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Hanover Exec Discusses Current Data and Info-Sharing Trends

May 4, 2022 / by AAIS posted in openIDL, Technology, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Tech News, Regulatory/Compliance, AAIS Pulse, Data/Tech, Analytics Insurance, Regulators, The Hanover, Regulatory Reporting, Democratization of Data, GLC

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On a recent edition of AAIS Pulse, The Hanover SVP Scott Grieco sat down with AAIS SVP Operations, Joan Zerkovich, for a “Tech Talk” discussing current technology trends, and methods for modernizing the way insurers think about data and information sharing.

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How Regulation is Impacting Auto Insurance

Feb 16, 2022 / by Lori Dreaver Munn posted in Community, Issues & Trends, Insurance News/Current Events, Regulatory/Compliance, P&C Insurers, Auto, Commercial Auto, Legislation & Regulation, AAIS News & Views, AAIS Insights, Personal Auto, Regulation, Insurance Line of Business, auto insurance, GLC

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Regulation plays an outsized role in the development of the auto insurance sector. Since the beginning of the pandemic, we have seen an even higher than usual impact from wild fluctuations in rates, claims, premiums, and consumer reimbursements, to activities impacting the industry itself.

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Leading State Regulators Talk Blockchain, AI, and Modernizing Regulatory Reporting

Feb 7, 2022 / by AAIS posted in openIDL, Technology, Machine Learning/AI, Issues & Trends, Events, Regulatory/Compliance, Blockchain, Legislation & Regulation, AAIS Pulse, AAIS Event Archives, Data/Tech, GLC, Machine Learning

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The AAIS Pulse newsmagazine recently featured discussions with Mississippi Insurance Commissioner Mike Chaney and Connecticut Insurance Department Asst. Deputy Commissioner, Property & Casualty Division, George Bradner. They sat down with AAIS VP of Government Affairs, Legal, and Compliance, Robin Westcott, to cover a wide array of topics including data collection, data management, openIDL and its benefits, machine learning, and much more.

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AAIS’s Phil Skaggs Talks 2022 Cannabis Legal Expectations

Dec 15, 2021 / by AAIS posted in Community, Issues & Trends, Regulatory/Compliance, New/Emerging Risks, Cannabis, CannaBOP, Commercial Lines, Legislation & Regulation, AAIS News & Views, AAIS Insights, Insurance Line of Business, Cannabis Insurance, GLC

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Recently, AAIS Assistant Counsel Phil Skaggs participated in a webinar hosted by LexisNexis as part of their Emerging Issues series entitled “What Cannabis Lawyers Should Know to Prepare for 2022.” To watch a recap of the webinar, click here.

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CT Commissioner / AAIS VP Talk openIDL, Blockchain, & Democratization of Data

Dec 13, 2021 / by AAIS posted in openIDL, Community, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Tech News, Regulatory/Compliance, Blockchain, Data, Legislation & Regulation, Data/Tech, GLC

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Connecticut Insurance Commissioner Andrew Mais and AAIS VP of Government Affairs, Legal and Compliance, Robin Westcott, recently appeared on AM Best TV to discuss our successful openIDL Proof of Concept (POC) surrounding a COVID-19 Data Call, and how this revolutionary blockchain platform is paving the path for better regulatory reporting across the insurance industry. Watch the replay in full here:

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Bob Hartwig Sheds Light On COVID-19, Climate Change, Cyber Risk & More

Oct 13, 2021 / by AAIS posted in Community, Issues & Trends, Data & Technology, AAIS Events, Events, AAIS Event Archive, COVID-19, Tech News, Regulatory/Compliance, Cyber, New/Emerging Risks, Climate Change, Working in Insurance, Legislation & Regulation, AAIS Pulse, AAIS Event Archives, Data/Tech, Friends Cove, GLC, Litigation

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The AAIS Pulse newsmagazine recently featured Robert Hartwig, Ph.D., CPCU, industry expert and insurance professor at University of South Carolina's Moore School of Business. He spoke with AAIS CEO Ed Kelly on a range of topics facing the industry including COVID-19, climate change, cyber risk, year-end financials, and much more.

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Concerns and Opportunities Related to Pandemic Coverage

Aug 3, 2021 / by Nicole Milos posted in Community, Issues & Trends, COVID-19, Regulatory/Compliance, New/Emerging Risks, Legislation & Regulation, AAIS News & Views, AAIS Insights, AAIS Webinar Series, pandemic, Business Interruption, AAIS Views, GLC

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While the U.S. economy slowly returns to normal following the COVID-19 pandemic, the insurance industry continues to grapple with business interruption claims, court battles and the future of pandemic-related insurance. In Part II of our two-part Advisory Report, Nicole Milos, Assistant Counsel at AAIS, explains the systemic risk global pandemics pose to the insurance industry and how we’re leveraging data gathered during the pandemic to meet customer demand for future pandemic-type coverage.

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Capitol Outlook with Faegre Drinker Partner Patrick Hughes

Mar 3, 2021 / by AAIS posted in Insights, Issues & Trends, Insurance News/Current Events, COVID-19, Regulatory/Compliance, Industry, Legislation & Regulation, AAIS Pulse, Compliance, Government, Faegre Drinker, AAIS Views, GLC

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During the February 2021 AAIS Pulse newsmagazine, AAIS VP and General Counsel Robin Westcott was joined by Faegre Drinker Partner Patrick Hughes to examine the impact of the Biden Administration and recent legislative actions on the insurance industry.

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Pandemic Resource Center Delivers Litigation Data & Insights

Feb 23, 2021 / by AAIS posted in Technology, Data & Technology, Insurance News/Current Events, COVID-19, Tech News, IoT, Industry, Data, Business, Legislation & Regulation, Innovation, AAIS News & Views, Data/Tech, Regulation, Digitization, Business Interruption, AAIS Views, GLC, Litigation, COVID-19 Resource Center

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For more than a year, COVID-19 has impacted the lives of millions, leaving a path of destruction in its wake. With more than 25 million cases in the US, nearly half a million dead, countless businesses closed and millions of people jobless without financial security, no one has been left unscathed. It has also raised significant issues for the insurance industry, particularly spurred by Business Interruption-related questions and litigation.

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Into the Weeds: Cannabis Insurance and the Industry Landscape

Jan 6, 2021 / by AAIS posted in Community, Issues & Trends, COVID-19, Regulatory/Compliance, Cannabis, CannaBOP, Commercial Lines, Industry, Legislation & Regulation, AAIS Insights, AAIS Pulse, pandemic, Aon, Porter Wright Morris & Arthur, AAIS Views, GLC

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The COVID-19 pandemic has had lasting impacts on industries far and wide…including the growing cannabis industry. In the inaugural edition of the AAIS Pulse, AAIS’s Joe Jonas and Phil Skaggs were joined by Porter Wright Morris & Arthur LLP’s Randi Ellias and Aon’s Richard Golz to discuss cannabis insurance trends, including the impact the pandemic has had on its expansion.

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