
Caught Red-Handed: Watch This Shocking Insurance Scam Unravel Thanks to a Dash Cam
A brazen insurance fraud attempt on a busy Queens highway was foiled by a dash cam, capturing every moment the scammers realized their scheme was being recorded—proof that a dash cam could save you from a costly setup.
October 21, 2024
Auto
Fraud
Litigation
Technology
New York

New Cybersecurity Requirements Now in Effect for New York General Hospitals
New York general hospitals must now comply with cybersecurity regulations aimed at protecting patient data, requiring risk assessments, staff training, and incident reporting within 72 hours of a breach.
October 21, 2024
Legislation & Regulation
Life & Health
Risk Management
Technology
New York

AI in Advertising Raises Liability Concerns as Generative Technology Expands
As AI’s influence in advertising grows, both large and small businesses face new liability risks, especially in relation to Commercial General Liability policies. Insurers must prepare for emerging challenges, including chatbot misuse and privacy breaches.
October 17, 2024
Legislation & Regulation
Liability
Risk Management
Technology
California

Hurricane Forecasts Face Backlash as Meteorologists Battle Misinformation and Threats
Despite the increasing accuracy of hurricane forecasts, meteorologists are facing growing threats, conspiracy theories, and public distrust fueled by misinformation on social media.
October 17, 2024
Catastrophe
Risk Management
Technology
Alabama
Florida
Iowa
North Carolina

How AI and Cloud Technology Drive Agile Claims Transformation
AI, cloud computing, and data-driven platforms offer insurers an agile way to modernize claims processes, enabling incremental improvements while enhancing customer experience and reducing costs.
October 15, 2024
Insurance Industry
Risk Management
Technology

Hurricane Milton’s Impact on Florida Buildings Matches or Exceeds Hurricane Helene’s
ICEYE’s initial data suggests that Hurricane Milton has caused damage to as many as, or more than, 150,000 buildings in Florida, a count that rivals Hurricane Helene’s impact. Early loss estimates range from $15 billion to $40 billion.
October 14, 2024
Catastrophe
Insurance Industry
Property
Technology
Florida

AI’s Role in Solving the Underwriting Talent Shortage
With the insurance industry facing a major talent gap, AI and generative AI can enhance underwriting efficiency by mimicking the expertise of top professionals, leading to better policies and profitability.
October 14, 2024
Insurance Industry
Risk Management
Technology
Underwriting

Innovation Driving the Future of Technology, Media, and Telecom
Technology, media, and telecom companies face both opportunities and challenges as they navigate innovations in AI, 5G, and cybersecurity, while grappling with regulatory and geopolitical risks, a WTW survey finds.
October 14, 2024
Litigation
Risk Management
Technology

How Generative AI Is Transforming the Insurance Industry
Generative AI has the potential to revolutionize the insurance industry by streamlining operations, enhancing customer service, and improving risk management. However, insurers must address ethical, regulatory, and data challenges to fully unlock its benefits.
October 11, 2024
Fraud
Insurance Industry
Risk Management
Technology
Colorado

Citi Field Faces Class Action Over Alleged Illegal Use of Facial Recognition Technology
A proposed class action accuses Sterling Mets, L.P., the company behind Citi Field, of illegally collecting and sharing visitors’ biometric data using facial recognition technology, violating New York City’s biometrics law.
October 11, 2024
Legislation & Regulation
Liability
Litigation
Technology
New York

Cyber Claims in 2024 Surge with Ransomware and AI as Key Drivers
Ransomware severity spiked, driving a 14% increase in claims, while AI contributed to rising business email compromise cases in the first half of 2024.
October 11, 2024
Fraud
Property
Technology

Cyberattack on American Water Highlights Urgency of Infrastructure Security
A cyberattack on American Water, the largest U.S. regulated water utility, has paused billing services and renewed concerns over the security of critical infrastructure.
October 11, 2024
Legislation & Regulation
Property
Risk Management
Technology
New Jersey

Outdoor Work Faces New Dangers from Rising Heat and Air Pollution
As heatwaves and air pollution intensify, employers must adopt protective measures to ensure the health and safety of outdoor workers, reducing accidents and costly business interruptions.
October 11, 2024
Property
Risk Management
Technology
Workers' Compensation

Waffle House Index Signals Severe Impact from Hurricane Milton in Florida
The Waffle House Index, a quirky yet reliable gauge of storm severity, shows widespread closures across Florida as Hurricane Milton approaches, warning of significant damage and disruption.
October 9, 2024
Catastrophe
Property
Risk Management
Technology
Florida
Georgia
North Carolina
South Carolina

Florida Urges EV Owners to Prepare for Fire Hazards as Hurricane Milton Approaches
Florida officials are cautioning residents about the potential fire hazards posed by lithium-ion batteries in EVs and other devices, urging proactive steps to prevent accidents as Hurricane Milton approaches.
October 9, 2024
Auto
Catastrophe
Property
Risk Management
Technology
Florida



