Florida’s Home Insurance Market Sees Potential Stability with Increased Focus on Property Hardening

Exploring the evolving landscape of Florida’s home insurance market, highlighting the critical role of property hardening in mitigating hurricane damage.
December 22, 2023 Catastrophe Legislation & Regulation Property Risk Management Florida

Insurtech Evolution Merges Tech with Traditional Insurance

Exploring how insurtech combines with traditional insurance to enhance customer experience and open new market opportunities
December 22, 2023 Insurance Industry Risk Management Technology Underwriting

GenAI Impact and Risk Management for Directors and Officers in the Insurance Landscape

Analyzing how GenAI shapes business prospects and poses new challenges for directors, officers, and the insurance sector
December 22, 2023 Legislation & Regulation Liability Risk Management Technology

Insurance Rate Secrecy Protected by Court in Key Legal Decision

Examining the court’s decision to seal crucial insurance rate information, weighing transparency against the need for competitive confidentiality.
December 21, 2023 Insurance Industry Legislation & Regulation Litigation Risk Management Washington

Construction Industry: A New Cybercrime Target Amidst Booming Economy

Exploring the rise in cybercrime targeting the construction sector, highlighting the vulnerabilities and legal implications in the face of robust industry growth.
December 21, 2023 Legislation & Regulation Liability Risk Management Technology

Data Modernization as a Strategic Imperative in Today’s Insurance Industry

Exploring the essential role of data and analytics in the insurance sector, emphasizing strategic alignment and the push for innovation.
December 21, 2023 Insurance Industry Risk Management Technology

Surge in Tax and Litigation Business Insurance as Companies Seek Greater Financial Security

Businesses are increasingly turning to tax and litigation insurance for added financial protection amid evolving market risks.
December 20, 2023 Insurance Industry Litigation Risk Management Underwriting

Dubai Aerospace Enterprise Secures $118 Million Settlement, Continues Litigation Against Insurers

Dubai Aerospace Enterprise receives a substantial insurance settlement from Aeroflot’s insurer, while continuing its legal battle with other insurers.
December 20, 2023 Insurance Industry Litigation Property Risk Management

El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners

Exploring the impact of El Nino’s intense rainfall on septic systems and the importance of regular maintenance and insurance understanding.
December 20, 2023 Catastrophe Education & Training Property Risk Management Hawaii Oregon

State Farm Faces Unprecedented Homeowners Loss Ratio Amid Severe Weather Challenges

State Farm’s homeowners loss ratio hits a 20-year high, driven by severe weather events, prompting significant rate hikes and premium growth.
December 20, 2023 Catastrophe Property Risk Management Underwriting

Insurance Industry at a Crossroads with Technology Transformation and Customer Focus

Examining the pitfalls of past insurance transformations and the urgent need for a customer-focused, technologically adept future in the industry.
December 20, 2023 Insurance Industry Risk Management Technology Underwriting

Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports

Prestige Underwriting’s report, in collaboration with Aon’s Finaccord, forecasts significant growth in the non-standard insurance market by 2030, driven by unique property types and evolving motor vehicle trends.
December 19, 2023 Auto Insurance Industry Property Risk Management

2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins

In 2023, hurricanes Lee, Jova, and Otis set records for rapid intensification, reflecting an active global tropical season with significant impacts on insurance and risk management.
December 19, 2023 Catastrophe Insurance Industry Property Risk Management

Cyber Insurance Market to Witness Major Shift as Reinsurers Embrace Cyber Capacity in 2024

The upcoming shift in the reinsurance industry towards cyber insurance in 2024 is driven by its rapid growth and the increasing need for robust cyber risk strategies.
December 18, 2023 Risk Management Technology

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia’s devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023 Catastrophe Property Risk Management Technology Florida Georgia North Carolina South Carolina
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