Cloud Technology: Key to Digital Transformation in Insurance Sector
In the post-pandemic landscape, cloud technology emerges as a crucial tool for insurance companies to meet escalating digital demands and enhance customer experiences.
January 22, 2024
Insurance Industry
Technology
Underwriting
Liberty Mutual Launches ProShield for Enhanced Management Liability Coverage
ProShield, a new offering by Liberty Mutual, streamlines Directors & Officers and other liability coverages for private companies and non-profits, with Brent Tan appointed as Senior Director.
January 22, 2024
Insurance Industry
Liability
Underwriting
Study Reveals Young Buyers Favor Integrated Car and Insurance Shopping Experience
A recent study by Polly highlights a strong preference among Millennials and Gen Z for a unified car purchasing and insurance experience, leveraging technology.
January 19, 2024
Auto
Insurance Industry
Technology
Rhode Island Bill Proposes Amendments to Enhance Workers’ Compensation Law
HB 7173 aims to reform Rhode Island's workers' compensation law, focusing on employee rights and anti-discrimination measures, with significant implications for employers.
January 19, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Rhode Island
Exploring New Horizons in Insurance Talent and Leadership through the Shin Research Program Insights
Discover groundbreaking insights from the Shin Research Program, exploring talent and leadership trends in the insurance industry, focusing on skills, growth, and innovation.
January 19, 2024
Education & Training
Insurance Industry
Risk Management
Technology
Record Global Insured Losses from Natural Catastrophes Highlight Growing Climate Challenges
Gallagher Re's report reveals that secondary perils and severe weather events have led to global insured losses of $123 billion in 2023, marking a concerning trend in climate-related damages.
January 18, 2024
Catastrophe
Insurance Industry
Risk Management
Florida Appeals Court Upholds $2.7 Million Tax Ruling Against State Farm
State Farm's appeal fails as Florida court affirms the insurer's obligation to pay $2.7 million in corporate taxes, interpreting state and local bond interest inclusions.
January 18, 2024
Insurance Industry
Legislation & Regulation
Litigation
Florida
Auto Insurance Premiums Surge, Contributing Significantly to U.S. Inflation Rates
Auto insurance rates, recording the highest increase since the 1970s, emerge as a key factor in sustaining high inflation rates in the United States.
January 18, 2024
Auto
Insurance Industry
Legislation & Regulation
Navigating New Cyber Insurance Challenges and Evolving Coverage
A comprehensive look at the changing landscape of cyber insurance in 2024, highlighting the industry's response to increased cyber risks, evolving coverage, and regulatory challenges.
January 18, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
California
Texas
New York Proposes Guidelines for Fair AI Use in Insurance Underwriting
New York's Department of Financial Services proposes new guidelines to ensure AI and external data in insurance underwriting don't lead to unfair discrimination, emphasizing consumer protection.
January 18, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
New York
Swiss Re CEO Stresses Net-Zero Transition and Insurance’s Role at Davos 2024
Christian Mumenthaler, CEO of Swiss Re, highlights the unstoppable momentum of the net-zero transition and the critical feedback role of insurance premiums in climate change at the World Economic Forum.
January 18, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Florida Senate Advances Bill to Restructure Citizens Property Insurance
A new Florida Senate bill aims to transform Citizens Property Insurance Corp, focusing on high-value homes and removing premium caps.
January 17, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
Combating Insurance Fraud in Canada: The Digital Identity Solution
As insurance fraud rates rise in Canada, digital identity verification emerges as a key tool for balancing fraud prevention with customer experience.
January 17, 2024
Fraud
Insurance Industry
Risk Management
Technology
Insurtech Leaders Forecast a Tech-Driven 2024 in Insurance
Leading insurtech experts predict a 2024 marked by evolving risk management, AI-human synergy, and innovative insurance solutions.
January 17, 2024
Insurance Industry
Risk Management
Technology
Embracing Technology: The Future of Insurance in a Digital World
Discover how technology is revolutionizing the insurance industry with AI, RPA, IoT, and more, shaping a new era of customer experience and efficiency.
January 17, 2024
Insurance Industry
Risk Management
Technology
Underwriting
