The shift from resilience to adaptation in property and casualty insurance is made possible by Embedded Insurance at the Point of Design, offering a transformative approach to managing risk.
Following the 2023 industry reset, the reinsurance market is experiencing a significant positive transformation, offering promising opportunities for investors and companies alike.
Amid global challenges, the insurance industry’s future looks bright with AI-driven transformations enhancing risk management, policy recommendations, and employee experiences.
In a key decision, the Illinois Appellate Court ruled that insurance companies are not required to defend in a lawsuit involving the Biometric Information Privacy Act (BIPA), marking a significant legal development.
After a lengthy legal battle, the city of Jackson, Mississippi, is set to receive $10.3 million from Zurich American Insurance for damages from a 2013 hailstorm.
The cyber insurance market experiences a shift with increased premiums, evolving cyber threats, and a focus on informed decision-making for 2024, as highlighted by Woodruff Sawyer.
Eastern Australia faces unexpected and prolonged deluge, causing extensive damage to homes and crops, challenging the typical preparations for wildfire season.
Supercede’s latest data reveals notable growth in digital platform usage, indicating a shift towards technological integration in the reinsurance industry.
With the largest annual increase in nearly 50 years, auto insurance costs are unexpectedly contributing to persistent U.S. inflation, impacting overall consumer prices.
Moody’s RMS analysis predicts insured losses from the January 1 Noto Peninsula earthquake in Japan to range between $3 to $6 billion, covering various impacts.
The Ohio Supreme Court’s recent decision affirms that the statute of repose for medical claims encompasses wrongful death claims, impacting medical malpractice litigation.
The family of a British tourist receives a $100 million settlement for the 2018 Grand Canyon helicopter crash that resulted in five deaths, including the tourist’s.