Change Healthcare to Process $14 Billion in Claims After Cyberattack Recovery
Following a significant cyberattack, Change Healthcare resumes services, aiming to process over $14 billion in claims, with UnitedHealth Group supporting impacted healthcare providers.
March 25, 2024
Insurance Industry
Risk Management
Technology
EU Targets Big Tech with Compliance Investigations Under Digital Markets Act
The European Commission investigates Alphabet, Apple, and Meta for insufficient compliance measures under the Digital Markets Act, signaling a major regulatory crackdown.
March 25, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Professional Employer Organizations Revolutionize Small Business Compliance and HR
Amid challenges, Professional Employer Organizations (PEOs) emerge as a critical ally for small to medium businesses, blending compliance, HR, and workers’ comp solutions.
March 25, 2024
Legislation & Regulation
Risk Management
Technology
Workers' Compensation
California
Florida
Generative AI Revolutionizes Insurance Underwriting with Enhanced Risk Insights
Explore how generative AI empowers insurance underwriters with critical insights into risk controls, building details, and insured operations for improved decision-making.
March 22, 2024
Insurance Industry
Risk Management
Technology
Underwriting
Court Denies Truck Driver’s PTSD Claim from Minor Fire, Citing Normal Working Conditions
A Commonwealth Court rules that a minor truck fire, extinguished quickly without injury, does not constitute an abnormal working condition for truck drivers.
March 22, 2024
Insurance Industry
Litigation
Risk Management
Workers' Compensation
Vermont Communities Seek $3.5M for Home Elevation After Catastrophic Flooding
In response to devastating floods, Barre and Montpelier request $3.5 million to elevate homes, providing safer living conditions amid a housing crisis.
March 22, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Vermont
Atlantic City Races Against Time for Beach Replenishment Before Summer Season
As crucial summer months approach, Atlantic City faces significant beach erosion, prompting urgent calls for expedited beach replenishment projects.
March 21, 2024
Catastrophe
Insurance Industry
Property
Risk Management
New Jersey
U.S. Officials Urge Governors to Boost Cybersecurity in Water Sector Amid Hacking Threats
National Security Advisor and EPA Administrator call for enhanced cybersecurity measures to protect the U.S. water sector from increasing cyber threats.
March 21, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
California
Pennsylvania
Texas Contractor Faces Steep OSHA Fines After Fatal Trench Collapse
An 18-year-old worker’s death in a trench collapse leads to over $250,000 in fines for Hurtado Construction, as OSHA cites multiple safety violations.
March 21, 2024
Legislation & Regulation
Risk Management
AI Enhancements Streamline Workers’ Compensation Claims Process for Adjusters
AI assistants are revolutionizing the workload for workers’ compensation claims adjusters by providing online claims access and reducing phone and email inquiries.
March 21, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
State Farm to Non-Renew Thousands of Property Policies in California Amid Market Challenges
State Farm General Insurance announces significant policy non-renewals in California, citing financial stability and market conditions.
March 21, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
California
Gen Z Faces Unprecedented Retirement Planning Challenges
Gen Z’s path to retirement is fraught with gig economy instability and the pressures of social media, demanding innovative financial strategies.
March 21, 2024
Education & Training
Life & Health
Risk Management
Technology
Record-Breaking Hail Events Mark the Start of 2024’s Severe Storm Season
Over 660,000 properties were hit by significant hail during early March, surpassing 2023 records and signaling a potentially challenging year for insurers.
March 20, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
Illinois
Kansas
Missouri
Oklahoma
Spire Global and NVIDIA Join Forces to Revolutionize AI-Driven Weather Forecasting
Spire Global teams up with NVIDIA, aiming to improve forecast accuracy and tackle the challenge of extreme weather events through AI-driven weather prediction.
March 20, 2024
Catastrophe
Marine
Risk Management
Technology
New Jersey Implements Flood Risk Disclosure Law for Real Estate Transactions
Starting March 20, New Jersey’s new law mandates flood history and risk disclosures for all real estate transactions, enhancing transparency and preparedness.
March 20, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
New Jersey
