Renewable Energy Leaders Urge Insurance Sector’s Involvement in Global Decarbonization
As the world pushes for decarbonization, sustainable energy leaders seek the insurance industry’s expertise in risk management and investment for green technology deployment.
November 30, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Technology
AI’s Impact on Insurance: A Closer Look at Claims and Underwriting
Exploring the integration of AI in insurance, focusing on claims and underwriting, and its potential to redefine industry practices and profitability.
November 30, 2023
Fraud
Insurance Industry
Risk Management
Technology
Tragic Floorboard Collapse in South Carolina Reveals Hidden Well, Leading to Elderly Woman’s Death
In a bizarre and tragic accident, an elderly woman falls through deteriorating floorboards into an unknown well shaft in a century-old South Carolina home.
November 30, 2023
Catastrophe
Insurance Industry
Property
Risk Management
South Carolina
Common Misperceptions on Embedded Insurance
If one topic has dominated industry discussion in 2023, it’s embedded insurance— the concept of bringing personalized insurance products to customers during relevant digital journeys.
November 30, 2023
Education & Training
Insurance Industry
Risk Management
Technology
Training Essential in Reducing Claims in Transportation and Hospitality Sectors
Discussion at CLM town hall emphasizes training to mitigate claims in transportation and hospitality, highlighting new trends and risks.
November 29, 2023
Education & Training
Liability
Risk Management
Workers' Compensation
First American Title Insurance Penalized $1M for Cybersecurity Breach in New York
First American Title Insurance faces a $1 million penalty for a cybersecurity breach, exposing consumer data in New York, under DFS regulation.
November 29, 2023
Legislation & Regulation
Litigation
Risk Management
Technology
FTX Investors Target Sports Entities in Crypto Fraud Lawsuit
Major League Baseball, Formula 1, and Mercedes-Benz racing team face lawsuit for allegedly aiding FTX’s multi-billion-dollar crypto fraud.
November 29, 2023
Fraud
Legislation & Regulation
Litigation
Risk Management
Treasury Considers Federal Cyber Insurance for Catastrophic Risks
The U.S. Treasury is contemplating a federal response to catastrophic cyber risks, aiming to support the burgeoning private cyber insurance sector.
November 29, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Cannabis Facility Worker’s Asthma Death Leads to Wrongful Death Lawsuit
In a landmark case, the death of a worker from asthma at Trulieve’s Massachusetts cannabis plant sparks a wrongful death lawsuit, challenging workplace safety standards.
November 29, 2023
Legislation & Regulation
Liability
Risk Management
Workers' Compensation
Massachusetts
A Deep Dive on Bad Faith
In the labyrinth of insurance litigation, the focus often shifts to insurers’ adherence to state laws in claim handling, raising crucial questions of fairness and good faith.
November 29, 2023
Legislation & Regulation
Liability
Litigation
Risk Management
US Issues Caution for Maritime Shipping in Red Sea Amid Rising Attack Risks
The US warns of increased dangers for ships in the Red Sea and Gulf of Aden, with recent attacks and suspicious activities heightening risks and insurance concerns.
November 28, 2023
Catastrophe
Insurance Industry
Marine
Risk Management
MAPFRE’s CEO Highlights the Ethical Challenges of AI in Insurance at Geneva Summit
At the Geneva Association Summit, MAPFRE’s CEO stresses the need for ethical AI regulation and proactive measures against cyber risks in the insurance sector.
November 28, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Commercial Underwriting: Risk Factors That Matter
Understanding the complex landscape requires both foresight into identifying the right risk variables and a modern technology stack.
November 28, 2023
Catastrophe
Risk Management
Technology
Underwriting
Glimmers of Good News on Climate (Finally)
Stunning declines in the cost of solar and wind power are rapidly adding renewables to the world’s energy mix.
November 28, 2023
Auto
Catastrophe
Risk Management
Technology
Georgia
New Jersey
Tips for Avoiding Bed Bug Infestations
Implementing strict procedures can prevent unnecessary customer complaints, eradication costs and business interruption.
November 27, 2023
Education & Training
Insurance Industry
Risk Management
