Business Owners Express Concern Over Insurance Coverage

A recent Gallagher survey reveals that 80% of American business owners are worried about gaps in their business insurance coverage, with concerns spanning extreme weather, cyber-attacks, and supply chain disruptions.
June 13, 2024 Insurance Industry Risk Management Technology

Drivers Favor Speed Alert Systems for Safer Roads

A majority of U.S. drivers support technology that alerts or limits speed, according to an Insurance Institute for Highway Safety survey, suggesting a shift toward safer driving practices.
June 13, 2024 Auto Legislation & Regulation Risk Management Technology

InsurTech Leaders Highlight AI’s Role in Underwriting

Harnessing previously uncaptured data is key to underwriting success, agree two InsurTech executives, as AI transforms the insurance sector.
June 12, 2024 Insurance Industry Risk Management Technology Underwriting New York

Whole Worker Approach Revolutionizes Claims and Recovery

The Whole Worker model centers on the injured worker’s emotional well-being, reducing anxiety and improving recovery outcomes through continuous care and telemedicine.
June 11, 2024 Insurance Industry Life & Health Risk Management Technology Workers' Compensation

Tesla’s False Advertising Case on Self-Driving Tech to Go to Trial

A California judge rules that Tesla must face trial over accusations of false advertising related to its self-driving technology, following investigations and failed attempts to dismiss the case.
June 11, 2024 Fraud Legislation & Regulation Litigation Technology California

Emerging Insurance Market: Psychedelics Industry Presents New Opportunities

As the field of alternative therapeutics advances, the burgeoning psychedelics industry is becoming a lucrative market for insurance, offering significant opportunities for brokers and insurers.
June 10, 2024 Insurance Industry Life & Health Risk Management Technology

Snowflake Data Breaches on the Rise: Major Companies Among Victims

Recent data breaches involving Snowflake-hosted cloud databases have impacted several major companies, with attackers leveraging compromised credentials to access customer accounts.
June 10, 2024 Insurance Industry Risk Management Technology

Innovations in Workers’ Compensation: Insights from Carisk Partners’ Joseph Berardo Jr.

Joseph Berardo Jr. of Carisk Partners discusses AI’s potential in healthcare, advancements in surgical technology, and emerging trends in the workers’ compensation industry.
June 10, 2024 Life & Health Risk Management Technology Workers' Compensation

EV Collision Insights Report: Q1 2024

Q1 2024 sees a significant rise in EV repairable claims and total loss frequency in the US and Canada, highlighting trends in EV repair costs and adoption.
June 7, 2024 Auto Insurance Industry Risk Management Technology California

Snowflake Data Breach Potentially Among Largest Ever

A hack targeting Snowflake’s customers may become one of the biggest data breaches in history, affecting major companies like Ticketmaster and Santander.
June 7, 2024 Legislation & Regulation Risk Management Technology

Transforming Healthcare With AI-Driven Personalized Medicine

Personalized medicine, driven by AI, is becoming a reality through advanced data analysis of genetic and molecular information.
June 7, 2024 Education & Training Life & Health Risk Management Technology

Insurtechs and Traditional Insurers Experience Strong Q1 Growth

In Q1 2024, the P&C insurance industry saw impressive stock performance, with notable gains among insurtechs demonstrating high-quality growth.
June 6, 2024 Insurance Industry Risk Management Technology Underwriting

Rising Cyber Threats: Insights from the 2024 Ransomware Trends Report

The 2024 Ransomware Trends Report reveals increasing cyber threats, with a focus on data protection, recovery strategies, and the collaboration between IT and security teams.
June 5, 2024 Insurance Industry Risk Management Technology

Electric Vehicle Insurance Market Faces Profitability Challenges Amid Rapid Growth

Higher accident rates and steeper repair costs for EVs are creating challenges for insurers trying to maintain underwriting profitability in this burgeoning market, according to a new report from the Swiss Re Institute.
June 5, 2024 Auto Risk Management Technology Underwriting

TikTok Hack Compromises CNN Account, Targets High-Profile Users

A recent TikTok hack compromised CNN’s account and targeted other high-profile users, including Paris Hilton. The security breach remains under investigation, with TikTok enhancing security measures to prevent future attacks.
June 5, 2024 Insurance Industry Litigation Risk Management Technology
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