Watchdog Highlights EPA’s Ongoing Cybersecurity Issues

The Government Accountability Office has warned that the Environmental Protection Agency has yet to implement a comprehensive cybersecurity risk assessment process, a recommendation first made in 2019.
May 28, 2024 Legislation & Regulation Life & Health Risk Management Technology

NTSB Recommends Urgent Bridge Inspections Across the U.S.

The National Transportation Safety Board has urged federal and state authorities to review inspection reports and address maintenance issues for bridges made of uncoated weathering steel, following the 2022 Fern Hollow Bridge collapse in Pittsburgh.
May 28, 2024 Legislation & Regulation Liability Risk Management Technology Pennsylvania

Texas Hit by Severe Storms, Leaving Over 750,000 Without Power

Powerful storms swept through Texas on Tuesday, causing over 750,000 power outages and significant damage, especially in the Dallas-Fort Worth area, with further severe weather expected throughout the day.
May 28, 2024 Catastrophe Property Risk Management Technology Florida Louisiana Oklahoma Texas

How AI Jim is Revolutionizing Claims Processing at Lemonade

Discover how Lemonade’s AI Jim is transforming the insurance claims process with unprecedented speed and accuracy.
May 24, 2024 Fraud Insurance Industry Risk Management Technology

Cargo Theft Expected to Increase Over Memorial Day Weekend

Prepare for a spike in cargo thefts this Memorial Day weekend with these essential tips from CargoNet.
May 24, 2024 Fraud Property Risk Management Technology California Florida Georgia Texas

NOAA Expects Busy 2024 Atlantic Hurricane Season

NOAA forecasts an above-normal 2024 Atlantic hurricane season driven by La Nina and warm ocean temperatures, with an 85% chance of higher than average storm activity.
May 23, 2024 Catastrophe Insurance Industry Risk Management Technology

VR Solution Revolutionizes Workers’ Compensation Pain Management

A new VR-based program offers non-pharmacological treatment for chronic lower back pain in workers’ compensation cases, promising cost-effective and safe pain relief.
May 23, 2024 Life & Health Risk Management Technology Workers' Compensation

Building Resilience with Insurance

The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.
May 22, 2024 Catastrophe Insurance Industry Risk Management Technology California Hawaii New York

Leveraging AI for Plain Language in Life Insurance Communications

Regulatory demands for plain language drive life insurers to adopt generative AI tools to improve customer communications and ensure clarity and compliance.
May 22, 2024 Insurance Industry Legislation & Regulation Life & Health Technology

Gina Raimondo Unveils Strategic Vision for AI Safety and Global Cooperation

U.S. Commerce Secretary Gina Raimondo announces strategic vision for AI safety and plans for a global network of AI Safety Institutes, emphasizing international cooperation to mitigate AI risks.
May 22, 2024 Legislation & Regulation Risk Management Technology California

Diverse Data Sources Revolutionize Flood Insurance Underwriting

Leveraging diverse data sources and advanced computing power is transforming flood insurance, making it a viable option for private insurers and improving coverage accuracy and affordability.
May 22, 2024 Insurance Industry Property Risk Management Technology

Florida’s Hurricanes: Lessons Learned and Advances in Insurance Technology

In the two decades since Florida’s devastating 2004 hurricane season, insurers have significantly improved their response strategies and technology, enhancing preparedness and resilience against future storms.
May 22, 2024 Catastrophe Property Risk Management Technology Florida

Can Generative AI Teach the Next Generation of Underwriters?

Industry experts discuss how generative AI can address challenges in training and retaining underwriters amid shifting expectations and rapid digital changes.
May 21, 2024 Education & Training Insurance Industry Risk Management Technology

Arctic Wolf Predicts Surge in Cyber Threats for 2024

Arctic Wolf’s 2024 Threat Report reveals a 20% increase in ransom demands and a rise in ransomware attacks, highlighting the need for stronger cybersecurity measures.
May 21, 2024 Fraud Insurance Industry Risk Management Technology

How Climate Change Will Transform Healthcare Delivery and Payer Strategies

Climate change is set to significantly affect healthcare delivery, increasing utilization and costs while disrupting supply chains. Payers must develop comprehensive strategies to address these challenges and ensure sustainable operations.
May 20, 2024 Life & Health Property Risk Management Technology California North Carolina
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