The Institutes Knowledge Group Releases 2024 Skills Report Highlighting Key Trends in Risk Management and Insurance
The Institutes Knowledge Group’s 2024 Skills Report offers insights into the most in-demand skills and educational trends within the risk management and insurance sectors.
May 13, 2024
Education & Training
Insurance Industry
Risk Management
Technology
Allstate’s Drivewise App Linked to Safer Driving and Fewer Severe Collisions
Allstate reports that users of its Drivewise app are 25% less likely to experience severe collisions, promoting safer driving behaviors.
May 13, 2024
Auto
Insurance Industry
Risk Management
Technology
Traffic Signals Evolve: Driverless Cars May Bring White Light Addition to Century-Old System
As autonomous vehicles become more prevalent, researchers are exploring major changes to the traditional traffic signal system, including the potential addition of a white light.
May 13, 2024
Auto
Insurance Industry
Legislation & Regulation
Technology
Michigan
North Carolina
Revolutionizing Payment Systems in the Insurance Industry
Modernizing payment systems in insurance is crucial to meet evolving consumer preferences and enhance security and efficiency.
May 13, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
The Future of AI in Workers Compensation Claims Management
Artificial intelligence is set to revolutionize workers compensation claims, with AI teams providing holistic support to human adjusters.
May 10, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
Scattered Spider Hackers Escalate Attacks on Financial and Insurance Sectors
Scattered Spider targets leading financial institutions and insurance companies, escalating cybersecurity threats with sophisticated phishing schemes.
May 9, 2024
Fraud
Insurance Industry
Technology
Comprehensive Strategies in Cybersecurity Insurance for Modern Businesses
Explore how businesses can bolster defenses and manage risks through innovative cybersecurity insurance solutions in a digitally driven marketplace.
May 9, 2024
Insurance Industry
Risk Management
Technology
Overcoming the Cost Barrier: Tackling High Insurance Premiums for Electric Vehicles
With insurance costs for electric vehicles approximately 20% higher than for traditional cars, addressing these premiums is crucial for broader EV adoption.
May 9, 2024
Auto
Insurance Industry
Risk Management
Technology
Kentucky Court Rules on Rideshare Driver’s UIM Coverage in Landmark Case
In a significant ruling, the Kentucky Court of Appeals decided a Lyft driver could not collect underinsured motorist benefits from Lyft or her personal auto policy.
May 8, 2024
Auto
Insurance Industry
Litigation
Technology
Kentucky
Wegmans Reduces Litigation and Enhances Worker Recovery with AI-Enhanced Claims Management
At Wegmans, AI technology has slashed litigation rates and improved response times in workers’ compensation claims, leading to faster, more effective treatment.
May 8, 2024
Insurance Industry
Litigation
Risk Management
Technology
Workers' Compensation
New York
Adjusters Discuss Claim Volume and Workload Challenges
Insurance adjusters express concerns over increasing claim volumes and the impact on work-life balance, highlighting industry challenges.
May 7, 2024
Insurance Industry
Property
Technology
Workers' Compensation
Texas
FAA Investigates Boeing After Inspection Records Were Falsified on 787 Dreamliners
The FAA has launched an investigation into Boeing’s 787 Dreamliner after some employees reportedly skipped critical inspections, falsifying records in the process.
May 7, 2024
Legislation & Regulation
Risk Management
Technology
Swiss Re Advocates for Advanced Data Utilization to Bridge the NatCat Protection Gap
As natural catastrophe losses escalate, Swiss Re emphasizes the use of data-driven insights to enhance global insurance access and climate risk management.
May 7, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Sentry’s Injured Worker Well-being Report Highlights Crucial Link Between Behavioral Health and Recovery Outcomes
Sentry’s recent report underscores the significant effect of behavioral health on workers’ compensation claims, urging early intervention.
May 7, 2024
Life & Health
Risk Management
Technology
Workers' Compensation
Wisconsin
NHTSA Opens Investigation Into Tesla’s Recall Effectiveness and Requests Detailed Information
The National Highway Traffic Safety Administration has initiated an investigation to assess the effectiveness of Tesla’s recall remedies and has requested detailed information from the automaker.
May 7, 2024
Auto
Risk Management
Technology
California
District Of Columbia
