Allstate’s Drivewise App Linked to Safer Driving and Fewer Severe Collisions

Allstate reports that users of its Drivewise app are 25% less likely to experience severe collisions, promoting safer driving behaviors.
May 13, 2024 Auto Insurance Industry Risk Management Technology

Revolutionizing Payment Systems in the Insurance Industry

Modernizing payment systems in insurance is crucial to meet evolving consumer preferences and enhance security and efficiency.
May 13, 2024 Insurance Industry Legislation & Regulation Risk Management Technology

Supercell Storms Unleash Giant Hail in Central Texas

Supercell thunderstorms cause significant damage in Central Texas, with reports of hail as large as CDs.
May 10, 2024 Catastrophe Insurance Industry Risk Management Texas

The Future of AI in Workers Compensation Claims Management

Artificial intelligence is set to revolutionize workers compensation claims, with AI teams providing holistic support to human adjusters.
May 10, 2024 Insurance Industry Risk Management Technology Workers' Compensation

Study Reveals Increased Workplace Accidents Due to High Heat

A new report by the Workers Compensation Research Institute highlights a 5-6% increase in work-related accidents when temperatures exceed 90 degrees, particularly in the southern U.S. and construction industry.
May 10, 2024 Insurance Industry Life & Health Risk Management Workers' Compensation

Comprehensive Strategies in Cybersecurity Insurance for Modern Businesses

Explore how businesses can bolster defenses and manage risks through innovative cybersecurity insurance solutions in a digitally driven marketplace.
May 9, 2024 Insurance Industry Risk Management Technology

Overcoming the Cost Barrier: Tackling High Insurance Premiums for Electric Vehicles

With insurance costs for electric vehicles approximately 20% higher than for traditional cars, addressing these premiums is crucial for broader EV adoption.
May 9, 2024 Auto Insurance Industry Risk Management Technology

FM Global COO Bret Ahnell Explores Property Insurance Challenges and Opportunities

FM Global’s COO Bret Ahnell speaks with Risk & Insurance and addresses the prolonged hard market, impacts of climate change, and the shift towards renewable energy in property insurance.
May 8, 2024 Insurance Industry Property Risk Management

Wegmans Reduces Litigation and Enhances Worker Recovery with AI-Enhanced Claims Management

At Wegmans, AI technology has slashed litigation rates and improved response times in workers’ compensation claims, leading to faster, more effective treatment.
May 8, 2024 Insurance Industry Litigation Risk Management Technology Workers' Compensation New York

FAA Investigates Boeing After Inspection Records Were Falsified on 787 Dreamliners

The FAA has launched an investigation into Boeing’s 787 Dreamliner after some employees reportedly skipped critical inspections, falsifying records in the process.
May 7, 2024 Legislation & Regulation Risk Management Technology

Swiss Re Advocates for Advanced Data Utilization to Bridge the NatCat Protection Gap

As natural catastrophe losses escalate, Swiss Re emphasizes the use of data-driven insights to enhance global insurance access and climate risk management.
May 7, 2024 Catastrophe Insurance Industry Risk Management Technology

Sentry’s Injured Worker Well-being Report Highlights Crucial Link Between Behavioral Health and Recovery Outcomes

Sentry’s recent report underscores the significant effect of behavioral health on workers’ compensation claims, urging early intervention.
May 7, 2024 Life & Health Risk Management Technology Workers' Compensation Wisconsin

NHTSA Opens Investigation Into Tesla’s Recall Effectiveness and Requests Detailed Information

The National Highway Traffic Safety Administration has initiated an investigation to assess the effectiveness of Tesla’s recall remedies and has requested detailed information from the automaker.
May 7, 2024 Auto Risk Management Technology California District Of Columbia

Healthcare Sector Hit Hardest by Global Ransomware Attacks in Q1 2024

The first quarter of 2024 sees a significant uptick in ransomware attacks, especially on healthcare providers, amidst ongoing cybercriminal activities.
May 6, 2024 Fraud Life & Health Risk Management Technology

Climate Change Boosts Extreme Weather, Increasing U.S. Flood Risks

Climate change intensifies extreme precipitation, escalating flood risks across the U.S. with significant increases in the Northeast and Midwest.
May 6, 2024 Catastrophe Property Risk Management Alabama Alaska Georgia Hawaii Kentucky
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