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Construction Industry: A New Cybercrime Target Amidst Booming Economy

Construction Industry: A New Cybercrime Target Amidst Booming Economy

Exploring the rise in cybercrime targeting the construction sector, highlighting the vulnerabilities and legal implications in the face of robust industry growth.
December 21, 2023 Legislation & Regulation Liability Risk Management Technology

Data Modernization as a Strategic Imperative in Today’s Insurance Industry

Data Modernization as a Strategic Imperative in Today’s Insurance Industry

Exploring the essential role of data and analytics in the insurance sector, emphasizing strategic alignment and the push for innovation.
December 21, 2023 Insurance Industry Risk Management Technology

Surge in Tax and Litigation Business Insurance as Companies Seek Greater Financial Security

Surge in Tax and Litigation Business Insurance as Companies Seek Greater Financial Security

Businesses are increasingly turning to tax and litigation insurance for added financial protection amid evolving market risks.
December 20, 2023 Insurance Industry Litigation Risk Management Underwriting

Dubai Aerospace Enterprise Secures $118 Million Settlement, Continues Litigation Against Insurers

Dubai Aerospace Enterprise Secures $118 Million Settlement, Continues Litigation Against Insurers

Dubai Aerospace Enterprise receives a substantial insurance settlement from Aeroflot’s insurer, while continuing its legal battle with other insurers.
December 20, 2023 Insurance Industry Litigation Property Risk Management

El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners

El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners

Exploring the impact of El Nino’s intense rainfall on septic systems and the importance of regular maintenance and insurance understanding.
December 20, 2023 Catastrophe Education & Training Property Risk Management Hawaii Oregon

State Farm Faces Unprecedented Homeowners Loss Ratio Amid Severe Weather Challenges

State Farm Faces Unprecedented Homeowners Loss Ratio Amid Severe Weather Challenges

State Farm’s homeowners loss ratio hits a 20-year high, driven by severe weather events, prompting significant rate hikes and premium growth.
December 20, 2023 Catastrophe Property Risk Management Underwriting

Insurance Industry at a Crossroads with Technology Transformation and Customer Focus

Insurance Industry at a Crossroads with Technology Transformation and Customer Focus

Examining the pitfalls of past insurance transformations and the urgent need for a customer-focused, technologically adept future in the industry.
December 20, 2023 Insurance Industry Risk Management Technology Underwriting

Navigating New Risks: Adapting Mental Health Care in the Post-Pandemic Era

Navigating New Risks: Adapting Mental Health Care in the Post-Pandemic Era

Exploring the increased liability risks in mental health care post-pandemic and strategies for practitioners to mitigate these challenges.
December 20, 2023 Education & Training Liability Life & Health Technology

Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports

Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports

Prestige Underwriting’s report, in collaboration with Aon’s Finaccord, forecasts significant growth in the non-standard insurance market by 2030, driven by unique property types and evolving motor vehicle trends.
December 19, 2023 Auto Insurance Industry Property Risk Management

Tesla’s Recall Underscores the Growing Importance of Specialty Insurance in Auto Industry

Tesla’s Recall Underscores the Growing Importance of Specialty Insurance in Auto Industry

Tesla’s recent recall of over two million vehicles due to Autopilot issues highlights the vital role of specialty insurance in addressing the risks of advanced automotive technologies.
December 19, 2023

2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins

2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins

In 2023, hurricanes Lee, Jova, and Otis set records for rapid intensification, reflecting an active global tropical season with significant impacts on insurance and risk management.
December 19, 2023 Catastrophe Insurance Industry Property Risk Management

New Jersey Man Pleads Guilty in Massive No-Fault Auto Insurance Fraud Scheme

New Jersey Man Pleads Guilty in Massive No-Fault Auto Insurance Fraud Scheme

Bradley Pierre’s guilty plea unveils a decade-long, $60-$70 million no-fault auto insurance fraud, involving medical clinics, bribes, and tax evasion in New York and New Jersey.
December 19, 2023 Auto Fraud Legislation & Regulation Litigation New Jersey New York

Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future

Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future

Exploring Lemonade’s insurtech strategies and State Farm’s smart home vision to understand future trends in insurance technology and customer experience.
December 19, 2023 Education & Training Insurance Industry Property Technology

Activision Blizzard Settles for $54 Million in Landmark Discrimination Case

Activision Blizzard Settles for $54 Million in Landmark Discrimination Case

Activision Blizzard’s $54 million settlement with California’s civil rights agency marks a significant step in addressing workplace discrimination claims against the video game giant.
December 18, 2023 Legislation & Regulation Liability Litigation Technology California

Cyber Insurance Market to Witness Major Shift as Reinsurers Embrace Cyber Capacity in 2024

Cyber Insurance Market to Witness Major Shift as Reinsurers Embrace Cyber Capacity in 2024

The upcoming shift in the reinsurance industry towards cyber insurance in 2024 is driven by its rapid growth and the increasing need for robust cyber risk strategies.
December 18, 2023 Risk Management Technology
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