Human Nature Reason Everyone Isnt Fighting Climate Change
Ill make a prediction, which is a hallmark of science: I do not think that anything substantial will happen to combat the effects of climate change for the next 10 to 20 years, because that is how long it will take for the public to care.
August 5, 2019
Catastrophe
Risk Management
Jaw-Dropping Settlements Becoming The Norm In Retail Slip And Fall Claims
Jurors in Leon County, Florida, recently awarded nearly $2 million to Stephanie Jenkins, aged 47, who suffered serious injuries after slipping and falling inside a USA Grocers in Tallahassee.
August 1, 2019
Liability
Litigation
Risk Management
To Launch A Successful Claims Closure Initiative, The Key Is Changing Company Culture
Claims closure projects arent a simple matter, but theyre well worth the effort. By closing claims that are 20-30 years old, companies are often able to settle for less than the case reserve and save on any future incurred but not reported (IBNR) costs associated with a particular case.
July 30, 2019
Risk Management
Workers' Compensation
The Time To Prepare Is Now, With One Hurricane Down And More To Come
Hurricane Barry has come and gone, and while the first hurricane to make landfall in the US this season didnt wreak as much havoc as expected, there are still other storms slated to appear in the summer and fall.
July 24, 2019
Catastrophe
Property
Risk Management
5 Things People Get Wrong About Medical Marijuana In Workers Comp
Theres been lots of talk about medical marijuana as a safe alternative to opioids for the treatment of chronic pain, a common diagnosis among workers compensation patients.
July 23, 2019
Risk Management
Workers' Compensation
How Dutch Stormwater Management Could Mitigate Damage From Hurricanes
Recent hurricane seasons have been vicious, last years killed more than a hundred people and inflicted more than $50 billion dollars in damages. The country is still deep in recovery and this years storm season is already underway.
July 22, 2019
Catastrophe
Education & Training
Property
Risk Management
The Future Of Drones Is Up In The Air: Consider The Risks Carefully
Developments like Amazons recent announcement that it expects “within months” to begin delivering packages via drone, coupled with the anticipated impact of 5G wireless technology on drone use, have captured headlines. How drones ultimately will be used is uncertain, but its clear that increased use of unmanned aircraft will likely alter the risk landscape.
July 19, 2019
Liability
Risk Management
Booming Scooter Service Challenges Risk Management Conventions
From a start of effectively zero in 2017, there were more than a million scooter rides in 2018, noted Jillian Slyfield, digital economy practice leader at Aon.
July 15, 2019
Liability
Risk Management
Insurance Taskforce Seeks Federal Backstop For Catastrophic Cyber Loss
The cyber insurance industry has grown exponentially in the past decade. As more and more businesses — of all sizes and in every sector — purchase cyber policies, the cyber insurance industry gains stronger and more actionable data insights.
July 15, 2019
Excess & Surplus Lines
Legislation & Regulation
Risk Management
Technology
Growing Risks From Malicious Drones
Recent drone attacks in Saudi Arabia dramatically illustrate several key issues relevant to terrorist and security risk assessment. This should be enough to cause private entities, governments and insurers to reassess their prior risk assessments and security planning around important infrastructure, iconic buildings and large scale events.
July 11, 2019
Risk Management
Fulfilling AIs Promise In Workers Comp
The term “artificial intelligence” (AI) is weaving its way into the mainstream of insurance companies of all sizes. Its a hot topic: Consider that at the recent Dig | In event in Austin, Texas, at least half a dozen exhibitors classified themselves as “AI” or “AI/Fraud” companies.
July 9, 2019
Risk Management
Technology
Workers' Compensation
California Wildfires: A Call For Best Practices From Insurers, Legislators
Californias insurance commissioner Ricardo Lara recently announced two new actions intended to help survivors of the states recent spate of catastrophic wildfires who are facing unavoidable delays in rebuilding.
July 1, 2019
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Zurich Makes Commitment To UN Pledge To Take On Climate Change
Zurich Insurance Group has announced that it is the first insurer to commit to the UN Global Compact Business Ambition Pledge — an initiative that aims to limit global temperature rise to 1.5°C above pre-industrial levels.
July 1, 2019
Risk Management
Report Finds Mergers and Acquisitions Claims On The Rise, With $1 Trillion On The Line
The fourth annual edition of AIGs M&A Claims Intelligence Series reveals increases in the severity and long-tail nature of M&A claims that, coupled with a competitive marketplace, declining rates and broadening terms and conditions, could mean serious challenges to profitability and an increased likelihood of higher rates.
June 27, 2019
Excess & Surplus Lines
Risk Management
Momentous Change And Mobile Devices
Technology is the foundation of the insurance industry: the means to solve or approximate answers to questions about the cost and availability of insurance, in addition to ways to reduce risk, improve service and expand coverage.
June 26, 2019
Risk Management
Technology



