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Accounting for Similarities. What Stakeholders Believe The Institutes’ Affiliation with the IASA Can Deliver

Accounting for Similarities. What Stakeholders Believe The Institutes’ Affiliation with the IASA Can Deliver

The Malvern, Pa.-based Institutes’ latest affiliation promises to introduce the skills and experience of insurance accounting and systems administration professionals to a much wider audience.
November 2, 2023 Education & Training Risk Management Technology Pennsylvania

Jury to Decide PTSD Lawsuit Against Five Guys After Delivery Worker’s Scare

Jury to Decide PTSD Lawsuit Against Five Guys After Delivery Worker’s Scare

A food delivery worker who encountered two weapon-wielding maintenance workers surprised by his presence in a Five Guys hamburger eatery can bring negligence claims.
November 1, 2023

Unveiling Generative AI: A Game Changer for Customer Engagement

Unveiling Generative AI: A Game Changer for Customer Engagement

Generative AI enables the creation of sophisticated, personalized customer experiences in the insurance industry through intelligent communication.
November 1, 2023 Insurance Industry Risk Management Technology

2022 Sees a Dip in Uninsured Driving Rates Post-Pandemic Spike: IRC Report Reveals

2022 Sees a Dip in Uninsured Driving Rates Post-Pandemic Spike: IRC Report Reveals

About one out of seven U.S. drivers operated a private-passenger vehicle without liability insurance in 2022, according to new research by the Insurance Research Council (IRC), an affiliate of The Institutes.
November 1, 2023 Auto Insurance Industry Legislation & Regulation Risk Management

AI and Economic Trends: A New Era of Opportunities in Subrogation

AI and Economic Trends: A New Era of Opportunities in Subrogation

How is artificial intelligence changing the subrogation process? How has the economy changed carriers’ appetite to identify subrogation opportunities?
November 1, 2023 Insurance Industry Legislation & Regulation Subrogation Technology

Haunt Happily, Claim Less: APCIA’s Guidance for a Safe Halloween Celebration

Haunt Happily, Claim Less: APCIA’s Guidance for a Safe Halloween Celebration

As kids, parents and yard haunters fill candy bowls, finalize costumes and perfect their spooky decorations, the APCIA reminds us to take a few simple steps to keep Halloween safe and avoid auto and homeowners insurance claims.
October 31, 2023 Auto Property

Unveiling the Three-Stage Digital Revolution in the Insurance Industry

Unveiling the Three-Stage Digital Revolution in the Insurance Industry

In an interview with Insurance Thought Leadership, Gaurav Garg from Oliver Wyman discusses the digital transformation in the insurance industry.
October 31, 2023 Auto Education & Training Liability Risk Management Technology

Triple-I Partnership Cultivates Diversity and Early Career Advancement in Insurance

Triple-I Partnership Cultivates Diversity and Early Career Advancement in Insurance

To amplify the Insurance Information Institute’s (Triple-I) commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, Triple-I partnered with HBCU IMPACT.
October 31, 2023 Education & Training Insurance Industry Risk Management

Guidewire and RiskStream Unite: Revolutionizing the Insurance Landscape with RAPID X Technology

Guidewire and RiskStream Unite: Revolutionizing the Insurance Landscape with RAPID X Technology

By creating a single source of truth, blockchain-based "smart contracts" enable real-time data collection, sharing, and analysis that can reduce fraud, accelerate claims processes, and save the industry $200 billion per year.
October 31, 2023 Auto Fraud Insurance Industry Technology

Evolving Vehicle Valuation: A Shift Towards Dynamic Insurance Pricing Amid Changing Auto Retail Trends

Evolving Vehicle Valuation: A Shift Towards Dynamic Insurance Pricing Amid Changing Auto Retail Trends

Changes in buyers’ behavior mean an insurer using MSRP to set an insurance value is underpricing the vehicle from the start.
October 31, 2023 Auto Insurance Industry Risk Management Technology

Unveiling Modern Trial Tactics in Transportation Cases through Expert Roundtable

Unveiling Modern Trial Tactics in Transportation Cases through Expert Roundtable

CLM’s Transportation Community experts discuss virtual mediations and assessing the strength of the plaintiff’s attorney.
October 31, 2023 Auto Education & Training Insurance Industry Liability Litigation Illinois Massachusetts Pennsylvania

Halloween Drunk Driving: A Frightening Reality of Impaired Drivers Amid Celebrations

Halloween Drunk Driving: A Frightening Reality of Impaired Drivers Amid Celebrations

The only thing scarier than zombies and witches loose on the streets on Halloween is an impaired driver, according to the U.S. Department of Transportation’s National Highway Traffic Safety Administration.
October 30, 2023 Auto Legislation & Regulation Liability Risk Management

Erie Insurance Faces Accusations of Racial Bias in Underwriting Practices

Erie Insurance Faces Accusations of Racial Bias in Underwriting Practices

Erie Insurance defends its practice of telling agents to use subjective factors when judging a potential customer. Maryland regulators say the company sought to exclude Black and Hispanic people.
October 30, 2023 Insurance Industry Legislation & Regulation Liability Litigation Maryland New York Pennsylvania

Hurricane Otis Racks Up Billions in Insured Losses, Marks Historic Financial Drain for Mexico’s Insurance Sector

Hurricane Otis Racks Up Billions in Insured Losses, Marks Historic Financial Drain for Mexico’s Insurance Sector

Reinsurance broker Gallagher Re has said that hurricane Otis will be one of the costliest natural catastrophe events in Mexico’s history, with a multi-billion-dollar insurance market loss anticipated.
October 30, 2023 Catastrophe Insurance Industry Property Risk Management

Matthew Perry’s Hot Tub Incident Highlights Insurance Risk Concerns

Matthew Perry’s Hot Tub Incident Highlights Insurance Risk Concerns

When it comes to washing away stress and soothing achy joints, it’s hard to beat the warm water and gurgling jets, but the actor’s untimely death serves as a painful reminder of the risks inherent to owning a hot tub.
October 30, 2023 Insurance Industry Liability Risk Management
Omega Forensic Engineering, IncMid-America Catastrophe ServicesHancock Claims ConsultantsU.S. Forensic