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
Mastering Risk Management for Mega Construction Projects with NFP’s Innovative Strategies
Adrian Pellen of NFP discusses leveraging technology and data to optimize insurance strategies in the construction sector at the 2024 RISKWORLD conference in San Diego.
May 7, 2024
Insurance Industry
Property
Technology
Arizona
California
New York
Healthcare Sector Hit Hardest by Global Ransomware Attacks in Q1 2024
The first quarter of 2024 sees a significant uptick in ransomware attacks, especially on healthcare providers, amidst ongoing cybercriminal activities.
May 6, 2024
Fraud
Life & Health
Risk Management
Technology
Artificial Intelligence: A Double-Edged Sword in Car Insurance Claims
As AI technology evolves, its misuse in creating fraudulent car insurance claims is surging, posing new challenges for insurers.
May 6, 2024
Auto
Fraud
Insurance Industry
Technology
Addressing Online Harassment and Bullying in Workplaces with Effective Insurance Coverage
Businesses now face increased liability from employee's online behaviors, making robust insurance policies essential to manage risks.
May 6, 2024
Insurance Industry
Liability
Risk Management
Technology
Florida Man Sentenced in Major Counterfeit Cisco Equipment Scheme
A dual U.S.-Turkey citizen from Florida has been sentenced to over six years in prison for trafficking counterfeit Cisco products, endangering national security and public safety.
May 3, 2024
Fraud
Insurance Industry
Legislation & Regulation
Technology
Florida
New Jersey
Ohio
Harnessing the Value of Intangible Assets for Future Business Growth
As businesses increasingly rely on intangible assets, effective management and advanced AI technologies become pivotal to securing and enhancing their value.
May 3, 2024
Insurance Industry
Risk Management
Technology
Marriott Admits to Lack of Encryption in Massive 2018 Data Breach
Marriott recently disclosed that its 2018 data breach, impacting 500 million guests, was not protected by encryption as previously claimed.
May 2, 2024
Insurance Industry
Litigation
Risk Management
Technology
Insurance Claims Analysis Shows Decline in Prescription Costs and Opioid Use in 2023
A comprehensive review of 2023 highlights reduced prescription costs and significant declines in opioid use within the insurance industry.
May 2, 2024
Life & Health
Risk Management
Technology
Workers' Compensation
