Cruise Automation Hits a Bump: 950 Driverless Cars Recalled After Accident
Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis and will likely issue more recalls.
November 9, 2023
Auto
Catastrophe
Legislation & Regulation
Technology
Arizona
Florida
Texas
North America Braces for Potential Power Outages Amid Infrastructure Woes
The North American Electric Reliability Corp (NERC) has issued a warning that over two-thirds of the U.S., collectively housing about 180 million people, are at risk.
November 9, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Rising Costs Prompt Homebuyers to Opt for Bare-Minimum Insurance Coverage
Homeowners are increasingly opting for the minimum required insurance coverage to mitigate rising living expenses.
November 8, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
EU Presses TikTok for Greater Measures Against Misinformation Spread
The European Union’s digital chief has commended TikTok for its recent initiatives to safeguard users but underscores the need for continued vigilance against the spread of illegal content and misinformation.
November 8, 2023
Fraud
Legislation & Regulation
Risk Management
Technology
Florida Insurance Agent Charged in Major Fraud Case Involving Over $130K and Hurricane Ian Claims
A Palm Beach insurance agent’s arrest for fraud casts a shadow on the trust placed in industry professionals.
November 8, 2023
Catastrophe
Fraud
Liability
Property
Florida
Mulberri Launches AI Risk Engine to Revolutionize Workers’ Compensation Underwriting
Enhancing accuracy and profitability, Mulberri’s new AI Risk Engine promises to revolutionize workers’ compensation underwriting.
November 8, 2023
Risk Management
Technology
Underwriting
Workers' Compensation
Nevada Confronts Soaring Auto Insurance Costs in Public Webinar
The Nevada Division of Insurance recently held a live webinar to provide the public with an opportunity to discuss the rising cost of auto insurance in the state.
November 8, 2023
Auto
Legislation & Regulation
Liability
Risk Management
Nevada
Nike Launches Legal Battle Over Sneaker Tech Patents Against New Balance and Skechers
Footwear giant Nike filed federal lawsuits against New Balance and Skechers, accusing them of infringing patents related to Nike’s technology.
November 7, 2023
Litigation
Technology
Underwriting
California
Massachusetts
Oregon
Rethinking Road Rules: U.S. Cities Contemplate ’Right on Red’ Prohibition to Safeguard Pedestrians
A dramatic rise in accidents killing or injuring pedestrians and bicyclists has led to a myriad of policy and infrastructure changes.
November 7, 2023
Auto
Legislation & Regulation
Liability
Risk Management
California
District Of Columbia
Illinois
Michigan
Washington
Building for the Future: Florida’s Hurricane-Resilient, Eco-Friendly Homes
Some developers are building homes with an eye toward making them more resilient to the extreme weather that`s increasing with climate change, and friendlier to the environment at the same time.
November 7, 2023
Catastrophe
Property
Risk Management
Technology
Florida
Embracing AI in Insurance: Balancing Efficiency and Data Security
While generative AI tools offer immense benefits, they also come with legal risks. Insurance brokers, producers, and account executives need to be aware.
November 7, 2023
Education & Training
Liability
Technology
California
Insurtech Funding Hits Record High in Q3 with Over $1 Billion, Dominated by P&C Sector
The global insurtech sector surpassed US$1.1 billion in new funding during the third quarter of 2023. This growth represented a 19.8% increase.
November 7, 2023
Insurance Industry
Life & Health
Property
Technology
California
Massachusetts
Harnessing Advanced Analytics for Effective Catastrophe Risk Management
Guy Carpenter’s Kimberly Roberts, Jeffrey Schmidt and Shannon Peterson outline the benefits of advanced analytics in managing catastrophe risk.
November 6, 2023
Catastrophe
Risk Management
Technology
Combatting the Talent Crunch: Strategies in the Insurance Sector
According to Kelly Stevens, the SVP of loss adjusting at Crawford and Co., insurance companies are currently battling among one another to find and retain employees.
November 6, 2023
Education & Training
Insurance Industry
Risk Management
Nebraska Slaps Bright Health with $1M Fine for Claims Mishandling and Newborn Care Denials
Nebraska insurance regulators reported thousands of problems with claims processing, including improper denials and late payments to medical providers.
November 6, 2023
Insurance Industry
Legislation & Regulation
Life & Health
Nebraska
