
Berkshire Hathaway’s Insurance Sector Shines Amidst Overall Performance Caution
Warren Buffett’s latest annual report for Berkshire Hathaway may have tempered expectations for the conglomerate’s future "eye-popping performance," but the insurance sector, led by GEICO’s remarkable turnaround, provided a glimmer of profitability and growth amidst the caution.
February 26, 2024
Insurance Industry
Property
Risk Management
Technology

UnitedHealth Group’s Subsidiary Hit by Suspected Nation-State Cyberattack
The healthcare industry faces a significant cybersecurity challenge as UnitedHealth Group’s subsidiary, Change Healthcare, falls victim to a cyberattack suspected to be orchestrated by government-backed hackers.
February 26, 2024
Insurance Industry
Life & Health
Technology
Michigan

Celebrating the 2024 Power Brokers: A Deep Dive into the Prestigious Insurance Award
In its 18th year, the Power Broker contest highlights the industry’s top talent, showcasing winners selected for their innovative risk solutions and service.
February 26, 2024
Insurance Industry
Property
Risk Management
Workers' Compensation

Revolutionizing Risk Management in the Age of Generative AI
As generative AI transforms industries, Munich Re leads with innovative insurance solutions to navigate emerging risks and opportunities.
February 22, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Court Challenges Pennsylvania’s Drug Cost Calculation in Workers’ Compensation Cases
A Pennsylvania court ruling against the use of Red Book values for drug pricing in workers’ compensation highlights the need for a fair and accurate cost determination method.
February 22, 2024
Insurance Industry
Legislation & Regulation
Workers' Compensation
Pennsylvania

U.S. Commercial Auto Insurers Face New Challenges Post-Pandemic
After a brief pandemic respite, U.S. commercial auto insurers grapple with profitability due to digital transformation lags and economic pressures.
February 21, 2024
Auto
Insurance Industry
Technology

Louisiana Sets Precedent with Mandatory Smoking Cessation Coverage
A landmark Louisiana law mandates health insurance to cover six months of smoking cessation treatments, marking a significant public health advancement.
February 20, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Risk Management
Louisiana
Virginia

Navigating the Complex Landscape of Social Media Account Ownership in Online Marketing
The Second Circuit’s ruling on JLM Couture v. Gutman offers a legal framework for determining social media account ownership, emphasizing original ownership and valid transfers.
February 20, 2024
Insurance Industry
Litigation
Risk Management
Technology
New York

Tragedy Strikes Marvel’s "Wonder Man" Set Highlighting the Cost of Safety Overlooked
In the wake of a heartrending incident on the "Wonder Man" production, the entertainment community faces a critical moment of reflection.
February 19, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
California
Swiss Re CEO Highlights Climate Crisis as Major Factor in Rising Insurance Costs
The CEO of Swiss Re underscores the need for fair risk valuation amid rising insurance costs, pointing to climate change as a significant driver of recent price adjustments.
February 19, 2024
Catastrophe
Insurance Industry
Risk Management
California
Colorado
Florida
Idaho
New Jersey

Organizations Struggle with Strategic AI Implementation, Says Gallagher’s State of the Sector Report
A significant gap in internal AI usage guidelines exists, despite potential benefits for efficiency and communication quality.
February 16, 2024
Education & Training
Insurance Industry
Risk Management
Technology

The Crucial Role of Data Quality in Leveraging AI for Business Growth
High-quality data sets are essential for businesses aiming to leverage AI effectively, ensuring accurate predictions and strategic growth.
February 16, 2024
Insurance Industry
Risk Management
Technology

Prudential Financial Proactively Discloses Cybersecurity Breach Amid New SEC Reporting Mandate
Prudential Financial takes a proactive stance in disclosing a recent cyber breach, potentially setting a new trend for early incident reporting.
February 15, 2024
Insurance Industry
Legislation & Regulation
Technology

Museums Face Rising Cybersecurity Threats Amid Increased Digital Presence
With technology integration, museums encounter heightened cyber threats, emphasizing the need for robust security measures and cyber insurance.
February 14, 2024
Insurance Industry
Risk Management
Technology

Rhode Island Sets New Professional Courtesy Standards for Insurance Adjusters
The Rhode Island Department of Business Regulation issues guidelines to enhance professionalism in claims handling by insurance adjusters and companies.
February 13, 2024
Insurance Industry
Legislation & Regulation
Rhode Island



