Bridging the Insurance Gap in Emerging Markets Through Innovative Insurtech Solutions
Discover how Insurtech is revolutionizing insurance accessibility in emerging markets, leveraging mobile technology, and custom solutions to drive economic resilience.
March 27, 2024
Legislation & Regulation
Technology
Florida
Claims Adjusters Share Their Frustrations in Property Claim Adjustments
Claims adjusters reveal the myriad challenges and frustrations they face during property claim inspections, from uncooperative homeowners to aggressive public adjusters.
March 26, 2024
Fraud
Insurance Industry
Property
Risk Management
California
Florida
Texas
2023 Reflects a New Norm in Natural Catastrophe Insurance Losses
In 2023, natural disasters led to over $108 billion in insured losses, marking the fourth consecutive year above $100 billion, with severe convective storms hitting a record high.
March 26, 2024
Catastrophe
Property
Risk Management
Technology
California
Florida
Louisiana
Professional Employer Organizations Revolutionize Small Business Compliance and HR
Amid challenges, Professional Employer Organizations (PEOs) emerge as a critical ally for small to medium businesses, blending compliance, HR, and workers' comp solutions.
March 25, 2024
Legislation & Regulation
Risk Management
Technology
Workers' Compensation
California
Florida
Florida Judge Criticizes Insurance Company for Blocking Policyholder Claims
A Nassau County judge accuses a Florida insurance company of stonewalling policyholders and ignoring court orders, highlighting a broader issue with claim disputes.
March 22, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
The Impact of Mass Tort Advertising on the Insurance Industry
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, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
Florida
Rising Auto Premiums Linked to Natural Disasters, Inflation, and Social Factors
Auto insurance premiums are climbing due to labor/material costs, natural disasters, and social inflation, with industry challenges sparking rate hikes.
March 18, 2024
Auto
Catastrophe
Risk Management
Technology
California
Florida
Health Worker Shortages Impact Workers’ Compensation Treatment Options
Ongoing health care worker shortages continue to challenge the availability of treatment for workers' compensation claimants, with experts calling for industry-wide solutions.
March 13, 2024
Life & Health
Workers' Compensation
Florida
North Carolina
Jacksonville Funeral Home Director Faces Insurance Fraud Charges
A former funeral home director in Jacksonville pleads not guilty to charges centered around false insurance claims and theft, highlighting the need for stricter oversight.
March 13, 2024
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Florida
U.S. Shifts Strategy on Home Insurance Data Collection Amid Rising Premiums and Climate Risks
In response to climbing premiums and climate threats, the U.S. pivots from direct data collection to a collaborative approach with state insurance regulators.
March 11, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
California
Florida
KBW’s Analysis Foresees Bright Earnings Outlook Across P&C Insurance Sub-Sectors for 2024
According to KBW, Property & Casualty insurers express optimism for 2024, driven by rate increases, moderating loss trends, and strong growth in brokerage and specialty lines.
March 7, 2024
Insurance Industry
Property
Risk Management
Florida
Record-Breaking $72.5 Million Payout to Bus Accident Victim Marks One of MTA’s Largest Settlements
A landmark $72.5 million judgment has been awarded to Aurora Beauchamp, a cancer patient severely injured by a city bus, marking one of the MTA's largest payouts.
March 5, 2024
Catastrophe
Legislation & Regulation
Liability
Life & Health
Florida
New York
Uninsured Drivers Surge in Florida, Highlighting Insurance Affordability Crisis
The escalating number of uninsured drivers in Florida underscores a growing crisis of insurance affordability, putting all road users at risk.
March 1, 2024
Auto
Insurance Industry
Legislation & Regulation
Risk Management
Florida
Mississippi
Family Seeks Justice After Tragic Allergic Reaction Death at Disney Restaurant
A New York doctor's sudden death due to an allergic reaction at a Disney Springs restaurant sparks a lawsuit against Walt Disney Parks and Resorts.
February 29, 2024
Life & Health
Litigation
Risk Management
Florida
New York
Insurance Coverage Threatened by Rising Claims Costs and Legal System Abuse
Recent trends in claims litigation and social inflation are increasing insurance premiums, particularly in states like Florida and Louisiana, as legal system abuse continues to challenge the industry.
February 28, 2024
Legislation & Regulation
Litigation
Property
Risk Management
Florida
Louisiana
