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
NCAA Eyes $2.7 Billion Settlement in Antitrust Lawsuit to Revamp College Sports Economy
The NCAA may pay over $2.7 billion in a landmark settlement, reshaping financial dynamics with athletes and aiming to stabilize college sports.
May 6, 2024
Education & Training
Legislation & Regulation
Liability
Risk Management
Addressing Online Harassment and Bullying in Workplaces with Effective Insurance Coverage
Businesses now face increased liability from employee’s online behaviors, making robust insurance policies essential to manage risks.
May 6, 2024
Insurance Industry
Liability
Risk Management
Technology
Harnessing the Value of Intangible Assets for Future Business Growth
As businesses increasingly rely on intangible assets, effective management and advanced AI technologies become pivotal to securing and enhancing their value.
May 3, 2024
Insurance Industry
Risk Management
Technology
Marriott Admits to Lack of Encryption in Massive 2018 Data Breach
Marriott recently disclosed that its 2018 data breach, impacting 500 million guests, was not protected by encryption as previously claimed.
May 2, 2024
Insurance Industry
Litigation
Risk Management
Technology
Insurance Claims Analysis Shows Decline in Prescription Costs and Opioid Use in 2023
A comprehensive review of 2023 highlights reduced prescription costs and significant declines in opioid use within the insurance industry.
May 2, 2024
Life & Health
Risk Management
Technology
Workers' Compensation
Insurance Marketing Thrives on Data-Driven Trigger Campaigns Amid Competitive Market
Amid a competitive landscape, insurance marketers are leveraging real-time data to engage customers with targeted, relevant messaging that maximizes retention and acquisition.
May 2, 2024
Insurance Industry
Risk Management
Technology
Risks of Infections from ‘Butt Lifts’ Highlighted in New CDC Report
A recent CDC report investigates a cluster of infections linked to Brazilian butt lift procedures at a South Florida clinic, emphasizing the need for improved safety protocols.
May 2, 2024
Legislation & Regulation
Life & Health
Risk Management
Weird
California
Florida
