Setting the Stage for AI Success in Insurance with Data and Process Standardization
Explore the essential step of data and process standardization in the insurance industry, paving the way for successful AI and automation integration.
March 22, 2024
Insurance Industry
Technology
Enhancing Policyholder Engagement Through Digital Fluency in Claims Services
Discover how digital fluency in claims processing is transforming the insurance industry, bridging gaps, and enhancing policyholder satisfaction.
March 22, 2024
Insurance Industry
Technology
Claims Adjusters Urged to Justify Their Decisions Amid Rising Concerns Over Training and Experience
Experienced adjusters call for their peers to better defend adjustments, highlighting concerns over recent training quality and ethical standards in claim handling.
March 21, 2024
Education & Training
Litigation
Property
Technology
Atlantic City Races Against Time for Beach Replenishment Before Summer Season
As crucial summer months approach, Atlantic City faces significant beach erosion, prompting urgent calls for expedited beach replenishment projects.
March 21, 2024
Catastrophe
Insurance Industry
Property
Risk Management
New Jersey
U.S. Officials Urge Governors to Boost Cybersecurity in Water Sector Amid Hacking Threats
National Security Advisor and EPA Administrator call for enhanced cybersecurity measures to protect the U.S. water sector from increasing cyber threats.
March 21, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
California
Pennsylvania
Cedar Point Settles Age Discrimination Case, Agrees to $50,000 Payment and Policy Changes
Cedar Point to pay $50,000 and revise employee housing policy after being found guilty of discriminating against workers over 40, following an EEOC lawsuit.
March 21, 2024
Insurance Industry
Legislation & Regulation
Litigation
Ohio
Nebraska Sheriff Accepts Plea Deal in Insurance Fraud Case
A sheriff in Nebraska pleads no contest to felony charge in insurance fraud case, agrees to surrender law enforcement license without facing jail time.
March 21, 2024
Fraud
Insurance Industry
Legislation & Regulation
Nebraska
Texas Contractor Faces Steep OSHA Fines After Fatal Trench Collapse
An 18-year-old worker’s death in a trench collapse leads to over $250,000 in fines for Hurtado Construction, as OSHA cites multiple safety violations.
March 21, 2024
Legislation & Regulation
Risk Management
AI Enhancements Streamline Workers’ Compensation Claims Process for Adjusters
AI assistants are revolutionizing the workload for workers’ compensation claims adjusters by providing online claims access and reducing phone and email inquiries.
March 21, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
State Farm to Non-Renew Thousands of Property Policies in California Amid Market Challenges
State Farm General Insurance announces significant policy non-renewals in California, citing financial stability and market conditions.
March 21, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
California
Gen Z Faces Unprecedented Retirement Planning Challenges
Gen Z’s path to retirement is fraught with gig economy instability and the pressures of social media, demanding innovative financial strategies.
March 21, 2024
Education & Training
Life & Health
Risk Management
Technology
Ferrari Faces Legal Challenge Over Alleged Brake Defects in Sports Cars
A lawsuit filed in US District Court claims Ferrari failed to adequately fix a potentially dangerous brake defect in several models, including the 458 Italia.
March 20, 2024
Auto
Liability
Litigation
Technology
California
Record-Breaking Hail Events Mark the Start of 2024’s Severe Storm Season
Over 660,000 properties were hit by significant hail during early March, surpassing 2023 records and signaling a potentially challenging year for insurers.
March 20, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
Illinois
Kansas
Missouri
Oklahoma
Court Allows Stalking Claims Against Apple AirTag to Proceed
A San Francisco judge has ruled that a lawsuit accusing Apple of not doing enough to prevent AirTags from being used for stalking can move forward.
March 20, 2024
Insurance Industry
Liability
Litigation
Technology
California
The Impact of Mass Tort Advertising on the Insurance Industry
With $1.2 billion spent on mass tort TV ads in a single year, experts warn the insurance industry to heed the potential litigation risks these ads represent.
March 20, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
Florida
