The 2024 insurance landscape is set for a transformation, with AI integration promising improved claims handling and underwriting accuracy, as outlined in a recent Xceedance report.

In a notable decision, a California court ruled that online disparagements made by a customer against her contractor were libelous, setting a precedent for business protection against false online accusations.

Honda is recalling numerous models due to a front passenger seat sensor defect that could lead to unintended air bag deployment during crashes.

As AI integrates with heavy trucking, navigating legal claims and safety standards becomes complex, requiring industry-wide collaboration and regulatory insight.

Insurtech funding declined to $4.5 billion in 2023, marking the lowest investment level since 2018 amidst a challenging economic climate.

Cloudflare’s swift and effective response halts a nation-state cyber attack, aiming for widespread access to its network, without compromising customer data.

With cyber attacks becoming an inevitable threat, over 70% of organizations now hold cyber insurance, reflecting a shift towards proactive risk management.

In a pioneering move, the Florida Bar approves AI for legal use, setting ethical standards to guide lawyers in harnessing AI technology responsibly.

Under new SEC rules, public companies must now report significant cybersecurity incidents within four business days, enhancing transparency and risk management.

The recent cyberattack on MGM Resorts, costing an estimated $100 million, underscores the evolving threat landscape and the critical need for robust IT security measures.

Despite law enforcement crackdowns, ransomware activities soared in 2023, signaling ongoing challenges and the need for enhanced cybersecurity measures.

Despite recent exits of Amazon and Google from insurance comparison services, traditional insurers continue to excel, blending technological innovation with proven expertise.

FloodFlash, with its unique sensor-based parametric flood insurance, is transforming the flood coverage landscape in the U.S., offering more accurate and reliable policies.

In a move to ensure AI safety, the Biden administration mandates major AI developers to disclose safety test results, enhancing technology management and national security.

Examining the influence and lessons of Amazon’s Insurance Store on the insurance industry, emphasizing the importance of adapting to ecosystem business models.