Dynamic Pricing Transforms Insurance with Real-Time Premium Adjustments

Dynamic pricing powered by AI, IoT sensors, and telematics is revolutionizing insurance by enabling real-time premium adjustments based on market trends and customer behavior.
December 10, 2024 Catastrophe Insurance Industry Risk Management Technology Florida

Parents of Teen Killed in Orlando Ride Accident Awarded $310 Million

A jury has awarded $310 million to the parents of Tyre Sampson, the teen who fell from the Orlando FreeFall ride in 2022, highlighting the consequences of safety failures in amusement rides.
December 9, 2024 Legislation & Regulation Liability Litigation Risk Management Florida Missouri

Teen Arrested in Scattered Spider Cybercrime Case Linked to Telecom and Crypto Hacks

Authorities have arrested a teenager linked to the Scattered Spider gang, accusing them of hacking financial and telecom firms and launching phishing campaigns targeting employees and customers.
December 9, 2024 Fraud Litigation Risk Management Technology Florida North Carolina Texas

Modern Building Codes Hold the Key to Reducing Disaster Costs

Modernized building codes can significantly cut disaster recovery costs, but inconsistent adoption across states remains a major challenge as climate risks grow.
December 9, 2024 Catastrophe Legislation & Regulation Property Risk Management Alabama Delaware Florida Louisiana Virginia

Overcoming Language Barriers in Insurance Claims with Tech and Human Expertise

Balancing advanced AI with human expertise is crucial for overcoming linguistic challenges in insurance claims, ensuring accuracy, and maintaining customer trust.
December 9, 2024 Education & Training Insurance Industry Liability Technology

Freeze Claims: Strategies for Swift and Effective Resolution

Learn how proactive risk management, clear communication, and expert coordination can turn a freeze claim disaster into a successful recovery.
December 9, 2024 Catastrophe Education & Training Property Risk Management Arizona Florida New Mexico

Global Insurance 2025: Navigating Challenges to Achieve Growth

The global insurance industry faces inflation, natural disasters, and shifting demographics but finds opportunities for innovation and expansion into emerging markets.
December 9, 2024 Catastrophe Property Risk Management Technology California Florida New York Washington

Unlocking the Millennial Market for Life Insurance and Annuities

The life and annuities industry must adopt modern technology, customer-centric strategies, and scalable solutions to engage millennials seeking financial security.
December 5, 2024 Insurance Industry Life & Health Risk Management Technology

P&C Insurers Face New Risks Faster Than Business Practices Adapt

A new report highlights how emerging risks like severe weather and fraud are testing U.S. P&C insurers, urging faster adoption of AI and aerial imagery technologies to stay competitive.
December 5, 2024 Catastrophe Property Risk Management Technology

Chinese Hackers Target Eight U.S. Telecom Firms in Espionage Campaign

A Chinese espionage group has infiltrated eight U.S. telecom companies, sparking federal investigations and raising cybersecurity concerns across critical infrastructure.
December 5, 2024 Legislation & Regulation Risk Management Technology Florida

Florida Matches Record Hurricane Landfalls in 2024, Reports Howden Re

The 2024 Atlantic hurricane season, marked by record Florida landfalls and extreme storm activity, ranks among the most impactful in recent history, Howden Re reports.
December 5, 2024 Catastrophe Property Risk Management Technology Florida North Carolina Tennessee

Holiday Communication Strategies for Insurance Claims Professionals

Whether at work or with family, the holiday season demands communication skills that blend empathy, humor, and diplomacy to navigate sensitive topics and potential conflicts.
December 4, 2024 Education & Training Insurance Industry Risk Management

Emerging Trends in Workers’ Compensation Insurance for 2025

In 2025, workers’ compensation insurance will see advancements in AI, wearable tech, and remote work policies, alongside a focus on personalized claims management and safety programs.
December 4, 2024 Insurance Industry Risk Management Technology Workers' Compensation

Artificial Intelligence in Insurance: Navigating Regulation and Ethical Oversight

As insurers increasingly adopt artificial intelligence, global regulators are stepping up oversight, emphasizing ethics, compliance, and transparency to mitigate risks and ensure responsible innovation.
December 4, 2024 Insurance Industry Legislation & Regulation Risk Management Technology

AI Brings Speed, Precision, and Control to Insurance Operations

Artificial intelligence is transforming the insurance industry by automating processes, enhancing fraud detection, personalizing policies, and streamlining customer service.
December 4, 2024 Fraud Risk Management Technology Underwriting
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