Taylor Swift’s cancelled Vienna concerts, due to a foiled attack, could result in tens of millions in insurance claims, though the financial impact is mitigated by event rescheduling and coverage from multiple insurers.

The recent Microsoft-CrowdStrike outage disrupted businesses worldwide, highlighting the importance of robust cybersecurity measures and proactive risk management strategies to prevent widespread economic and operational setbacks.

Innovation in workers’ comp often stalls due to cost-focused approaches, but new findings suggest that improving patient outcomes could significantly reduce overall expenses and accelerate return-to-work times.

Despite recent reports of its demise, insurtech is thriving within large carriers, driving innovation and competitive advantage through technologies like telematics, IoT, and data analytics.

Analyzing over 1.2 million workers’ compensation claims from 2017 to 2021, the 2024 Travelers Injury Impact Report reveals critical trends to help businesses enhance workplace safety and reduce injury-related costs.

William Oldham Mize, the mastermind behind a multimillion-dollar insurance fraud scheme involving staged accidents, pled guilty in Spokane Federal Court. The scheme spanned multiple states and involved numerous conspirators, resulting in over $6 million in fraudulent insurance claims.

A recent report by Allianz Commercial reveals that collisions and crashes constitute over half of aviation insurance claims by value and a third by number over the past five years.

Global insured losses from natural catastrophes have surged to $60 billion in the first half of 2024, with severe thunderstorms in the US contributing significantly.

Delta’s claims against Microsoft and CrowdStrike are misleading, say tech giants.

Insurance firms are increasingly adopting generative AI, which is transforming customer service, claims management, and overall operational efficiency.

Global insurtech financing rose 40% to $1.27 billion in Q2, largely driven by AI-focused investments, according to reinsurance broker Gallagher Re.

Norwegian salmon farms are experiencing unprecedented fish mortality rates this year due to an unusually harsh winter and the El Nino climate phenomenon.

Residents in predominantly Black towns like Gloster, Mississippi, report worsening health and environmental conditions since the expansion of wood pellet plants for renewable energy.

Florida’s 2024 hurricane season, expected to be highly active, may lead to additional bond issuance for the Florida Hurricane Catastrophe Fund (FHCF) while Citizens Property Insurance Corporation is less likely to require new debt.

James Keating pleads guilty to defrauding Allied World Insurance Company of nearly $1.5 million. Keating, a former Assistant Vice President and surety bond claims handler, carried out the fraud while working for Allied World and later U.S. Fire Insurance Company.