Teen Arrested in Scattered Spider Cybercrime Case Linked to Telecom and Crypto Hacks
Authorities have arrested a teenager linked to the Scattered Spider gang, accusing them of hacking financial and telecom firms and launching phishing campaigns targeting employees and customers.
December 9, 2024
Fraud
Litigation
Risk Management
Technology
Florida
North Carolina
Texas
Overcoming Language Barriers in Insurance Claims with Tech and Human Expertise
Balancing advanced AI with human expertise is crucial for overcoming linguistic challenges in insurance claims, ensuring accuracy, and maintaining customer trust.
December 9, 2024
Education & Training
Insurance Industry
Liability
Technology
Global Insurance 2025: Navigating Challenges to Achieve Growth
The global insurance industry faces inflation, natural disasters, and shifting demographics but finds opportunities for innovation and expansion into emerging markets.
December 9, 2024
Catastrophe
Property
Risk Management
Technology
California
Florida
New York
Washington
Unlocking the Millennial Market for Life Insurance and Annuities
The life and annuities industry must adopt modern technology, customer-centric strategies, and scalable solutions to engage millennials seeking financial security.
December 5, 2024
Insurance Industry
Life & Health
Risk Management
Technology
P&C Insurers Face New Risks Faster Than Business Practices Adapt
A new report highlights how emerging risks like severe weather and fraud are testing U.S. P&C insurers, urging faster adoption of AI and aerial imagery technologies to stay competitive.
December 5, 2024
Catastrophe
Property
Risk Management
Technology
Chinese Hackers Target Eight U.S. Telecom Firms in Espionage Campaign
A Chinese espionage group has infiltrated eight U.S. telecom companies, sparking federal investigations and raising cybersecurity concerns across critical infrastructure.
December 5, 2024
Legislation & Regulation
Risk Management
Technology
Florida
Florida Matches Record Hurricane Landfalls in 2024, Reports Howden Re
The 2024 Atlantic hurricane season, marked by record Florida landfalls and extreme storm activity, ranks among the most impactful in recent history, Howden Re reports.
December 5, 2024
Catastrophe
Property
Risk Management
Technology
Florida
North Carolina
Tennessee
Emerging Trends in Workers’ Compensation Insurance for 2025
In 2025, workers’ compensation insurance will see advancements in AI, wearable tech, and remote work policies, alongside a focus on personalized claims management and safety programs.
December 4, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
Artificial Intelligence in Insurance: Navigating Regulation and Ethical Oversight
As insurers increasingly adopt artificial intelligence, global regulators are stepping up oversight, emphasizing ethics, compliance, and transparency to mitigate risks and ensure responsible innovation.
December 4, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
AI Brings Speed, Precision, and Control to Insurance Operations
Artificial intelligence is transforming the insurance industry by automating processes, enhancing fraud detection, personalizing policies, and streamlining customer service.
December 4, 2024
Fraud
Risk Management
Technology
Underwriting
Insurance Customers Embrace Digital Claims, Driving Satisfaction Gains
Insurance customers are increasingly satisfied with digital claims processes, thanks to mobile app improvements like collision reporting, image uploads, and seamless navigation tools.
December 4, 2024
Auto
Insurance Industry
Property
Technology
Annual Claim Department Review: 13 Areas to Strengthen Operations
An annual operational review of claims departments is essential to improve efficiency, ensure compliance, and deliver exceptional customer service in an evolving insurance industry.
December 3, 2024
Insurance Industry
Risk Management
Technology
Commercial Insurance Market Holds Steady Amid Pricing, Underwriting Gains
Strong underwriting and moderate pricing gains sustain profitability in U.S. commercial insurance, despite pressures from casualty claims, social inflation, and evolving liabilities.
December 3, 2024
Liability
Property
Risk Management
Technology
Insurance Faces Data Challenges in Climate Risk Planning
Fragmented data sources and limited integration are stalling the insurance industry’s ability to address climate risks, experts emphasize at the Global Insurance Forum.
December 2, 2024
Catastrophe
Legislation & Regulation
Risk Management
Technology
Florida
The Changing Role of Source Code Escrows in Cloud-Driven Insurance IT
As cloud computing reshapes IT operations, the traditional value of source code escrows is diminishing, prompting insurance CIOs to rethink business continuity and vendor risk strategies.
December 2, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
