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Canopius Group Expands Cannabis Insurance Products to Include Transportation Coverage

Canopius Group Expands Cannabis Insurance Products to Include Transportation Coverage

Canopius Group broadens its cannabis insurance offerings to include coverage for the transportation of cannabis-related products, aligning with legal frameworks.
November 14, 2023 Legislation & Regulation Liability Risk Management

GE Aerospace Settles for $9.4 Million Over Inspection Lapses in Military Equipment

GE Aerospace Settles for $9.4 Million Over Inspection Lapses in Military Equipment

GE Aerospace settles with the federal government for $9.4 million over claims of inadequate inspections and nonconforming parts in military equipment.
November 13, 2023 Legislation & Regulation Liability Risk Management Technology Massachusetts Ohio

Cyber Insurance Market Emerges as a Highly Profitable Sector Despite Rising Ransomware Attacks

Cyber Insurance Market Emerges as a Highly Profitable Sector Despite Rising Ransomware Attacks

Amid a surge in ransomware attacks, the cyber insurance market remains highly profitable with strong growth potential, demonstrating resilience in the face of evolving cyber threats.
November 13, 2023 Liability Risk Management Technology Underwriting

Florida Insurance Agent Charged in Major Fraud Case Involving Over $130K and Hurricane Ian Claims

Florida Insurance Agent Charged in Major Fraud Case Involving Over $130K and Hurricane Ian Claims

A Palm Beach insurance agent's arrest for fraud casts a shadow on the trust placed in industry professionals.
November 8, 2023 Catastrophe Fraud Liability Property Florida

Nevada Confronts Soaring Auto Insurance Costs in Public Webinar

Nevada Confronts Soaring Auto Insurance Costs in Public Webinar

The Nevada Division of Insurance recently held a live webinar to provide the public with an opportunity to discuss the rising cost of auto insurance in the state.
November 8, 2023 Auto Legislation & Regulation Liability Risk Management Nevada

Rethinking Road Rules: U.S. Cities Contemplate ’Right on Red’ Prohibition to Safeguard Pedestrians

Rethinking Road Rules: U.S. Cities Contemplate ’Right on Red’ Prohibition to Safeguard Pedestrians

A dramatic rise in accidents killing or injuring pedestrians and bicyclists has led to a myriad of policy and infrastructure changes.
November 7, 2023 Auto Legislation & Regulation Liability Risk Management California District Of Columbia Illinois Michigan Washington

Embracing AI in Insurance: Balancing Efficiency and Data Security

Embracing AI in Insurance: Balancing Efficiency and Data Security

While generative AI tools offer immense benefits, they also come with legal risks. Insurance brokers, producers, and account executives need to be aware.
November 7, 2023 Education & Training Liability Technology California

Unveiling the Three-Stage Digital Revolution in the Insurance Industry

Unveiling the Three-Stage Digital Revolution in the Insurance Industry

In an interview with Insurance Thought Leadership, Gaurav Garg from Oliver Wyman discusses the digital transformation in the insurance industry.
October 31, 2023 Auto Education & Training Liability Risk Management Technology

Unveiling Modern Trial Tactics in Transportation Cases through Expert Roundtable

Unveiling Modern Trial Tactics in Transportation Cases through Expert Roundtable

CLM's Transportation Community experts discuss virtual mediations and assessing the strength of the plaintiff's attorney.
October 31, 2023 Auto Education & Training Insurance Industry Liability Litigation Illinois Massachusetts Pennsylvania

Halloween Drunk Driving: A Frightening Reality of Impaired Drivers Amid Celebrations

Halloween Drunk Driving: A Frightening Reality of Impaired Drivers Amid Celebrations

The only thing scarier than zombies and witches loose on the streets on Halloween is an impaired driver, according to the U.S. Department of Transportation's National Highway Traffic Safety Administration.
October 30, 2023 Auto Legislation & Regulation Liability Risk Management

Erie Insurance Faces Accusations of Racial Bias in Underwriting Practices

Erie Insurance Faces Accusations of Racial Bias in Underwriting Practices

Erie Insurance defends its practice of telling agents to use subjective factors when judging a potential customer. Maryland regulators say the company sought to exclude Black and Hispanic people.
October 30, 2023 Insurance Industry Legislation & Regulation Liability Litigation Maryland New York Pennsylvania

Matthew Perry’s Hot Tub Incident Highlights Insurance Risk Concerns

Matthew Perry’s Hot Tub Incident Highlights Insurance Risk Concerns

When it comes to washing away stress and soothing achy joints, it's hard to beat the warm water and gurgling jets, but the actor's untimely death serves as a painful reminder of the risks inherent to owning a hot tub.
October 30, 2023 Insurance Industry Liability Risk Management

Insurance Claims Spookily Spike as Halloween Nears, Says APCIA

Insurance Claims Spookily Spike as Halloween Nears, Says APCIA

Halloween might be the scariest time of the year in more ways than one. Home and auto insurance claims tend to go up the closer we get to Oct. 31, according to the American Property Casualty Insurance Association.
October 30, 2023 Auto Liability Property

Virginia School Shooting Sparks Legal Dilemma: Workers’ Compensation or $40 Million Lawsuit for Injured Teacher?

Virginia School Shooting Sparks Legal Dilemma: Workers’ Compensation or $40 Million Lawsuit for Injured Teacher?

A heated debate has emerged about the once-unimaginable shooting of a teacher by her 6-year-old student: How should the school district take care of the teacher?
October 27, 2023 Education & Training Legislation & Regulation Liability Litigation Workers' Compensation Virginia

Striking a Digital Balance: Insurers Tackling Claims Complexity in a Digital Age

Striking a Digital Balance: Insurers Tackling Claims Complexity in a Digital Age

Americans are turning to digital channels for some home and auto insurance needs, but other areas have proven more complicated.
October 27, 2023 Auto Insurance Industry Liability Property Technology
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