The National Conference of Insurance Guaranty Funds (NCIGF) is bolstering its efforts to assist state guarantee funds, focusing on operational support, education, and public policy management.

Despite cooling predictions, inflation remains the primary concern for insurance executives worldwide for the third consecutive year, according to the International Insurance Society’s annual survey.

Adjusters in the insurance industry, particularly those working in property claims, are expressing significant frustration and burnout due to overwhelming workloads and unrealistic expectations.

The 2024 Kiteworks report highlights the rising risks associated with the proliferation of communication tools, data exchanges with third parties, and inadequate governance, emphasizing the urgent need for enhanced data security and compliance measures.

Pennsylvania’s latest insurance regulations allow surplus line licensees to charge service fees and offer enhanced nonmonetary gifts to policyholders, improving transparency and market dynamics.

Policyholders are preparing to file claims after a CrowdStrike outage, which was confirmed to be a non-cyberattack caused by a software update issue.

In wildfire-prone California, mulch can inadvertently create a fire hazard, prompting homeowners to consider safer landscaping alternatives.

Technology aids in spotting insurance fraud, but human expertise remains crucial to ensure accuracy and maintain consumer trust.

California Insurance Commissioner Ricardo Lara has requested a comprehensive study from the WCIRB on workers’ compensation claims for silicosis, aiming to better understand and support affected workers.

Independent agents play a crucial role in helping clients find the right home insurance policies and sharing essential safety tips, especially during summer.

The recent Microsoft Cloud outage is expected to drive significant business interruption claims, challenging the cyber insurance industry, particularly specialist insurer Beazley.

An administrative assistant admitted to stealing over $35,000 from an Adams County dentist’s office, forging insurance claims, and depositing checks into her personal account, according to court documents.

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.

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.

The RGA Leaders of Tomorrow program, now celebrating its 10th anniversary, has mentored and inspired future insurance executives since its inception.