1 hour, 31 minutes and 39 seconds into The Matrix, something remarkable happens. We glimpse a skyscraper, at the top of which is the single word, ’Norwich’, and what looks suspiciously like the Norwich Union logo. 15 minutes and 9 seconds later, it’s a different skyscraper, but this one has ’Aon’. This tells us everything we need to know about The Matrix.
Digitizing the claims process has been one of the shining examples of innovation in insurance — or so it seemed. But J.D. Power threw some cold water on that notion in a report released last week.
The construction industry is a key contributor to California’s economy. According to the Associated General Contractors of America, in 2019, the construction sector contributed $118.1 billion of the state’s total gross domestic product.
Pittsburgh is more than 200 miles (320 kilometers) from the nearest coast, yet its office and retail buildings face $420 million in exposure to flood damage, or the third-greatest of any city in the U.S., according to a report published Monday.
A ‘Friends’ reunion; a ‘Sopranos’ prequel movie; Brittany Spears—pop culture from the early 2000s has made a comeback. Unfortunately something far less enjoyable from that era may also be finding its way back into our lives: mold litigation.
The cyber landscape has undergone a dramatic transformation since the onset of the pandemic. Industries large and small are caught in the crosshairs of increasingly sophisticated attacks. Continued work from home has only increased what’s at stake for all businesses.
Businesses that operate brick-and-mortar storefronts are likely well aware of Title III of the Americans with Disabilities Act and its prohibition of discrimination on the basis of disability in places of public accommodation.
Generation Z, or ‘Zoomers,’ the cohort born between the late ’90s and early 2010s, is widely known as the first ‘digital native’ generation. They are also the least likely to purchase any form of insurance.
More than a quarter of finance and insurance professionals took the bait when a phishing email hit their inboxes, said a study from a Laval, Quebec-headquartered security awareness training firm.
Construction-defect claims can range from the mundane to the outlandish. It doesn’t matter whether the focus of a defect claim is a skyscraper, commercial building, or single-family home, the cases really are not that much different at their core in getting to the root cause of the defect.
One of the deadly tornadoes that erupted under the cloak of darkness overnight Friday into the early hours of Saturday, leaving at least 70 dead, may have set the record for the longest continuous tornado in American history.
The growing number of costly lawsuits are adversely impacting insurer profitability and their ability to provide coverage, according to panelists who convened last week at the Insurance Information Institute’s (Triple-I) Joint Industry Forum (JIF).
A new study by broker Willis Towers Watson (WTW) has found that expanding and improving the use of advanced analytics in several aspects of operations remains high on North American property & casualty (P&C) insurers’ strategies.