In a landmark decision, the Illinois Supreme Court overturns years of precedent, ruling that damage from construction defects may be covered under commercial general liability policies.
To foster better collaboration and transparency, the Catastrophe Resiliency Council proposes an Open Industry Exposure Database for climate risk research.
At ITC Vegas 2023, experts discussed AI’s transformative role in insurance underwriting, emphasizing the need for trust and education in integrating this evolving technology.
Exploring how the success of ’Avatar’ and the capabilities of generative AI are guiding the insurance industry to address talent shortages and transform business practices.
DuPont, Chemours, and Corteva agree to pay $110 million to Ohio for environmental damage from PFAS chemicals used in a West Virginia facility, marking a significant legal resolution.
U.S. Senate Budget Committee investigates Florida’s Citizens Property Insurance Corp’s preparedness for underwriting losses due to extreme weather, highlighting the challenges of climate change on insurance.
As the world pushes for decarbonization, sustainable energy leaders seek the insurance industry’s expertise in risk management and investment for green technology deployment.
In a bizarre and tragic accident, an elderly woman falls through deteriorating floorboards into an unknown well shaft in a century-old South Carolina home.
If one topic has dominated industry discussion in 2023, it’s embedded insurance— the concept of bringing personalized insurance products to customers during relevant digital journeys.