New robot technology could help protect Amazon warehouse workers from repetitive motion injuries, robotics company Agility Robotics said this week.

According to the company’s latest data, there were approximately 14,500 claims related to catalytic converter thefts during this period, marking a significant drop from the 23,570 claims made in the same period last year.

A recent study by cybersecurity consultancy Gemserv warns that the ever-evolving world of artificial intelligence poses new challenges for companies.

Telematics is revolutionizing the management of commercial fleets, driving enhanced safety, efficiency, and regulatory compliance among North American firms.

The insurance industry’s shift from assessing and pricing risks to predicting and preventing losses – thereby improving insurance availability and affordability – is well underway.

Reinsurance News recently spoke to Joss Matthewman, Senior Director, Product Management & Strategy, RMS, about what he believes the re/insurance industry needs to do to try and combat the effects of climate change.

A recent case study by Moody’s reveals that in locations like South Florida, meeting or surpassing evolving building codes can slash home damage costs almost tenfold.

Propulsion problems on four satellites using the same kind of power modules are expected to result in at least $50 million in claims for insurers already facing more than $800 million in losses this year.

Large parts of the world, including China and the Midwest US, are on track to become too hot for humans to handle as accelerating global temperatures expose billions to heat and humidity so extreme their bodies will no longer be able to cope, according to a new study.

As the world becomes increasingly reliant on connected technology, the threat of cyberattacks and data breaches continues to grow.

Soaring combined ratios demonstrate P&C insurance is due for fundamental, structural reform. Innovative solutions are available.

Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the ‘second tornado season’ for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant.

The exodus of some insurers from states badly affected by catastrophic climate-related events represents an opportunity for the carriers that remain, but comes with a need to understand the potential effect it has on customer perceptions, according to the J.D. Power 2023 U.S. Home Insurance Study.

About 8 out of 10 business owners recently surveyed expressed worries that specific events or losses would have the potential to affect their firms despite their existing business insurance coverage. Life insurance and business owner policies tied as the top concerns.

New research highlights the urgency for insurance companies to shift from complex, costly legacy systems burdened with outdated technology to modern systems to remain competitive in the current market, according to a new report released by Info-Tech Research Group.