Increasing Risk in Sensitive Data Communications: Kiteworks 2024 Report

The 2024 Kiteworks report highlights the rising risks associated with the proliferation of communication tools, data exchanges with third parties, and inadequate governance, emphasizing the urgent need for enhanced data security and compliance measures.
July 22, 2024 Insurance Industry Litigation Risk Management Technology California

Pennsylvania Introduces Regulatory Changes for Surplus Line Licensees and Policyholder Incentives

Pennsylvania’s latest insurance regulations allow surplus line licensees to charge service fees and offer enhanced nonmonetary gifts to policyholders, improving transparency and market dynamics.
July 22, 2024 Excess & Surplus Lines Insurance Industry Legislation & Regulation Risk Management Pennsylvania

Policyholders Prepare Claims Post CrowdStrike Outage

Policyholders are preparing to file claims after a CrowdStrike outage, which was confirmed to be a non-cyberattack caused by a software update issue.
July 22, 2024 Insurance Industry Risk Management Technology

Mulch: An Overlooked Fire Hazard in California’s Landscaping

In wildfire-prone California, mulch can inadvertently create a fire hazard, prompting homeowners to consider safer landscaping alternatives.
July 22, 2024 Catastrophe Insurance Industry Property Risk Management California

Balancing Technology and Human Touch in Insurance Fraud Detection

Technology aids in spotting insurance fraud, but human expertise remains crucial to ensure accuracy and maintain consumer trust.
July 22, 2024 Fraud Insurance Industry Risk Management Technology

Gulf Coast Disasters 2020-2021: Impacts and Lessons

Exploring the compounded impacts of multiple disasters on Gulf Coast communities from 2020 to 2021 and the lessons learned to enhance future resilience.
July 22, 2024 Catastrophe Life & Health Property Risk Management Alabama Florida Louisiana Mississippi Texas

Independent Agents Ensure Safe Summer Celebrations for Homeowners

Independent agents play a crucial role in helping clients find the right home insurance policies and sharing essential safety tips, especially during summer.
July 19, 2024 Education & Training Insurance Industry Liability Risk Management

Microsoft Cloud Outage Highlights Cyber Insurance Challenges

The recent Microsoft Cloud outage is expected to drive significant business interruption claims, challenging the cyber insurance industry, particularly specialist insurer Beazley.
July 19, 2024 Insurance Industry Risk Management

Pennsylvania Dental Office Employee Admits to Stealing $35,000

An administrative assistant admitted to stealing over $35,000 from an Adams County dentist’s office, forging insurance claims, and depositing checks into her personal account, according to court documents.
July 19, 2024 Fraud Insurance Industry Litigation Risk Management Pennsylvania

Auto Theft in Canada Drops 17% in 2024

Auto theft in Canada has decreased by 17% in the first half of 2024, thanks to increased border patrols, police collaboration, and government actions, a report finds.
July 19, 2024 Auto Fraud Legislation & Regulation Risk Management

The Benefits of AI and Skills-Based Hiring in the Modern Workforce

Skills-based hiring and salary levels can lead to better results and access to a wider talent pool as AI accelerates the pace of change.
July 19, 2024 Education & Training Insurance Industry Risk Management Technology

Tennessee Raises Standards for Data Breach Class Actions

Tennessee’s new law, Public Chapter 991, requires plaintiffs to prove "willful and wanton misconduct or gross negligence" in data breach class action cases, moving beyond simple negligence.
July 19, 2024 Legislation & Regulation Litigation Risk Management Technology Tennessee

NCCI Report Highlights Profitability and Challenges in Workers’ Compensation Insurance

The NCCI reports sustained profitability in private workers’ compensation insurance, with a combined ratio of 86 for the past two years and below 90 for seven consecutive years.
July 19, 2024 Insurance Industry Risk Management Technology Workers' Compensation

Niches: The Future of the Insurance Market?

Skyward Specialty’s CEO Andrew Robinson shares insights on the power of focusing on niche markets in insurance.
July 19, 2024 Insurance Industry Risk Management Technology Underwriting California

Keys to Successful Digital Transformation for Insurance Firms

Assessing the market, balancing technology and business, and committing to growth are key steps in successful digital transformation.
July 17, 2024 Life & Health Risk Management Technology Underwriting
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