Gradual Mental Injury Claim Not Compensable in Tennessee
A former Hertz Corp. employee who claims he experienced workplace retaliation and harassment after complaining about discrimination is not entitled to workers compensation benefits for a claimed mental injury, a Tennessee workers comp court ruled Monday.
September 20, 2023
Workers' Compensation
Tennessee
Insured Damages From Summer Storms in Alberta Estimated at $300M
Severe storms in Alberta and the Prairies this summer resulted in more than $300 million in insured losses, according to initial estimates from the Insurance Bureau of Canada.
September 19, 2023
Auto
Property
New York City’s $52 Billion Plan to Save Itself From the Sea
The retired FDNY firefighter Patrick Kilgallen remembers the night well. In late October 2012, the approach of Hurricane Sandy up the US Eastern Seaboard coincided with a spring tide, propelling a surge of storm water that crashed into New York City and its surrounds, causing more than $70bn in damages, mostly from flooding.
September 19, 2023
Catastrophe
New York
The Costly Choice: Americans Struggle with Auto Insurance Premiums
Auto insurance is essential for financial security while driving, but soaring premiums have American drivers facing a tough choice.
September 19, 2023
Auto
Learning From Failure
Every successful entrepreneur or CEO has dealt with failure at some point. It took Thomas Edison 10,000 attempts to perfect the light bulb, 36 publishers rejected Arianna Huffington and Milton Hershey had three candy-related ventures fail before he founded Hershey’s.
September 19, 2023
Education & Training
Dark Web’s WormGPT Assists Hackers in Phishing Attacks
A ChatGPT-style tool designed to assist cybercriminals will let hackers develop sophisticated attacks on a significantly larger scale, researchers have warned.
September 19, 2023
Fraud
Technology
Rising Florida Home Insurance Costs Drive Residents Toward Self-Insurance
A recent survey conducted by the Insurance Information Institute has shed light on a growing trend among Florida homeowners. As insurance premiums continue to soar in the state, more and more residents are choosing to self-insure their homes.
September 18, 2023
Property
Florida
Where Wildfire Prevention Impacts People and Climate Most
The U.S. government is investing over $7 billion in the coming years to try to manage the nation’s escalating wildfire crisis.
September 18, 2023
Property
Blockchain Is Here. But Can Insurance Unlock Its ROI in Meaningful Ways?
As blockchain technology matures and more players in the insurance industry integrate it into their operations, many are wondering what kind of return companies are seeing on their blockchain investments.
September 18, 2023
Insurance Industry
Technology
Southern Louisiana Fights Against Massive Flood Insurance Rate Hikes
Increases in federal flood insurance premiums that are projected to surpass 700% over the coming years are already leading people to back out of home purchases and will likely lead to an exodus of residents and businesses from southern Louisiana, officials told a federal judge Thursday in New Orleans.
September 18, 2023
Legislation & Regulation
Litigation
Property
Louisiana
Customer Trust Emerges as the Key Factor in Claims Processing
New data from claims automation insurtech Sprout.ai revealed that customers place greater importance on fair decision-making and trust than speed when settling insurance claims using AI.
September 15, 2023
Insurance Industry
Technology
California’s Home Insurance Deal Deadline Passes
A rumored legislative deal aimed at keeping home insurance companies from bailing on California is dead now that the deadline for a bill has passed.
September 15, 2023
Insurance Industry
Legislation & Regulation
Property
California
Congress Seeks Guidance from Tech Industry Titans on AI Regulation
Nearly two dozen leaders of tech companies and other groups met Wednesday behind closed doors with U.S. senators as part of a broader discussion into how Congress can regulate artificial intelligence.
September 15, 2023
Legislation & Regulation
Technology
Are We Automating Bias?
Automating tasks has been an industry goal for years, whether driven by necessity (to remain competitive and save human resources), or to achieve higher goals.
September 15, 2023
Technology
Telematics: A Sword and a Shield
The transportation industry plays a crucial role in global commerce, and it has to constantly adapt to technological advancements, economic fluctuations, shifting consumer demands, and the legal landscape.
September 14, 2023
Excess & Surplus Lines
Liability
Litigation
