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
Missing Bolts Discovered in Boeing 737 Incident Investigation
An NTSB investigation into a Boeing 737 rapid decompression incident reveals missing bolts in the mid exit door plug, prompting further examination.
February 7, 2024
Catastrophe
Risk Management
Technology
Oregon
Scientists Propose Category 6 for Extreme Hurricanes as Climate Change Intensifies Storms
As climate change fuels more intense tropical storms, experts suggest adding Category 6 to the Saffir-Simpson scale to better represent the power of future hurricanes.
February 7, 2024
Catastrophe
Legislation & Regulation
Risk Management
Rethinking Risk Management: Focus on Friction, Not Just Fuel
Exploring how removing friction points rather than just adding protocols can significantly improve compliance and safety outcomes.
February 6, 2024
Education & Training
Risk Management
Workers' Compensation
Atmospheric River Triggers Severe Floods and Landslides in Southern California
Southern California is under threat from life-threatening landslides and flash floods as an intense atmospheric river event hits the region, with significant rainfall expected.
February 5, 2024
Catastrophe
Property
Risk Management
California
Cloudflare Counters State-Backed Cyber Intrusion with Comprehensive Security Measures
Cloudflare’s swift and effective response halts a nation-state cyber attack, aiming for widespread access to its network, without compromising customer data.
February 2, 2024
Risk Management
Technology
Discover the Next Generation of Insurance Talent with Rising Stars in Commercial Brokering
Meet Emily Weiss Schaffer, a 2023 Fine Arts Power Broker, and explore her journey and insights into the world of fine art insurance.
February 2, 2024
Education & Training
Insurance Industry
Life & Health
Risk Management
New York
SEC Mandates Swift Cybersecurity Incident Reporting for Public Companies
Under new SEC rules, public companies must now report significant cybersecurity incidents within four business days, enhancing transparency and risk management.
February 1, 2024
Legislation & Regulation
Risk Management
Technology
MGM Resorts Cyberattack Highlights New Challenges in IT Security and the Need for Enhanced Protocols
The recent cyberattack on MGM Resorts, costing an estimated $100 million, underscores the evolving threat landscape and the critical need for robust IT security measures.
January 31, 2024
Catastrophe
Risk Management
Technology
Ransomware Threats Persist Despite Law Enforcement Efforts, Revealing New Challenges for Cybersecurity
Despite law enforcement crackdowns, ransomware activities soared in 2023, signaling ongoing challenges and the need for enhanced cybersecurity measures.
January 31, 2024
Catastrophe
Risk Management
Technology
Amazon and Google Exit Insurance Comparison Market, Spotlighting the Resilience and Adaptation of Insurance Incumbents
Despite recent exits of Amazon and Google from insurance comparison services, traditional insurers continue to excel, blending technological innovation with proven expertise.
January 31, 2024
Auto
Risk Management
Technology
FloodFlash Revolutionizes Flood Insurance with Innovative Sensor Technology in the U.S.
FloodFlash, with its unique sensor-based parametric flood insurance, is transforming the flood coverage landscape in the U.S., offering more accurate and reliable policies.
January 31, 2024
Property
Risk Management
Technology
Alaska
Hawaii
Fast-Moving Atmospheric River Set to Soak California
A potent atmospheric river is forecast to bring significant rainfall to California, raising concerns over landslides and flooding in already saturated regions.
January 30, 2024
Catastrophe
Property
Risk Management
California
Texas
New Federal Requirement for AI Developers to Disclose Safety Tests
In a move to ensure AI safety, the Biden administration mandates major AI developers to disclose safety test results, enhancing technology management and national security.
January 30, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Navigating the New Era of Ransomware Tactics and Cybersecurity Challenges
2023 sees a shift in ransomware tactics, with a focus on third-party vendors and larger targets, underscoring the need for evolved cybersecurity strategies.
January 29, 2024
Risk Management
Technology
