Pandemic Disruption Forces Reevaluation of Mortality Models, LCP Report Finds

The new LCP report reveals pandemic’s lasting impact on mortality models, stressing need for revised actuarial approaches.
April 23, 2024 Insurance Industry Life & Health Risk Management Technology

WFP’s 2023 Annual Report on Climate Risk Insurance Highlights Expansive Global Impact

In 2023, the World Food Programme (WFP) provided climate risk insurance to over 5 million people, surpassing its 2025 goals and reinforcing resilience against extreme weather events.
April 23, 2024 Catastrophe Insurance Industry Risk Management

AI Revolutionizes Auto Insurance and Road Safety with Precision and Personalization

AI is redefining auto insurance and road safety by leveraging real-time data for personalized risk assessment and proactive accident prevention.
April 23, 2024 Auto Risk Management Technology

DraftKings Faces Lawsuit in New York Over Misleading ’Risk-Free’ Bet Promotions

A new class action lawsuit claims DraftKings misled New York customers with promotions promising "risk-free" bets that weren’t entirely risk-free.
April 22, 2024 Legislation & Regulation Litigation Risk Management Technology Massachusetts New York

Tesla Initiates Recall of Cybertruck Due to Faulty Accelerator Pedals

Tesla recalls all sold Cybertrucks to fix a critical defect where the accelerator pedal can become stuck, increasing crash risks.
April 22, 2024 Auto Legislation & Regulation Risk Management Technology

Walgreens Reaches Settlement with City of Philadelphia Over Opioid Claims

In a landmark settlement, Walgreens agrees to pay $110 million to the City of Philadelphia, settling allegations of improper opioid distribution.
April 22, 2024 Legislation & Regulation Litigation Risk Management Pennsylvania

Adjusters Discuss Challenges with Mitigation Company Charges and Negotiations

Adjusters on a professional forum share experiences and strategies for handling escalating bills from mitigation companies and their refusal to negotiate.
April 19, 2024 Education & Training Fraud Insurance Industry Risk Management Florida

Adjusters Engage in Heated Debate Over Roof Matching and Replacement Claims

In a lively thread on a subreddit for adjusters, insurance professionals debated the complexities of handling roofing claims with discontinued materials, emphasizing the impact of state-specific regulations and the reality of ’matching’ in insurance repairs.
April 19, 2024 Insurance Industry Legislation & Regulation Property Risk Management Kentucky North Carolina

Harnessing Geospatial Technology for Enhanced Risk Assessment in the Insurance Sector

Discover how geospatial technology revolutionizes risk profiling and pricing in insurance, offering precise mapping to predict and manage risks.
April 19, 2024 Auto Property Risk Management Technology Florida Louisiana Texas

Understanding True Innovation in the Insurance Industry Through Insights from In2Leadership Conference

Explore what real innovation means and how it can transform the insurance industry, as discussed at the recent In2Leadership conference.
April 19, 2024 Insurance Industry Risk Management Technology Arizona Florida

Former Augusta National Employee Faces Charges for Stealing Masters Merchandise

An ex-employee of Augusta National Golf Club is accused of stealing millions in Masters golf merchandise over a thirteen-year period.
April 18, 2024 Fraud Legislation & Regulation Property Risk Management Florida Georgia Illinois

North Carolina Public Adjuster and Roofing Contractor Son to Face Charges in Insurance Scam

A North Carolina mother and her son are accused of defrauding over $20,600 through bogus insurance claims involving home repairs.
April 18, 2024 Fraud Insurance Industry Litigation Risk Management North Carolina

Global Economy Set to Lose 19% of Income by 2050 Due to Climate Change

A new study projects that the world economy faces a permanent 19% income reduction by 2050, with global damages estimated at $38 trillion annually, despite future emission cuts.
April 18, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management

Boosting Underwriter Productivity Through Technology

Michael Reilly discusses how advanced technology can significantly increase the productivity of underwriters by reducing time spent on administrative tasks.
April 18, 2024 Insurance Industry Risk Management Technology Underwriting California

World Property and Casualty Insurance Report 2024 Highlights Underwriting Challenges and Innovations

Exploring key findings from the World Property and Casualty Insurance Report 2024, which details the evolving landscape of P&C insurance underwriting amid technological advancements.
April 17, 2024 Catastrophe Insurance Industry Risk Management Technology
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