Wearable Tech Transforms Worker Safety and Insurance Costs
Ergonomic wearables emerge as a key solution in reducing workplace injuries and workers’ compensation costs.
November 15, 2023
Education & Training
Risk Management
Technology
Workers' Compensation
SpaceX’s Workplace Safety Under Scrutiny Amid Rising Injuries and Regulatory Lapses
SpaceX’s rapid growth and technological advancements are overshadowed by rising worker injuries and weak regulatory responses, highlighting major safety concerns.
November 14, 2023
Legislation & Regulation
Liability
Risk Management
Workers' Compensation
California
Florida
Texas
Washington
Canopius Group Expands Cannabis Insurance Products to Include Transportation Coverage
Canopius Group broadens its cannabis insurance offerings to include coverage for the transportation of cannabis-related products, aligning with legal frameworks.
November 14, 2023
Legislation & Regulation
Liability
Risk Management
Generative AI Revolutionizing the Insurance Industry, Prompts Innovation Funding Surge
In the face of generative AI’s rapid growth, insurance industry leaders are fast-tracking innovation and funding for digital strategies.
November 14, 2023
Education & Training
Risk Management
Technology
Underwriting
District Of Columbia
Homeowners Insurance Affordability Study Reveals Significant Variations Across States
A recent study by the Insurance Research Council reveals stark differences in homeowners insurance affordability across the United States.
November 14, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Florida
Louisiana
Mississippi
New Hampshire
GE Aerospace Settles for $9.4 Million Over Inspection Lapses in Military Equipment
GE Aerospace settles with the federal government for $9.4 million over claims of inadequate inspections and nonconforming parts in military equipment.
November 13, 2023
Legislation & Regulation
Liability
Risk Management
Technology
Massachusetts
Ohio
Cyber Insurance Market Emerges as a Highly Profitable Sector Despite Rising Ransomware Attacks
Amid a surge in ransomware attacks, the cyber insurance market remains highly profitable with strong growth potential, demonstrating resilience in the face of evolving cyber threats.
November 13, 2023
Liability
Risk Management
Technology
Underwriting
Insurance Leaders of 2024 Set to Navigate Cyber Risk and Talent Development Challenges
Amidst a rapidly evolving insurance landscape, industry leaders are zeroing in on talent development and managing the surge in cyber risks.
November 13, 2023
Education & Training
Insurance Industry
Risk Management
Technology
Empowering Insurance in the Digital Age: Leveraging Enterprise Blockchain for Multiparty Business Efficiency
In a rapidly evolving economic landscape, the insurance industry turns to blockchain technology for effective multiparty business process management.
November 13, 2023
Auto
Life & Health
Risk Management
Technology
Adapting to Wildfire Realities: Insurance Sector’s Evolving Role in Risk Management
Wildfires continue to threaten communities, ecosystems, and economies worldwide. With the increased risk and frequency of catastrophic weather events, the continuous need to reassess and update models has challenged insurance professionals.
November 10, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Colorado
Hawaii
Oregon
Revolutionizing Water Leak Prevention: AI’s Role in Reducing Insurance Claims
WINT’s innovative AI technology is transforming water leak detection and prevention, significantly reducing related insurance claims in commercial and residential properties.
November 10, 2023
Catastrophe
Property
Risk Management
Technology
2023 P&C Industry Outlook: Net Combined Ratio Hits 103.8% Amid Rising Replacement Costs and Market Challenges
The property/casualty insurance sector anticipates a challenging 2023, marked by unprofitability and rising replacement costs, despite strong premium growth.
November 10, 2023
Catastrophe
Property
Risk Management
Underwriting
Shifting Focus: Addressing Overlooked Medication Challenges in Workers’ Compensation
A narrow focus on the opioid epidemic may overlook the risks of non-opioid prescriptions and draw crucial resources away from proactive monitoring and interventions.
November 10, 2023
Education & Training
Life & Health
Risk Management
Workers' Compensation
What Technology Solutions Are Effective When Handling Catastrophes?
Given the concerning rise in catastrophic events, what technology solutions have been most effective in helping the industry better predict, evaluate, and/or respond to catastrophes, and how do you use them?
November 9, 2023
Catastrophe
Property
Risk Management
Technology
Digital Innovation Paves the Way for Pet Insurance Breakthrough
With pet insurance awareness low, Spot Pet Insurance has quickly become one of North America’s fastest-growing pet insurers, recently exceeding $100 million in gross written premiums.
November 9, 2023
Life & Health
Property
Risk Management
Technology
Florida
