
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

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



