industry continue to risk exposure to different iterations of compelled work. Key takeaways from this webinar include: •The impact on forced labor of migration across the U.S.-Mexico border •How the demand for generative AI products could increase forced labor in supply chains •Recent trends in human trafficking-related litigation and legislation Implications for P&C exposures |
CPCU Society Member Town Hall - Nov. 21, 2024 November 21,2024 Join the Executive Committee of the CPCU Society’s Leadership Council for an update on key initiatives including: three-year strategic plan, 2024 events, new offerings and more! This live session will also provide ample opportunity for members to ask questions and provide feedback. |