Florida residents are evacuating as Tropical Storm Helene intensifies. The storm is projected to become a Category 3 hurricane with dangerous storm surges along the Gulf Coast, prompting emergency responses.
Hurricane Helene is forecast to intensify rapidly as it nears Florida, with major impacts expected across the Southeast, including extreme winds, flooding, and widespread storm surge.
California has faced a severe wildfire season fueled by heat and dried-out vegetation, even without the seasonal winds that typically escalate fire risks. Experts warn that conditions could worsen as fall progresses.
The 2024 KPMG CEO Outlook highlights how business leaders are tackling cybersecurity risks, generative AI implementation, and mergers and acquisitions to stay ahead in an era of compound volatility.
Generative AI is moving beyond enhancing efficiency for insurance professionals. It now holds potential for transforming risk management, customer interaction, and even product offerings.
The Casualty Actuarial Society has released four new reports that explore bias in insurance pricing models, AI usage, and regulatory concerns, aiming to guide actuaries toward fairness and compliance.
A developing Atlantic storm poses a significant hurricane risk to the US Gulf Coast, stretching from Mississippi to Florida. Forecasters predict rapid intensification as it moves north through warm Gulf waters, threatening major landfall.
A firefighter in Northern California has been arrested for allegedly starting five brush fires while off duty, raising concerns about internal misconduct within fire agencies.
The New Jersey Supreme Court ruled that commercial landowners, including those with vacant properties, must maintain public sidewalks abutting their properties in safe condition, aligning with broader public policy principles.
As elder fraud losses soar past $3.4 billion, cybersecurity risks grow more complex. Personal cyber insurance offers broader protection, covering identity theft, online fraud, and other cybercrimes targeting vulnerable populations.
COVID-era worker activity monitoring tools have evolved into sophisticated AI data generators, helping insurers tackle rising repair costs, litigation, and labor shortages while improving operational efficiency.
Workers’ compensation continues to boost the property and casualty insurance industry with an 88.7 combined ratio in 2023, driven by reduced claims frequency, workplace safety, and competitive market conditions.
The impact of climate change is becoming more visible worldwide, with intensifying wildfires, severe droughts, and devastating floods affecting regions from Brazil to Southeast Asia.
Nintendo and affiliate Pokemon Co. have filed a lawsuit against Pocketpair Inc. for alleged patent infringement tied to Palworld, citing gameplay mechanics as a potential issue. The case seeks an injunction and damages.
Ohio’s successful collaboration between universities, insurance companies, and stakeholders offers an effective model for recruiting and educating new talent in the insurance and risk management fields.
