
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

Blue Cross Blue Shield of Illinois Hit with Fines for Network Information Violations
The state has fined Blue Cross Blue Shield of Illinois more than $200,000 over claims the insurance provider failed to provide updated and complete information about providers in its network.
November 6, 2023
Insurance Industry
Legislation & Regulation
Life & Health
Illinois

Evaluating PBM Pricing Models: The Key Factors to Consider and Questions to Ask
Multiple factors affect PBM pricing. These are the questions payers need to ask to find the right fit (and get the most savings) for their company.
November 6, 2023
Insurance Industry
Risk Management
Workers' Compensation

Minnesota Men Face Federal Charges in Interstate Catalytic Converter Theft Ring
Federal officials have charged four Minnesota men in a multi- million-dollar scheme to transport stolen catalytic converters to buyers in several states.
November 2, 2023
Auto
Fraud
Insurance Industry
Litigation
Colorado
Minnesota
New Jersey
New York
Oklahoma

Rising Reconstruction Costs and Climate Change Fuel Record High Natural Catastrophe Losses
It is over a decade since Verisk started producing its ‘Global Modeled Catastrophe Losses Report’, which, in 2023, projected a record high global modelled insured average annual loss from natural catastrophes.
November 2, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management

Storm Losses Dent P&C Sector Profits, Optimism Brews for 2025 Revival
Severe convective storm losses—the highest in decades—significantly affected the 2023 net combined ratio for the property/casualty industry, according to the latest underwriting projections by Triple-I and Milliman actuaries.
November 2, 2023
Auto
Catastrophe
Legislation & Regulation
Property
Risk Management



