Carrier Management

A new initiative, between INTERPOL and the Government of Canada, will target the multi-billion dollar global industry fueling organized crime involved in vehicle theft and illegal trade of spare parts. https://lnkd.in/gmE-vwMH

When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches. Which speech did he give? https://lnkd.in/gBSpHxh3

Insurance rating agency AM Best said it has shifted its outlook of the U.S. personal auto insurance segment to stable from negative thanks to improving loss ratios of the top 20 carriers this year. https://lnkd.in/gU3CYyYw

A new study published in Science Advances suggests an increase in the variability of Atlantic tropical cyclone activity, leading to more active and inactive hurricane seasons and less near-normal seasons, according NOAA and partner researchers. The study investigates how the frequency and accumulated cyclone energy (ACE) in the North Atlantic might change in the future. https://lnkd.in/gapcVaSf

Nissan persuaded a federal appeals court on Friday to decertify 10 class actions accusing the Japanese automaker of selling cars and SUVs with defective automatic emergency braking systems that caused vehicles to stop suddenly for no reason. https://lnkd.in/gRck6fF7

Speed to market is critical for MGAs in today’s fast-changing insurance world. But success isn’t just about speed—it’s about launching effectively. Watch this on-demand webinar from our friends at Vertafore to learn: ? Navigating uncertainty in product development. ? Optimizing tech for rapid launches. ? Using APIs for seamless communication. ? Building a winning team. Register now! https://lnkd.in/gq_kgM6s #sponsored

Viewpoint: Role of Private Flood Insurance Has Room to Grow With NFIP Instability. From Christopher Graham is a senior industry analyst, industry research and analytics for AM Best. https://lnkd.in/gqWxtBAF

It is “how” commercial lines carriers execute their underwriting strategies, not “what” lines they write that is key to profitable growth for top performers, according to new research from McKinsey. https://lnkd.in/gctpTdDM

Often forgotten and overlooked when business is humming, the middle manager is typically the first to go when companies, including P/C insurers, decide to downsize. Here, Peter van Aartrijk and Warren Wright, provide the viewpoints directly from the mouths of middle managers themselves. >> https://lnkd.in/dMZ7ZTD4

Despite a consistent drop in the number of structurally deficient bridges in the U.S since 2020, one in three still needs to be replaced or repaired, according to a recent report from the American Road & Transportation Builders Association. There are 168.5 million crossings on nearly 42,100 bridges rated in poor condition. https://lnkd.in/gDSVkBJE