With $1.2 billion spent on mass tort TV ads in a single year, experts warn the insurance industry to heed the potential litigation risks these ads represent.
March 20
Insurance Journal
Insurance Industry
Legislation & Regulation
Litigation
Technology
Florida
Spire Global teams up with NVIDIA, aiming to improve forecast accuracy and tackle the challenge of extreme weather events through AI-driven weather prediction.
March 20
Reinsurance News
Catastrophe
Marine
Risk Management
Technology
A New York judge’s decision to not dismiss a lawsuit against Reddit and YouTube questions the extent of their liability in a racially motivated attack in Buffalo.
March 20
NPR
Catastrophe
Legislation & Regulation
Liability
Technology
New York
Starting March 20, New Jersey’s new law mandates flood history and risk disclosures for all real estate transactions, enhancing transparency and preparedness.
March 20
Claims Journal
Catastrophe
Legislation & Regulation
Property
Risk Management
New Jersey
As P&C insurers navigate inflation and climate challenges, strategic AI adoption, including computer vision and LLMs, offers a path to enhanced profitability.
March 19
Insurance Thought Leadership
Property
Risk Management
Technology
Underwriting
A new safety evaluation by IIHS reveals only one out of 14 partial driving automation systems meets "acceptable" standards, prompting calls for improvement.
March 19
CLM
Auto
Insurance Industry
Technology
As climate change reshapes health risks, life and health insurers must adapt, focusing on strategic decisions to align with long-term health outcomes.
March 19
Insurance Thought Leadership
Catastrophe
Life & Health
Risk Management
Technology
In a pivotal decision, Oregon’s Supreme Court reversed lower courts, emphasizing the need for clear, unequivocal language in tort liability waivers within contracts.
March 19
CLM
Insurance Industry
Legislation & Regulation
Litigation
Subrogation
Oregon
As the opioid epidemic escalates, fentanyl’s presence in fatal road accidents underscores a critical public health issue.
March 18
Jerry
Auto
Catastrophe
Legislation & Regulation
Risk Management
California
Delaware
Maryland
New Hampshire
New Mexico
Apple resolves a lawsuit alleging misleading comments by CEO Tim Cook on iPhone sales in China, agreeing to a $490 million settlement.
March 18
Phone Arena
Legislation & Regulation
Litigation
Technology
BriteCo leverages AI to enhance customer service and explore new business opportunities, signaling a transformative era in insurance.
March 18
Insurance Thought Leadership
Insurance Industry
Technology
Nurse practitioners and other APRNs face growing professional liability risks as their roles expand in health care.
March 18
Risk & Insurance
Insurance Industry
Liability
Life & Health
Risk Management
Vehicle telematics and data tracking lead to higher insurance premiums for some drivers, raising significant privacy and consumer law concerns.
March 18
Insurance Business
Auto
Legislation & Regulation
Technology
Massachusetts
Auto insurance premiums are climbing due to labor/material costs, natural disasters, and social inflation, with industry challenges sparking rate hikes.
March 18
Insurance Information Institute
Auto
Catastrophe
Risk Management
Technology
California
Florida
Ocean temperatures have surged to unprecedented levels for over a year, alarming scientists about potential long-term ecological and meteorological impacts.
March 15
NBC News
Catastrophe
Marine
Risk Management
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