2023 sees a shift in ransomware tactics, with a focus on third-party vendors and larger targets, underscoring the need for evolved cybersecurity strategies.
  January 29   Insurance Thought Leadership Risk Management Technology

The rise of electric vehicles and advanced automotive technologies is significantly altering the auto insurance industry, impacting costs and prompting innovative insurance practices.
  January 26   Live Insurance News Auto Insurance Industry Risk Management Technology

Eric B. Dick, a Houston plaintiffs’ attorney, is ordered to pay over $100,000 for filing baseless lawsuits against Standard Casualty Co., marking his second major sanction in three months for similar actions.
  January 26   Insurance Journal Catastrophe Insurance Industry Liability Litigation Texas

In response to the recent Cruise robotaxi incident, General Motors acknowledges leadership failures and discontinues the Request for Assistance tool, aiming to regain trust and compliance in autonomous vehicle operations.
  January 26   Insurance Journal Auto Liability Technology California

Amazon’s Neighbors app discontinues its Request for Assistance tool, restricting police video access, while introducing new features to foster greater community connection and sharing.
  January 26   Amazon Catastrophe Property Risk Management Technology

With 75% of drivers willing to switch for greener policies, insurance companies face the dual challenge and opportunity of integrating sustainability into their practices to meet consumer demands and regulatory requirements.
  January 26   Insurance Thought Leadership Auto Legislation & Regulation Technology California

A new report emphasizes the urgent need for community facilities like schools and churches to be ready as shelters during severe weather events, highlighting the potential impacts on services and community trust.
  January 26   CLM Catastrophe Liability Property

The Allianz Risk Barometer 2024 emphasizes the insurance industry’s innovative responses to contemporary challenges like cyber threats and climate-related disasters, including advanced technologies and collaborative strategies.
  January 25   Reinsurance News Catastrophe Risk Management

A court’s decision to uphold an insurer’s claim denial for roof damage caused by turkey vultures highlights the complexities in defining ’infestation’ for insurance purposes.
  January 25   Claims Journal Litigation Property Weird Maryland Pennsylvania

In 2023, a record number of natural disasters, driven by severe earthquakes and storms, led to unprecedented economic and insured losses, highlighting the urgency for improved global resilience.
  January 25   Aon Catastrophe Property Risk Management

A new WTW report emphasizes the growing importance of climate transition planning for businesses adapting to a low-carbon economy and regulatory demands.
  January 25   Insurance Business Legislation & Regulation Risk Management

Insurance carriers leverage AI and digital technologies to refine customer experiences, driving sales, satisfaction, and improved adviser relationships.
  January 25   Insurance Thought Leadership Technology Underwriting

Florida faces a potential real estate downturn as home insurance premiums skyrocket, making mortgages increasingly difficult to obtain.
  January 24   Live Insurance News Catastrophe Legislation & Regulation Property Florida

A crew member’s nap and an unactivated bridge alarm led to the Tara Lynn II fishing vessel crashing onto rocks amid a storm on the Maine coast.
  January 24   U.S. News Marine Property Maine

Exploring the impact of hourly wage-based insurance, a new approach offering flexible, real-time premium adjustments for health coverage.
  January 24   Insurance Thought Leadership Insurance Industry Legislation & Regulation Life & Health

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