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Cyber Risks Dominate Global Business Concerns as Climate Change Climbs Rankings

Cyber Risks Dominate Global Business Concerns as Climate Change Climbs Rankings

Cyber incidents, including ransomware and IT disruptions, top the global risk list for the fourth consecutive year, while climate change rises to its highest position ever in the Allianz Risk Barometer.
January 20, 2025 Insurance Industry Risk Management Maryland

Transforming Change Management for the AI Era

Transforming Change Management for the AI Era

Traditional change management strategies no longer work in today’s fast-paced, AI-driven world. Amy Radin outlines a revolutionary, people-focused approach to organizational transformation.
January 17, 2025 Education & Training Insurance Industry Risk Management Technology

Insurance Challenges and Strategies in the Growing Space Debris Crisis

Insurance Challenges and Strategies in the Growing Space Debris Crisis

The rising threat of space debris poses significant challenges to insurers, necessitating innovative solutions for risk assessment, liability management, and global collaboration.
January 17, 2025 Insurance Industry Liability Risk Management Technology

AI Tools Drive Workplace Mental Health Support Innovation

AI Tools Drive Workplace Mental Health Support Innovation

Workplace mental health strategies are transforming as AI-powered tools rise in popularity, traditional EAPs face challenges, and employee needs evolve, per Unmind’s 2025 survey.
January 17, 2025 Insurance Industry Risk Management Technology

Systemic Cyber Risk: Assessing Aggregation in Healthcare and Maritime Industries

Systemic Cyber Risk: Assessing Aggregation in Healthcare and Maritime Industries

The Lloyd’s Market Association introduces a framework for evaluating systemic cyber risks, focusing on healthcare and maritime industries, to aid insurers in risk management.
January 13, 2025 Insurance Industry Risk Management Technology

Navigating Legacy System Modernization in Insurance

Navigating Legacy System Modernization in Insurance

Insurance firms must decide between building new systems or enhancing legacy platforms through "wrapping" as digital transformation reshapes the industry.
January 13, 2025 Education & Training Insurance Industry Risk Management Technology

How AI is Transforming Insurance: Opportunities and Challenges

How AI is Transforming Insurance: Opportunities and Challenges

Artificial intelligence is revolutionizing the insurance industry, enhancing efficiency and accuracy, but its adoption requires overcoming technical, ethical, and regulatory challenges.
January 8, 2025 Fraud Insurance Industry Underwriting

Florida Couple Accused of Running $11 Million Insurance Fraud Scheme via Unauthorized Dental Practices

Florida Couple Accused of Running $11 Million Insurance Fraud Scheme via Unauthorized Dental Practices

A Florida couple allegedly orchestrated an $11 million insurance fraud scheme through unauthorized dental practices, deceiving patients and insurers to fund a luxury lifestyle.
January 7, 2025 Fraud Insurance Industry Legislation & Regulation Risk Management Florida

Florida Condo Owners Brace for Higher Costs Amid New Safety Rules

Florida Condo Owners Brace for Higher Costs Amid New Safety Rules

Florida’s condo owners confront rising fees due to stricter safety laws aimed at preventing disasters like the 2021 Surfside collapse, with inspections, reserve funding, and insurance costs at the forefront.
January 6, 2025 Insurance Industry Legislation & Regulation Property Risk Management Florida

Year-End Tornadoes Spark Surge in Insurance Claims Across Southern States

Year-End Tornadoes Spark Surge in Insurance Claims Across Southern States

Severe storms from December 26–29, 2024, caused extensive tornado damage across 10 Southern states, generating over 2,700 insurance claims and highlighting a rising trend in extreme weather events.
January 6, 2025 Catastrophe Insurance Industry Property Risk Management Alabama Mississippi North Carolina South Carolina Texas

How AI is Revolutionizing Insurance in 2025

How AI is Revolutionizing Insurance in 2025

The insurance industry is entering a transformative era as AI moves from isolated pilots to enterprise-wide implementations, reshaping claims, customer service, and underwriting processes.
January 6, 2025 Insurance Industry Property Risk Management Technology

Senior Treasury Officials’ Computers Hacked in Cybersecurity Breach

Senior Treasury Officials’ Computers Hacked in Cybersecurity Breach

Chinese state-backed hackers reportedly accessed unclassified files on senior U.S. Treasury leaders’ computers in a major breach involving a federal software provider.
January 3, 2025 Insurance Industry Litigation Risk Management Technology

Classic Car Owners Struggle as Auto Insurance Costs Skyrocket

Classic Car Owners Struggle as Auto Insurance Costs Skyrocket

Classic car enthusiasts face rising insurance premiums, with rates climbing six times faster than inflation, leaving many overpaying for insufficient coverage.
January 3, 2025 Auto Insurance Industry Liability Risk Management

Global Flood Losses in 2024 Reach $18.2 Billion as CRESTA Integrates Into PERILS

Global Flood Losses in 2024 Reach $18.2 Billion as CRESTA Integrates Into PERILS

Flooding caused 78% of global catastrophe losses in 2024, totaling $18.2 billion. CRESTA integrates its loss index into PERILS for streamlined reporting starting January 2025.
January 3, 2025 Catastrophe Insurance Industry Risk Management Technology

Florida Court Clears Uber of Liability in Driver’s Fatal Accident

Florida Court Clears Uber of Liability in Driver’s Fatal Accident

A Florida appeals court ruled that Uber is not responsible for a wrongful death claim, as the driver involved in the fatal accident was off duty and logged out of the Uber app.
January 3, 2025 Insurance Industry Legislation & Regulation Liability Litigation Florida
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