Insurance Rate Secrecy Protected by Court in Key Legal Decision
Examining the court’s decision to seal crucial insurance rate information, weighing transparency against the need for competitive confidentiality.
December 21, 2023
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Washington
Data Modernization as a Strategic Imperative in Today’s Insurance Industry
Exploring the essential role of data and analytics in the insurance sector, emphasizing strategic alignment and the push for innovation.
December 21, 2023
Insurance Industry
Risk Management
Technology
Surge in Tax and Litigation Business Insurance as Companies Seek Greater Financial Security
Businesses are increasingly turning to tax and litigation insurance for added financial protection amid evolving market risks.
December 20, 2023
Insurance Industry
Litigation
Risk Management
Underwriting
Dubai Aerospace Enterprise Secures $118 Million Settlement, Continues Litigation Against Insurers
Dubai Aerospace Enterprise receives a substantial insurance settlement from Aeroflot’s insurer, while continuing its legal battle with other insurers.
December 20, 2023
Insurance Industry
Litigation
Property
Risk Management
Insurance Industry at a Crossroads with Technology Transformation and Customer Focus
Examining the pitfalls of past insurance transformations and the urgent need for a customer-focused, technologically adept future in the industry.
December 20, 2023
Insurance Industry
Risk Management
Technology
Underwriting
Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports
Prestige Underwriting’s report, in collaboration with Aon’s Finaccord, forecasts significant growth in the non-standard insurance market by 2030, driven by unique property types and evolving motor vehicle trends.
December 19, 2023
Auto
Insurance Industry
Property
Risk Management
2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins
In 2023, hurricanes Lee, Jova, and Otis set records for rapid intensification, reflecting an active global tropical season with significant impacts on insurance and risk management.
December 19, 2023
Catastrophe
Insurance Industry
Property
Risk Management
Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future
Exploring Lemonade’s insurtech strategies and State Farm’s smart home vision to understand future trends in insurance technology and customer experience.
December 19, 2023
Education & Training
Insurance Industry
Property
Technology
The Future of Insurtech: Top 5 Trends Revolutionizing Insurance in 2024
Exploring five groundbreaking insurtech trends set to redefine the insurance landscape in 2024, from AI-driven insights to embedded insurance.
December 15, 2023
Auto
Insurance Industry
Risk Management
Technology
U.S. Wildfire Frequency and Severity at 20-Year Low Despite Global Rise, Says Triple I Report
The Insurance Information Institute reports a surprising decline in U.S. wildfire frequency and severity, contrasting with global trends, as mitigation efforts show positive results.
December 14, 2023
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
California
Texas
Florida Adjusters Allege Insurance Companies Altered Damage Estimates, Demand Investigation
Independent claims adjusters in Florida allege several insurance companies have misleadingly altered wind damage estimates, sparking calls for an investigation into potential fraud.
December 14, 2023
Fraud
Insurance Industry
Legislation & Regulation
Property
Florida
Court Orders Insurer to Pay $27M for Failing to Defend in Construction Defect Case
South Carolina Court penalizes Penn National with a $27 million payment for its failure to defend a policyholder in a construction defect lawsuit, despite coverage limitations.
December 14, 2023
Insurance Industry
Legislation & Regulation
Liability
Litigation
South Carolina
Former Georgia Agent Charged with Insurance Fraud and Forgery
A former insurance agent in Georgia faces charges for allegedly diverting a $3,500 premium payment to his personal account, sparking an investigation by the state’s insurance commissioner.
December 13, 2023
Fraud
Insurance Industry
Legislation & Regulation
Liability
Georgia
Navigating the Shifting Landscape: Strategies for the Evolving Workers’ Compensation Market
As the workers’ compensation market begins to shift, exploring expert insights and strategies for agents and insureds in navigating these changes in 2024.
December 13, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
California
New Jersey
New York
Bridging Digital and Physical: Innovating Customer Interactions in the E-Commerce Era
Exploring the complexities of merging digital and physical customer interactions in the e-commerce landscape, and the shift towards human-centered approaches.
December 13, 2023
Education & Training
Insurance Industry
Risk Management
Technology
