As the world becomes increasingly reliant on connected technology, the threat of cyberattacks and data breaches continues to grow.

Soaring combined ratios demonstrate P&C insurance is due for fundamental, structural reform. Innovative solutions are available.

Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the ‘second tornado season’ for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant.

The exodus of some insurers from states badly affected by catastrophic climate-related events represents an opportunity for the carriers that remain, but comes with a need to understand the potential effect it has on customer perceptions, according to the J.D. Power 2023 U.S. Home Insurance Study.

About 8 out of 10 business owners recently surveyed expressed worries that specific events or losses would have the potential to affect their firms despite their existing business insurance coverage. Life insurance and business owner policies tied as the top concerns.

New research highlights the urgency for insurance companies to shift from complex, costly legacy systems burdened with outdated technology to modern systems to remain competitive in the current market, according to a new report released by Info-Tech Research Group.

With rising inflation and interest rates, geopolitical tensions, climate change uncertainty, and growing competition, U.S. insurance carriers face several challenges to delivering consistent, high-quality insurance services and products to the marketplace.

The latest Insurance Information Institute (Triple-I) research indicates that between 2013 and 2022, economic and social inflation fueled a $96 to $105 billion increase in combined claim payouts for U.S. personal and commercial auto insurer liability.

While on-field activities get the attention, an army of professionals works behind the scenes to conduct the business of sports. Whether the sport is football, soccer, basketball or even eSports, all have one thing in common — they require insurance.

As part of its attack on the risk crisis, Triple-I recently participated in a project led by the National Institute of Building Sciences (NIBS) to develop a roadmap for mitigation investment incentives.

The next big thing in construction is 3D-printed structures. There are already 3D-printed houses, offices, public buildings, and other structures around the world with notable 3D-printed projects in China, Europe, and the U.S.

Data is at the core of risk management, and the National Association of Insurance Commissioners (NAIC) is seeking to identify gaps in the data state regulators collect from insurers -- particularly with respect to understanding insurance availability and affordability.

The ability to work remotely used to be considered a luxury: a valuable perk that many employees desired, but that most didn’t have. Times have changed, and we now live in a remote work world.

It’s a tale as old as 2021: millions of employees across the United States are quitting their jobs each month, whether to pursue remote work, to capitalize on higher wages offered in response to shrinking applicant pools, in an attempt to finally turn their passion into a career, or simply to retire.

The best claim is the one that never happens. That’s what the team behind the Predict & Prevent podcast believes. But to truly predict and prevent a claim requires a deviation from the traditional ‘detect and repair’ mentality of risk management.