Boosting Risk and Compliance: Key Insights from NAVEX’s 2024 Report

The 2024 State of Risk and Compliance Report by NAVEX offers valuable insights from over 1,000 global R&C professionals, highlighting trends, challenges, and the impact of leadership and technology on compliance program maturity.
July 3, 2024 Insurance Industry Risk Management Technology

Detroit Limits Police Use of Facial Recognition After Wrongful Arrest

Following a wrongful arrest, Detroit Police Department faces new restrictions on the use of facial recognition technology, prohibiting arrests based solely on its results.
July 1, 2024 Legislation & Regulation Liability Litigation Technology Michigan

Cyber Insurance Market Stabilizes Amid Persistent Threat Landscape

Despite ongoing cyber threats, the cyber insurance market offers favorable terms for buyers, driven by strong risk controls and pricing reductions.
July 1, 2024 Insurance Industry Risk Management Technology

Cybersecurity Gaps Leave General Contractor Liable in Phishing Scam

A phishing attack against a subcontractor highlights the importance of cybersecurity in the construction industry.
July 1, 2024 Liability Litigation Risk Management Technology Connecticut Maryland

Boost Business Insights with Gamified Data Management

A strategic approach to data management enhances business insights and growth.
July 1, 2024 Education & Training Insurance Industry Risk Management Technology

Air-Bag Recalls Affect Over 400,000 SUVs by Volkswagen and Toyota

Volkswagen and Toyota have issued recalls affecting over 400,000 SUVs due to air-bag issues, advising owners to limit certain vehicle uses until repairs are made.
June 27, 2024 Auto Legislation & Regulation Technology

Zyn Halts Online Sales Amidst Regulatory Scrutiny

Zyn, the popular nicotine pouch brand, has stopped online sales after receiving a subpoena from the District of Columbia’s attorney general regarding sales of flavored products.
June 19, 2024 Legislation & Regulation Liability Life & Health Technology California District Of Columbia Massachusetts New York

Proactive Strategies for Property Loss Control

A session at RISKWORLD 2024 highlighted how a proactive, data-driven approach to risk management can create an effective property loss control strategy.
June 19, 2024 Insurance Industry Property Risk Management Technology

Copper Cable Theft Plagues EV Charging Stations

The rise in cable thefts is occurring amidst significant efforts by major U.S. automakers to promote electric vehicles as a key strategy to combat climate change.
June 19, 2024 Insurance Industry Property Risk Management Technology Arizona California Colorado Illinois Nevada

Digitization Revolutionizes the Insurance Industry

The insurance industry is transforming through digitization, enhancing collaboration, efficiency, and transparency among brokers, carriers, and customers.
June 19, 2024 Insurance Industry Property Risk Management Technology

Record-Breaking Year for Cyber Insurance Claims in North America

In 2023, North America saw a surge in cyber insurance claims, with healthcare leading the sectors, driven by an increase in ransomware and cyber extortion events.
June 18, 2024 Insurance Industry Risk Management Technology

Unlocking Potential in the E&S Insurance Market

The excess and surplus insurance market is dynamically growing, providing major opportunities for insurtechs.
June 18, 2024 Excess & Surplus Lines Insurance Industry Technology Underwriting New York

Common Apps May Share More Driver Data with Insurers Than Expected

Many drivers are unaware that auto insurance companies may be receiving their driving data from commonly used apps, even if they haven’t signed up for usage-based insurance programs.
June 17, 2024 Auto Insurance Industry Risk Management Technology Connecticut New Jersey Texas

Gemini and NY Attorney General Reach $50M Settlement

Gemini has reached a $50 million settlement with the New York Attorney General’s office, resolving allegations of defrauding investors.
June 14, 2024 Fraud Legislation & Regulation Litigation Technology New York

Apple Faces Class Action Lawsuit for Alleged Gender Pay Disparities

A class action lawsuit filed in California accuses Apple of systematically underpaying women compared to men, despite the company’s public commitment to diversity and equality.
June 14, 2024 Insurance Industry Legislation & Regulation Litigation Technology California
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