Navigating Political Risks in a Turbulent Global Business Landscape
A report by Marsh outlines the challenges businesses face due to volatile global politics and economic policies, urging preparedness for 2024.
March 13, 2024
Legislation & Regulation
Risk Management
Authors File Lawsuit Against Nvidia for Copyright Infringement in AI Training
Nvidia is sued by authors over unauthorized use of copyrighted books in training its NeMo AI platform, highlighting copyright issues in AI development.
March 12, 2024
Litigation
Technology
California
Lloyd’s Reports on Generative AI’s Growing Impact on Cybersecurity Risks
Lloyd’s examines the escalating challenges and opportunities GenAI presents to cybersecurity, urging the insurance sector to adapt promptly.
March 12, 2024
Insurance Industry
Risk Management
Technology
U.S. Shifts Strategy on Home Insurance Data Collection Amid Rising Premiums and Climate Risks
In response to climbing premiums and climate threats, the U.S. pivots from direct data collection to a collaborative approach with state insurance regulators.
March 11, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
California
Florida
Two Convicted in Workers’ Compensation Fraud Cases in New York
New York Inspector General’s office secures guilty pleas in cases of workers’ compensation fraud, recovering over $50,000 in misappropriated funds.
March 11, 2024
Fraud
Legislation & Regulation
Workers' Compensation
New York
Microsoft Faces Renewed Cyber Threats from Alleged Russian Hackers
Microsoft battles advanced cyberattacks by Russian group Midnight Blizzard, raising concerns over national security and the integrity of tech infrastructure.
March 11, 2024
Legislation & Regulation
Risk Management
Technology
Benzene Found in Popular Acne Treatments, Testing Firm Urges FDA Recall
A Connecticut lab’s findings of high benzene levels in benzoyl peroxide acne treatments prompt a call for FDA action, highlighting safety concerns over common skincare products.
March 11, 2024
Legislation & Regulation
Life & Health
Connecticut
Revolutionizing Insurance Claims Handling with Artificial Intelligence
AI in insurance claims processing enhances efficiency, reduces costs, and improves fraud detection, offering a better customer experience and streamlining operations.
March 11, 2024
Fraud
Risk Management
Technology
Insurance Pros Share Best Practices for Delivering Tough News to Clients
Insurance professionals discuss effective communication techniques for delivering claim denials, emphasizing empathy, clarity, and policy education.
March 8, 2024
Education & Training
Insurance Industry
Risk Management
Industry Leaders Highlight the Importance of Insurance Designations in Professional Development
Insurance professionals are turning to CPCU and ARM designations to navigate complex industry challenges and enhance their expertise.
March 8, 2024
Education & Training
Insurance Industry
Risk Management
Technology
Unpacking the Confusion Around Additional Insured Coverage and Its Legal Implications
With over 700 citations to Burlington v. NYC Transit Auth., the complexity of Additional Insured endorsements sparks widespread legal debates and coverage disputes.
March 8, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
New York
Addressing the Surge in Construction Industry Risks Amid Growth and Labor Shortages
As the construction industry faces labor shortages and cost escalations, the focus sharpens on risk management and insurance strategies to control rising expenses.
March 8, 2024
Education & Training
Risk Management
Technology
Workers' Compensation
Navigating Insurance Challenges in California’s Shifting Landscape
California faces insurance hurdles with outdated Proposition 103, hindering actuarially sound underwriting amid escalating natural disasters.
March 8, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Connecticut Residents File Class Action Against Kimberly-Clark Over PFAS Contamination
Connecticut locals sue Kimberly-Clark, alleging the company’s facility contaminated their properties and water with harmful PFAS, impacting health and property values.
March 7, 2024
Insurance Industry
Legislation & Regulation
Litigation
Connecticut
Defense Highlights Systemic Failures in ’Rust’ Trial, Calls Attention to Production and Investigative Lapses
In a strategic move, the ’Rust’ trial defense calls witnesses to underscore systemic issues and investigative shortcomings, distancing their client from sole responsibility.
March 7, 2024
Life & Health
Litigation
Risk Management
Weird
New Mexico
