Auto Industry Faces New Challenges and Opportunities Amid Rising Vehicle Complexity
The Q1 2024 Crash Course Report delves into how escalating vehicle complexity impacts insurance claims and collision repairs, with a focus on solutions.
April 9, 2024
Auto
Insurance Industry
Risk Management
Technology
Generative AI Revolutionizes Claims Processing in Insurance Industry
Generative AI is transforming insurance claims handling, reducing costs and improving efficiency through workflow automation and risk assessment.
April 9, 2024
Fraud
Insurance Industry
Risk Management
Technology
Zurich Insurance to Halt Underwriting New Oil and Gas Projects in Sustainability Push
In a bold sustainability move, Zurich Insurance will stop underwriting new oil and gas projects, aiming for net zero emissions by 2050.
April 9, 2024
Insurance Industry
Risk Management
Technology
Colorado Legislators Debate Bill to Impose Liability Insurance Requirement on Firearm Owners
In a close vote, Colorado’s House Business Affairs and Labor Committee advances a bill requiring firearm owners to hold liability insurance, aiming to enhance responsible gun ownership.
April 8, 2024
Insurance Industry
Legislation & Regulation
Liability
Risk Management
Colorado
Boeing 737 Engine Cover Detachment Triggers Investigation
The FAA has launched an investigation after an engine cover on a Boeing 737-800 detached during takeoff, causing no injuries but raising safety concerns.
April 8, 2024
Legislation & Regulation
Risk Management
Technology
Colorado
Florida
Texas
CSU Predicts Record-Breaking Atlantic Hurricane Season for 2024
Colorado State University’s researchers forecast a significantly active 2024 Atlantic hurricane season, citing unusually warm ocean temperatures and potential La Niña conditions.
April 8, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Middle-Market Companies Grapple with Inflation and Insurance Adjustments
Chubb’s recent research highlights inflation as the main hurdle for middle-market companies, with many considering increased insurance coverage in response.
April 8, 2024
Insurance Industry
Property
Risk Management
Technology
Damaging Storms Sweep Across the Heartland, Leaving Destruction and Power Outages
The latest storms bring a wave of destruction through the heartland, with the Ohio Valley suffering severe damage, power outages, and injuries.
April 5, 2024
Catastrophe
Property
Risk Management
Alabama
Georgia
Illinois
Indiana
Kentucky
Exploring the Risks of Work-Related Crashes Among U.S. Rideshare Drivers
New study explores the risk factors and incidence of work-related crashes among U.S. rideshare drivers, highlighting the need for improved safety measures and research.
April 5, 2024
Auto
Life & Health
Risk Management
Technology
Orlando’s Lake Ivanhoe Faces Environmental Hazard After Mineral Oil Spill
Orlando issues a lake alert for Lake Ivanhoe following a mineral oil spill, advising the public to avoid water contact activities.
April 4, 2024
Property
Risk Management
Technology
Florida
Major Unemployment Fraud Ring Busted in New Jersey
New Jersey authorities charge 20 individuals in a significant crackdown on unemployment insurance fraud, recouping over $1.1 million.
April 3, 2024
Fraud
Legislation & Regulation
Risk Management
Workers' Compensation
New Jersey
Munchables Crypto Game Recovers After Massive Security Breach on Blast Blockchain
Munchables experiences a significant setback with a security breach, leading to a massive loss of assets, but recovers funds thanks to developer cooperation.
April 3, 2024
Fraud
Risk Management
Technology
Tackling the Rising Threat of Snow Melt Flooding
With snow melt floods posing a growing threat in the U.S., insurance experts highlight the importance of adequate coverage and mitigation strategies.
April 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
California
Illinois
Iowa
Kentucky
Flood Insurance Discount Cuts by FEMA Stir Up Concerns in Florida
Nearly 18 months post-Hurricane Ian, FEMA’s plans to cut flood insurance discounts worry homeowners and officials in Florida.
April 3, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Blending AI with Human Expertise in Healthcare A New Era of Medical Innovation
AI’s evolution in healthcare offers efficiency and advanced diagnostics but raises questions on privacy, ethics, and the indispensable need for human insight.
April 3, 2024
Legislation & Regulation
Risk Management
Technology
