Carrier Management
Carrier Management is an innovative resource designed for the property and casualty insurance sector. It offers essential insights for C-suite executives, directors, and senior leaders within insurance companies.
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Articles
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1 week ago |
carriermanagement.com | Andrew Simpson
Erie Insurance said it has “seen no evidence of ransomware and there is no indication of ongoing threat actor activity” in a June 17 update on its 10-day long network outage. That statement would appear to contradict claims in two class action lawsuits filed against the insurer. Both lawsuits claimed a ransomware group accessed the insurer’s network and there was a a data breach. Erie has also not acknowledged any data breach. “At this time, we have control of our systems,” the insurer reported.
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1 week ago |
carriermanagement.com | Leslie Kaufman
President Donald Trump has repeatedly said he intends to whittle down or phase out the Federal Emergency Management Agency, and last week he gave a rough timeline for that: “after hurricane season.”“We want to wean off of FEMA, and we want to bring it down to the state level,” Trump told reporters on June 10 during a briefing in the Oval Office.
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1 week ago |
carriermanagement.com | Zahra Hirji |Jason Leopold |Lauren Rosenthal
Homeland Security Secretary Kristi Noem directed the Federal Emergency Management Agency to prepare a memo on how to abolish itself and create a re-branded, radically smaller disaster response organization, according to a copy of the document reviewed by Bloomberg News. As recently as last week, President Donald Trump and Noem said they wanted to wind down FEMA but offered few details publicly.
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1 week ago |
carriermanagement.com | Ezra Amacher
The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to “Tornado Alley,” but claim volume decreased to a five-year low, according to a quarterly property report from Verisk. The findings in Verisk’s “Quarterly Property Report January–March 2025” show that claims severity rose due to the California wildfires while property claims counts continued a downward trend that began in 2023.
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1 week ago |
carriermanagement.com | Mike Stobbe
Older U.S. adults are increasingly dying from unintentional falls, according to a new federal report published Wednesday, with white people accounting for the vast majority of the deaths. From 2003 to 2023, death rates from falls rose more than 70 percent for adults ages 65 to 74, the report from the U.S. Centers for Disease Control and Prevention said. The rate increased more than 75 percent for people 75 to 84, and more than doubled for seniors 85 and older.
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