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Florida Legislators Propose Condo Roof Insurance Reform to Curb Rising Premiums

Florida Legislators Propose Condo Roof Insurance Reform to Curb Rising Premiums

Florida Representatives Hillary Cassel and Ana Maria Rodriguez introduce a bipartisan bill to pilot actual cash value coverage for condo roofs with Citizens Property Insurance Corp.
December 12, 2023 Insurance Industry Legislation & Regulation Property Risk Management Florida

Experts Discuss Overcoming Cognitive Bias in Decision Making at CLM 2023 Focus Conference

Experts Discuss Overcoming Cognitive Bias in Decision Making at CLM 2023 Focus Conference

At CLM’s 2023 Focus Conference, industry professionals delve into the impact of cognitive bias on decision-making, emphasizing the need for awareness and diversity in claims analysis.
December 12, 2023 Education & Training Insurance Industry Liability Risk Management New York

Shohei Ohtani’s Unique Dodgers Contract Draws Parallels with Life Insurance

Shohei Ohtani’s Unique Dodgers Contract Draws Parallels with Life Insurance

Shohei Ohtani’s novel contract structure with the Los Angeles Dodgers, reminiscent of life insurance payouts and Bobby Bonilla’s famous contract, sparks discussions on creative financing in sports and insurance sectors.
December 12, 2023 Insurance Industry Life & Health Risk Management California Pennsylvania

Federal Judge Rules Elon Musk to Face Investor Lawsuit Over Twitter Buyout Statements

Federal Judge Rules Elon Musk to Face Investor Lawsuit Over Twitter Buyout Statements

A federal judge in California rules that Elon Musk must face a lawsuit alleging his statements about the Twitter buyout created market uncertainty, impacting investors.
December 12, 2023 Insurance Industry Litigation Risk Management Technology California

2024 Marks the Dawn of a Digital Revolution in the Insurance Sector

2024 Marks the Dawn of a Digital Revolution in the Insurance Sector

Fadata forecasts a transformative year for the insurance industry in 2024, with Cloud adoption, AI integration, and digital ecosystems driving major changes alongside a strong focus on sustainability.
December 12, 2023 Insurance Industry Risk Management Technology

Microsoft Embraces Union Input on AI Deployment with Historic Contract

Microsoft Embraces Union Input on AI Deployment with Historic Contract

In a groundbreaking move, Microsoft agrees to union terms on AI use, ensuring worker involvement in the deployment of this evolving technology.
December 11, 2023 Education & Training Legislation & Regulation Risk Management Technology

Tesla Cybertruck’s Design Raises Safety Concerns Among Experts

Tesla Cybertruck’s Design Raises Safety Concerns Among Experts

Safety experts express concerns over Tesla Cybertruck’s stiff stainless-steel exoskeleton, potentially posing risks to pedestrians and other vehicles.
December 11, 2023 Auto Legislation & Regulation Risk Management Technology

Embracing Adaptation and Resilience for a Sustainable Future

Embracing Adaptation and Resilience for a Sustainable Future

A new report highlights the insurance industry’s critical role in combating climate change, with a focus on adaptation, resilience, and a $71 billion revenue opportunity.
December 11, 2023 Catastrophe Legislation & Regulation Risk Management Technology

Surge in Tax Insurance Purchases as Companies Brace for Increased Government Audits

Surge in Tax Insurance Purchases as Companies Brace for Increased Government Audits

In response to heightened tax enforcement globally, businesses are increasingly investing in tax insurance, marking a record year in policy purchases.
December 4, 2023 Legislation & Regulation Risk Management

Illinois Supreme Court Ruling Reshapes CGL Coverage for Construction Defects

Illinois Supreme Court Ruling Reshapes CGL Coverage for Construction Defects

In a landmark decision, the Illinois Supreme Court overturns years of precedent, ruling that damage from construction defects may be covered under commercial general liability policies.
December 4, 2023 Legislation & Regulation Litigation Property Risk Management Colorado Florida Illinois Texas

Inaugural Innovation Summit Steers Climate Resilience from Ideation to Action

Inaugural Innovation Summit Steers Climate Resilience from Ideation to Action

To foster better collaboration and transparency, the Catastrophe Resiliency Council proposes an Open Industry Exposure Database for climate risk research.
December 4, 2023 Catastrophe Education & Training Risk Management Technology Alabama Pennsylvania

The Four Horsemen of AI: How Tech Allows Tomorrow’s Underwriter to Predict, Segment, Optimize and Generate Results

The Four Horsemen of AI: How Tech Allows Tomorrow’s Underwriter to Predict, Segment, Optimize and Generate Results

At ITC Vegas 2023, experts discussed AI’s transformative role in insurance underwriting, emphasizing the need for trust and education in integrating this evolving technology.
December 1, 2023 Education & Training Risk Management Technology Underwriting Nevada

Generative AI’s Rising Influence in the Insurance Industry Inspired by ’Avatar’

Generative AI’s Rising Influence in the Insurance Industry Inspired by ’Avatar’

Exploring how the success of ’Avatar’ and the capabilities of generative AI are guiding the insurance industry to address talent shortages and transform business practices.
December 1, 2023 Education & Training Risk Management Technology Workers' Compensation

Scrutiny on Florida’s Citizens Property Insurance Amid Climate Change Concerns

Scrutiny on Florida’s Citizens Property Insurance Amid Climate Change Concerns

U.S. Senate Budget Committee investigates Florida’s Citizens Property Insurance Corp’s preparedness for underwriting losses due to extreme weather, highlighting the challenges of climate change on insurance.
December 1, 2023 Catastrophe Legislation & Regulation Property Risk Management

Why to Use Alternative Dispute Resolution

Why to Use Alternative Dispute Resolution

ADR offers a new route for injured workers to receive care from reputable doctors and caregivers in an efficient, cost-effective way.
December 1, 2023 Property Risk Management Technology Workers' Compensation
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