Directors and Officers of public companies face new challenges with SEC disclosure rules on cybersecurity and climate-related risks, increasing their potential exposure.
July 26 Legislation & Regulation Liability Litigation Technology California

The HeatRisk forecasting tool, launched by the CDC and NOAA, is undergoing real-world testing as extreme temperatures stress many parts of the US, providing localized heat warnings to protect vulnerable populations.
July 25 Legislation & Regulation Life & Health Risk Management Technology Arizona California Florida Washington

The CrowdStrike IT outage on July 19, affecting numerous industries, could result in billions of dollars in insured losses but is not expected to significantly impact global insurers and reinsurers.
July 25 Insurance Industry Risk Management Technology

Climate change poses significant challenges for the insurance industry, but climate technology offers solutions that can help insurers predict, prevent, and mitigate weather-related risks, potentially transforming the sector.
July 25 Catastrophe Property Risk Management Technology

Jason Kaminsky, CEO of kWh Analytics, discusses how advancements in solar technology are reshaping the insurance landscape and addressing emerging liabilities.
July 24 Insurance Industry Risk Management Technology Underwriting

The integration of AI and business rules engines in underwriting is revolutionizing the industry, reducing menial tasks, and enabling underwriters to focus on strategic issues.
July 24 Insurance Industry Risk Management Technology Underwriting

Fourteen NBA teams are accused of using copyrighted music in social media promotional videos without proper licensing, leading to multiple lawsuits by Kobalt and other music companies.
July 23 Insurance Industry Legislation & Regulation Litigation Technology Arizona California Colorado Florida Georgia

With high inflation, climate risks, and varying state regulations, insurance underwriting and pricing rely more than ever on accurate loss projections and economic forecasts.
July 23 Insurance Industry Risk Management Technology Underwriting

Despite cooling predictions, inflation remains the primary concern for insurance executives worldwide for the third consecutive year, according to the International Insurance Society’s annual survey.
July 23 Insurance Industry Property Risk Management Technology Florida

Ruslan Astamirov and Mikhail Vasiliev admitted their roles in deploying the LockBit ransomware, leading to over 2,500 attacks and $500 million in ransom payments, marking a significant step in combating the notorious hacking group.
July 22 Fraud Litigation Technology Arizona Florida New Jersey Virginia

The 2024 Kiteworks report highlights the rising risks associated with the proliferation of communication tools, data exchanges with third parties, and inadequate governance, emphasizing the urgent need for enhanced data security and compliance measures.
July 22 Insurance Industry Litigation Risk Management Technology California

Policyholders are preparing to file claims after a CrowdStrike outage, which was confirmed to be a non-cyberattack caused by a software update issue.
July 22 Insurance Industry Risk Management Technology

Technology aids in spotting insurance fraud, but human expertise remains crucial to ensure accuracy and maintain consumer trust.
July 22 Fraud Insurance Industry Risk Management Technology

Skills-based hiring and salary levels can lead to better results and access to a wider talent pool as AI accelerates the pace of change.
July 19 Education & Training Insurance Industry Risk Management Technology

Tennessee’s new law, Public Chapter 991, requires plaintiffs to prove "willful and wanton misconduct or gross negligence" in data breach class action cases, moving beyond simple negligence.
July 19 Legislation & Regulation Litigation Risk Management Technology Tennessee

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