The aviation sector sees positive growth and record passenger numbers, yet faces ongoing challenges including rising repair costs and a shortage of skilled mechanics, as revealed in Allianz Commercial’s latest report.

The recent Microsoft-CrowdStrike outage disrupted businesses worldwide, highlighting the importance of robust cybersecurity measures and proactive risk management strategies to prevent widespread economic and operational setbacks.

Despite recent reports of its demise, insurtech is thriving within large carriers, driving innovation and competitive advantage through technologies like telematics, IoT, and data analytics.

A breach at National Public Data has exposed 2.9 billion records, including names, addresses, and Social Security numbers, making it one of the largest data thefts ever reported.

A recent report by Allianz Commercial reveals that collisions and crashes constitute over half of aviation insurance claims by value and a third by number over the past five years.

Managing chronic pain involves choosing between topical and systemic medications, each with its own advantages and limitations in terms of safety, efficacy, and application.

The Grid Resilience and Innovation Partnerships (GRIP) Program, part of the Bipartisan Infrastructure Law, aims to enhance the resilience and reliability of the U.S. power grid against extreme weather and climate change.

Delta’s claims against Microsoft and CrowdStrike are misleading, say tech giants.

Insurance firms are increasingly adopting generative AI, which is transforming customer service, claims management, and overall operational efficiency.

Global insurtech financing rose 40% to $1.27 billion in Q2, largely driven by AI-focused investments, according to reinsurance broker Gallagher Re.

Generative AI is transforming commercial insurance by reducing costs and increasing efficiency through improved risk selection and service capabilities.

The Plymouth County Retirement Association has filed a class action lawsuit against CrowdStrike in Texas, claiming the cybersecurity firm’s software outage caused significant global disruptions and financial losses.

The U.S. Consumer Product Safety Commission has ruled that Amazon is responsible for recalling over 400,000 defective products sold by third-party sellers on its platform, including faulty CO detectors, unsafe hairdryers, and children’s sleepwear that fail flammability standards.

IoT technology is poised to simplify insurance by enhancing data integration, improving risk analysis, and overcoming workforce challenges, ultimately protecting people and businesses more effectively.

An unknown threat actor exploited an email misconfiguration in Proofpoint’s system, sending millions of spoofed emails from reputable companies like Best Buy and IBM, highlighting vulnerabilities in email security infrastructure.