Global Economy Set to Lose 19% of Income by 2050 Due to Climate Change
A new study projects that the world economy faces a permanent 19% income reduction by 2050, with global damages estimated at $38 trillion annually, despite future emission cuts.
April 18, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
Allstate Reports Sharp Decline in Catastrophe Losses for First Quarter of 2024
Allstate estimates Q1 2024 catastrophe losses at $731 million, a substantial decrease from $1.69 billion in the same period last year.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Property
Record Vehicle Thefts in 2023: A Nationwide Analysis
A record 1,020,729 vehicles were stolen across the U.S. in 2023, with California and the District of Columbia leading in numbers and rates, respectively.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Colorado
Delaware
Florida
Georgia
Illinois
Boosting Underwriter Productivity Through Technology
Michael Reilly discusses how advanced technology can significantly increase the productivity of underwriters by reducing time spent on administrative tasks.
April 18, 2024
Insurance Industry
Risk Management
Technology
Underwriting
California
World Property and Casualty Insurance Report 2024 Highlights Underwriting Challenges and Innovations
Exploring key findings from the World Property and Casualty Insurance Report 2024, which details the evolving landscape of P&C insurance underwriting amid technological advancements.
April 17, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Navigating Cybersecurity in the Digital Transformation of Insurance
As insurance companies embrace digital innovation, enhancing cybersecurity becomes critical to protecting client data and maintaining trust.
April 17, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Soaring Home Insurance Premiums: The Hidden Cost of Climate Change
A homeowner’s discovery: rising construction costs and increasing weather-related damages drive unprecedented hikes in home insurance premiums.
April 17, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Iowa
Louisiana
North Carolina
LIMRA Conference Highlights Evolution of Accelerated Underwriting in Life Insurance
Experts at the LIMRA 2024 Conference discuss the balance of speed and risk management in life insurance accelerated underwriting.
April 17, 2024
Education & Training
Insurance Industry
Life & Health
Technology
Winnipeg Senior Fights Insurance Decision After Car Theft Accusation
A Winnipeg senior faces accusations from Manitoba Public Insurance of orchestrating her own car theft, complicating her insurance claim.
April 17, 2024
Auto
Insurance Industry
Legislation & Regulation
Risk Management
Workers’ Compensation Fraud Charges Filed in The Villages
A 74-year-old man faces felony fraud charges over a disputed worker’s compensation claim in The Villages, Florida.
April 17, 2024
Fraud
Insurance Industry
Legislation & Regulation
Workers' Compensation
Florida
Michigan
Former NBA Player Sentenced in Health Insurance Fraud Case
Will Bynum, ex-Detroit Pistons guard, receives an 18-month prison sentence for his role in a major NBA insurance fraud scandal.
April 17, 2024
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Illinois
New York
Newton’s Laws Applied: Stabilizing the Tripartite Relationship in Insurance Claims
Isaac Newton’s principles offer a unique perspective on maintaining balance among insurers, insureds, and defense counsel to mitigate legal risks.
April 17, 2024
Insurance Industry
Liability
Litigation
Risk Management
Rising Demand and High-Risk Trends Reshape the Construction Industry
John Posa highlights the growth in construction projects and the increasing challenges from defect claims and litigation risks.
April 17, 2024
Insurance Industry
Litigation
Property
Risk Management
Texas
Former Chiropractor Receives Over Half Century Sentence for Massive Workers’ Compensation Fraud
Former chiropractor sentenced to 54 years for orchestrating a $150 million workers’ compensation fraud scheme in Riverside, California.
April 16, 2024
Fraud
Insurance Industry
Litigation
Workers' Compensation
California
Insurance Providers Drive Sustainability with Green Home Discounts and Coverage
Promoting sustainable living through insurance discounts and coverage for eco-friendly homes and technologies.
April 16, 2024
Insurance Industry
Property
Risk Management
Technology
