
Auto Theft in Canada Drops 17% in 2024
Auto theft in Canada has decreased by 17% in the first half of 2024, thanks to increased border patrols, police collaboration, and government actions, a report finds.
July 19, 2024
Auto
Fraud
Legislation & Regulation
Risk Management

The Benefits of AI and Skills-Based Hiring in the Modern Workforce
Skills-based hiring and salary levels can lead to better results and access to a wider talent pool as AI accelerates the pace of change.
July 19, 2024
Education & Training
Insurance Industry
Risk Management
Technology

Tennessee Raises Standards for Data Breach Class Actions
Tennessee's new law, Public Chapter 991, requires plaintiffs to prove "willful and wanton misconduct or gross negligence" in data breach class action cases, moving beyond simple negligence.
July 19, 2024
Legislation & Regulation
Litigation
Risk Management
Technology
Tennessee

NCCI Report Highlights Profitability and Challenges in Workers’ Compensation Insurance
The NCCI reports sustained profitability in private workers' compensation insurance, with a combined ratio of 86 for the past two years and below 90 for seven consecutive years.
July 19, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation

RGA Leaders of Tomorrow Program Marks Decade of Mentorship Excellence
The RGA Leaders of Tomorrow program, now celebrating its 10th anniversary, has mentored and inspired future insurance executives since its inception.
July 19, 2024
Education & Training
Insurance Industry
Life & Health
Florida
New York

Niches: The Future of the Insurance Market?
Skyward Specialty's CEO Andrew Robinson shares insights on the power of focusing on niche markets in insurance.
July 19, 2024
Insurance Industry
Risk Management
Technology
Underwriting
California

Disney’s 1.1 TB Slack Data Breach Exposed by Hackers
Hackers claim to have stolen and leaked over a terabyte of Disney's internal Slack messages and files.
July 19, 2024
Fraud
Insurance Industry
Litigation
Technology

Keys to Successful Digital Transformation for Insurance Firms
Assessing the market, balancing technology and business, and committing to growth are key steps in successful digital transformation.
July 17, 2024
Life & Health
Risk Management
Technology
Underwriting

Rite Aid Data Breach Impacts 2.2 Million Customers
Rite Aid, the third-largest US drug store chain, revealed that a data breach exposed sensitive information of over 2.2 million customers, including names, addresses, birth dates, and driver's license numbers.
July 16, 2024
Insurance Industry
Litigation
Risk Management
Technology
Maine
Massachusetts
Oregon
Vermont

Adjusters Reveal Their Wildest Claims: From Zoo Giraffes to Ancient Burial Grounds
From a dead giraffe in a zoo to discovering an ancient burial ground, insurance adjusters share their most bizarre and unexpected claims in a fascinating Reddit thread. These stories range from the humorous to the eerie, offering a unique glimpse into the unpredictable world of insurance.
July 16, 2024
Fraud
Litigation
Property
Weird
Florida
Missouri
Oklahoma

Investment in GenAI Pressures Other IT Projects
Generative AI investments are surging, squeezing other IT projects as companies aim for higher ROI and digital transformation.
July 16, 2024
Insurance Industry
Risk Management
Technology

Rising Replacement Costs Demand Strategic Adjustments from Insurers
As inflation and global conflicts escalate replacement costs, brokers and underwriters must effectively communicate economic trends and risk factors to clients to ensure adequate coverage and transparent pricing.
July 16, 2024
Insurance Industry
Property
Risk Management
Maryland

New Study Uncovers State Variations in Workers’ Compensation for First Responders’ Mental Health
Recent research from the FIRST Center highlights significant differences in state workers' compensation laws for first responders with mental health conditions, emphasizing the need for uniform presumption laws.
July 16, 2024
Legislation & Regulation
Life & Health
Risk Management
Workers' Compensation
Alaska
Arizona
California
Colorado
Connecticut

Moody’s RMS Estimates $2.5-$4.5 Billion in U.S. Insured Losses from Hurricane Beryl
Moody's RMS estimates U.S. insured losses from Hurricane Beryl between $2.5 and $4.5 billion, with NFIP losses under $300 million and non-U.S. losses not exceeding $1.5 billion.
July 16, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Texas

Understanding 2024 Insurance Industry Priorities: AI, Climate Change, and Inflation Lead the Way
The 2024 Global Priorities Report from the IIS highlights key concerns for insurance executives, including artificial intelligence, climate change, inflation, and cybersecurity, along with strategies for operational efficiency and growth opportunities.
July 16, 2024
Insurance Industry
Risk Management
Technology



