Stanford Startup Outperforms Tech Giants in AI-Based Weather Prediction

A team of Stanford graduates has developed a weather forecasting model that surpasses traditional and AI-based methods, setting a new standard in accuracy and efficiency.
February 19, 2024 Catastrophe Risk Management Technology California

Organizations Struggle with Strategic AI Implementation, Says Gallagher’s State of the Sector Report

A significant gap in internal AI usage guidelines exists, despite potential benefits for efficiency and communication quality.
February 16, 2024 Education & Training Insurance Industry Risk Management Technology

New Study Reveals Urban Design’s Impact on Pedestrian Crash Fault Determination

A recent analysis highlights the significant role urban environments play in attributing fault in pedestrian accidents, pointing to the need for insurance industry adaptation.
February 16, 2024 Auto Liability Risk Management Ohio

The Crucial Role of Data Quality in Leveraging AI for Business Growth

High-quality data sets are essential for businesses aiming to leverage AI effectively, ensuring accurate predictions and strategic growth.
February 16, 2024 Insurance Industry Risk Management Technology

US Justice Department Cracks Down on Russian Cyber Espionage Network Using Compromised Routers

In a decisive action against cyber threats, US authorities dismantled a Russian espionage network, safeguarding national and ally security.
February 16, 2024 Risk Management Technology Pennsylvania

California Supreme Court Decision Reshapes Defense Strategies in PAGA Claims

The California Supreme Court’s recent ruling impacts employers’ defense tactics against PAGA claims, emphasizing due process and strategic litigation management.
February 15, 2024 Legislation & Regulation Litigation Risk Management California

Navigating the New Landscape of Workers’ Compensation Laws in 2024

With a series of legislative updates in 2024, workers now have enhanced protections and benefits, addressing issues from COVID-19 to mental health support.
February 15, 2024 Legislation & Regulation Risk Management Technology Workers' Compensation California Connecticut Illinois New York Oregon

Museums Face Rising Cybersecurity Threats Amid Increased Digital Presence

With technology integration, museums encounter heightened cyber threats, emphasizing the need for robust security measures and cyber insurance.
February 14, 2024 Insurance Industry Risk Management Technology

New York City on the Brink of Its Largest Snowstorm in Two Years

New York City anticipates a major winter storm, possibly marking the most significant snowfall event since January 2022.
February 13, 2024 Catastrophe Risk Management Connecticut Massachusetts New Jersey New York Pennsylvania

Study Warns of Looming Risk of Atlantic Ocean Current Shutdown and Its Global Impact

A groundbreaking simulation suggests the Atlantic Ocean’s vital currents may face a "cliff-like" collapse sooner than expected, threatening drastic global climate shifts.
February 12, 2024 Catastrophe Marine Risk Management

EU Eyes TikTok for Potential Breach of New Digital Services Act Amidst Concerns Over Minor Protection

The European Union is gearing up to investigate TikTok under the Digital Services Act, focusing on the platform’s efforts to safeguard minors.
February 12, 2024 Legislation & Regulation Risk Management Technology

Few States Actively Combating Increased Hurricane Risk Despite Rising Frequency

With hurricanes becoming three times more frequent over the past century, only a handful of U.S. states are stepping up with effective risk reduction strategies.
February 12, 2024 Catastrophe Marine Property Risk Management Louisiana New York

Unlock Your Leadership Potential at the 2024 CPCU Society In2Leadership Conference

Dive into an immersive leadership experience tailored for the risk and insurance industry, presented by the CPCU Society and Thunderbird School of Global Management. This March, transform your professional trajectory in Phoenix.
February 9, 2024 Education & Training Insurance Industry Risk Management

Cyber Insurance Market Poised for Significant Growth, Set to Reach $23 Billion by 2025

With cyber threats on the rise, the global cyber insurance market is expected to soar to $23 billion by 2025, led by U.S. business contributions.
February 9, 2024 Insurance Industry Risk Management Technology

Navigating the Complex Landscape of SRCC Risks in Global Insurance

As strikes, riots, and civil commotion escalate globally, the insurance industry scrutinizes aggregation risks and seeks tailored coverage strategies.
February 8, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management
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