Claims Adjusters Urged to Justify Their Decisions Amid Rising Concerns Over Training and Experience
Experienced adjusters call for their peers to better defend adjustments, highlighting concerns over recent training quality and ethical standards in claim handling.
March 21, 2024
Education & Training
Litigation
Property
Technology
U.S. Officials Urge Governors to Boost Cybersecurity in Water Sector Amid Hacking Threats
National Security Advisor and EPA Administrator call for enhanced cybersecurity measures to protect the U.S. water sector from increasing cyber threats.
March 21, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
California
Pennsylvania
AI Enhancements Streamline Workers’ Compensation Claims Process for Adjusters
AI assistants are revolutionizing the workload for workers’ compensation claims adjusters by providing online claims access and reducing phone and email inquiries.
March 21, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
Gen Z Faces Unprecedented Retirement Planning Challenges
Gen Z’s path to retirement is fraught with gig economy instability and the pressures of social media, demanding innovative financial strategies.
March 21, 2024
Education & Training
Life & Health
Risk Management
Technology
Ferrari Faces Legal Challenge Over Alleged Brake Defects in Sports Cars
A lawsuit filed in US District Court claims Ferrari failed to adequately fix a potentially dangerous brake defect in several models, including the 458 Italia.
March 20, 2024
Auto
Liability
Litigation
Technology
California
Court Allows Stalking Claims Against Apple AirTag to Proceed
A San Francisco judge has ruled that a lawsuit accusing Apple of not doing enough to prevent AirTags from being used for stalking can move forward.
March 20, 2024
Insurance Industry
Liability
Litigation
Technology
California
The Impact of Mass Tort Advertising on the Insurance Industry
With $1.2 billion spent on mass tort TV ads in a single year, experts warn the insurance industry to heed the potential litigation risks these ads represent.
March 20, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
Florida
Spire Global and NVIDIA Join Forces to Revolutionize AI-Driven Weather Forecasting
Spire Global teams up with NVIDIA, aiming to improve forecast accuracy and tackle the challenge of extreme weather events through AI-driven weather prediction.
March 20, 2024
Catastrophe
Marine
Risk Management
Technology
Judge Rules Against Dismissing Lawsuit Linking Social Media Algorithms to Buffalo Shooting
A New York judge’s decision to not dismiss a lawsuit against Reddit and YouTube questions the extent of their liability in a racially motivated attack in Buffalo.
March 20, 2024
Catastrophe
Legislation & Regulation
Liability
Technology
New York
How Property and Casualty Insurers Can Boost Profits with AI in 2024
As P&C insurers navigate inflation and climate challenges, strategic AI adoption, including computer vision and LLMs, offers a path to enhanced profitability.
March 19, 2024
Property
Risk Management
Technology
Underwriting
IIHS Introduces New Ratings for Partial Driving Automation: Majority Fail to Make the Grade
A new safety evaluation by IIHS reveals only one out of 14 partial driving automation systems meets "acceptable" standards, prompting calls for improvement.
March 19, 2024
Auto
Insurance Industry
Technology
Navigating Climate Change: A Strategic Imperative for Life and Health Insurers
As climate change reshapes health risks, life and health insurers must adapt, focusing on strategic decisions to align with long-term health outcomes.
March 19, 2024
Catastrophe
Life & Health
Risk Management
Technology
Apple Settles Class Action Lawsuit for $490 Million Over Misleading iPhone Sales Statements
Apple resolves a lawsuit alleging misleading comments by CEO Tim Cook on iPhone sales in China, agreeing to a $490 million settlement.
March 18, 2024
Legislation & Regulation
Litigation
Technology
Embracing AI in Insurance: BriteCo’s Journey with Emma and Beyond
BriteCo leverages AI to enhance customer service and explore new business opportunities, signaling a transformative era in insurance.
March 18, 2024
Insurance Industry
Technology
Rising Insurance Premiums Linked to Vehicle Telematics Spark Privacy Concerns and Legal Action
Vehicle telematics and data tracking lead to higher insurance premiums for some drivers, raising significant privacy and consumer law concerns.
March 18, 2024
Auto
Legislation & Regulation
Technology
Massachusetts
