Origami Risk 2024 Report Reveals a Gap Between Perceived and Actual Preparedness in Risk Management
The latest State of Risk Report by Origami Risk highlights a concerning disparity between the confidence of risk professionals and their actual readiness to handle emerging and complex risks.
May 15, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Rising Atlantic Ocean Temperatures May Boost Hurricane Activity in 2024
With Atlantic Ocean temperatures nearing critical thresholds, the 2024 hurricane season could see increased cyclone strength and frequency.
May 15, 2024
Catastrophe
Marine
Risk Management
Technology
Effective Collaboration and Expert Management Drive Captive Insurance Success in Vermont
Vermont exemplifies the importance of teamwork and expert management in driving the success of captive insurance companies.
May 15, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Vermont
Adapting Claims Adjusting to the Modern Era of Technology and Data
Claims adjusters face new challenges with AI and data integration, requiring continuous adaptation and skill enhancement.
May 14, 2024
Education & Training
Insurance Industry
Technology
Workers' Compensation
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
