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Innovations in Workers’ Compensation: Insights from Carisk Partners’ Joseph Berardo Jr.

Innovations in Workers’ Compensation: Insights from Carisk Partners’ Joseph Berardo Jr.

Joseph Berardo Jr. of Carisk Partners discusses AI’s potential in healthcare, advancements in surgical technology, and emerging trends in the workers’ compensation industry.
June 10, 2024 Life & Health Risk Management Technology Workers' Compensation

Increasing TPLF and Securities Class Actions Heighten Insurer Risks

Increasing TPLF and Securities Class Actions Heighten Insurer Risks

Rising settlements and third-party litigation funding (TPLF) trends drive higher risks and costs for insurers, impacting policyholders and consumer prices.
June 10, 2024 Fraud Insurance Industry Litigation Risk Management

Pandemic Migration Patterns Shift as Costs Rise in Relocation States

Pandemic Migration Patterns Shift as Costs Rise in Relocation States

Rising costs in states favored during the pandemic lead to reverse migration, with Northeast states seeing population gains and improved economic performance.
June 10, 2024 Property Risk Management

Reddit Adjusters Discuss Declining Storm Coverage Trends

Reddit Adjusters Discuss Declining Storm Coverage Trends

Insurance professionals on Reddit discuss how carriers are reducing storm damage coverage, impacting policies and the job market for adjusters.
June 7, 2024 Catastrophe Litigation Property Risk Management California Florida

EV Collision Insights Report: Q1 2024

EV Collision Insights Report: Q1 2024

Q1 2024 sees a significant rise in EV repairable claims and total loss frequency in the US and Canada, highlighting trends in EV repair costs and adoption.
June 7, 2024 Auto Insurance Industry Risk Management Technology California

Snowflake Data Breach Potentially Among Largest Ever

Snowflake Data Breach Potentially Among Largest Ever

A hack targeting Snowflake’s customers may become one of the biggest data breaches in history, affecting major companies like Ticketmaster and Santander.
June 7, 2024 Legislation & Regulation Risk Management Technology

Florida Court Rules Retailers Not Liable for Injuries Caused by Fleeing Shoplifters

Florida Court Rules Retailers Not Liable for Injuries Caused by Fleeing Shoplifters

Florida’s Fifth District Court of Appeals rules that retailers like Wal-Mart have no duty to protect patrons from fleeing shoplifters, affirming summary judgment in a negligence case.
June 7, 2024 Legislation & Regulation Liability Litigation Risk Management Florida

Transforming Healthcare With AI-Driven Personalized Medicine

Transforming Healthcare With AI-Driven Personalized Medicine

Personalized medicine, driven by AI, is becoming a reality through advanced data analysis of genetic and molecular information.
June 7, 2024 Education & Training Life & Health Risk Management Technology

Understanding Florida’s New Liposuction Regulations for Enhanced Patient Safety

Understanding Florida’s New Liposuction Regulations for Enhanced Patient Safety

Governor Ron DeSantis signed HB 1561 into law on May 11, introducing several consumer protections for patients undergoing liposuction, including Brazilian butt lifts (BBLs).
June 6, 2024 Legislation & Regulation Liability Life & Health Risk Management Florida

Insurtechs and Traditional Insurers Experience Strong Q1 Growth

Insurtechs and Traditional Insurers Experience Strong Q1 Growth

In Q1 2024, the P&C insurance industry saw impressive stock performance, with notable gains among insurtechs demonstrating high-quality growth.
June 6, 2024 Insurance Industry Risk Management Technology Underwriting

Insights from Allianz Atlantic Hurricane Forecast

Insights from Allianz Atlantic Hurricane Forecast

The 2024 Atlantic hurricane season, starting June 1 and ending November 30, is predicted to be particularly active. Allianz Commercial offers insights into this year’s forecast, reviewing notable 2023 storms and providing expert advice on storm preparedness.
June 6, 2024 Catastrophe Insurance Industry Property Risk Management Florida Georgia North Carolina South Carolina

Tornado Recovery Costs Tallahassee Area Over $50M, Leaders Encourage Hurricane Season Prep

Tornado Recovery Costs Tallahassee Area Over $50M, Leaders Encourage Hurricane Season Prep

Following the devastating tornadoes, Tallahassee leaders stress the importance of hurricane readiness as recovery costs exceed $50 million.
June 5, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida

Rising Cyber Threats: Insights from the 2024 Ransomware Trends Report

Rising Cyber Threats: Insights from the 2024 Ransomware Trends Report

The 2024 Ransomware Trends Report reveals increasing cyber threats, with a focus on data protection, recovery strategies, and the collaboration between IT and security teams.
June 5, 2024 Insurance Industry Risk Management Technology

Electric Vehicle Insurance Market Faces Profitability Challenges Amid Rapid Growth

Electric Vehicle Insurance Market Faces Profitability Challenges Amid Rapid Growth

Higher accident rates and steeper repair costs for EVs are creating challenges for insurers trying to maintain underwriting profitability in this burgeoning market, according to a new report from the Swiss Re Institute.
June 5, 2024 Auto Risk Management Technology Underwriting

Iowa Residents Face Big Bills and Mortgage Risks Due to Reduced Roof Coverage

Iowa Residents Face Big Bills and Mortgage Risks Due to Reduced Roof Coverage

Iowa’s major insurance companies have reduced roof coverage, resulting in substantial out-of-pocket costs for homeowners and jeopardizing mortgages. The changes follow increased claims from frequent hail and wind storms.
June 5, 2024 Insurance Industry Legislation & Regulation Property Risk Management Iowa
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