Facing a $38 billion underwriting loss and increased natural catastrophe damages, insurers explore predictive and preventive measures for sustainability.
A cyberattack leveraging long-standing cybersecurity vulnerabilities at Clorox led to widespread production halts, underscoring the critical need for updated digital defenses.
Discover how Insurtech is revolutionizing insurance accessibility in emerging markets, leveraging mobile technology, and custom solutions to drive economic resilience.
In 2023, natural disasters led to over $108 billion in insured losses, marking the fourth consecutive year above $100 billion, with severe convective storms hitting a record high.
Industry experts emphasize the importance of individual security measures and strategic risk management to mitigate systemic cyber threats impacting the insurance market.
AI is transforming insurance through on-demand policies, embedded coverage, personalized underwriting, and enhanced fraud detection, setting new standards for efficiency and security.
The collapse of the Francis Scott Key Bridge, after being struck by a cargo ship, has led to a significant emergency operation and concerns over East Coast shipping logistics.
Following a significant cyberattack, Change Healthcare resumes services, aiming to process over $14 billion in claims, with UnitedHealth Group supporting impacted healthcare providers.
The European Commission investigates Alphabet, Apple, and Meta for insufficient compliance measures under the Digital Markets Act, signaling a major regulatory crackdown.
Amid challenges, Professional Employer Organizations (PEOs) emerge as a critical ally for small to medium businesses, blending compliance, HR, and workers’ comp solutions.
Explore how generative AI empowers insurance underwriters with critical insights into risk controls, building details, and insured operations for improved decision-making.
The Justice Department and state attorneys general take legal action against Apple, alleging anticompetitive practices in smartphone markets to protect consumer interests and promote innovation.