Building Resilience with Insurance
The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.
May 22, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
California
Hawaii
New York
Leveraging AI for Plain Language in Life Insurance Communications
Regulatory demands for plain language drive life insurers to adopt generative AI tools to improve customer communications and ensure clarity and compliance.
May 22, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Technology
Gina Raimondo Unveils Strategic Vision for AI Safety and Global Cooperation
U.S. Commerce Secretary Gina Raimondo announces strategic vision for AI safety and plans for a global network of AI Safety Institutes, emphasizing international cooperation to mitigate AI risks.
May 22, 2024
Legislation & Regulation
Risk Management
Technology
California
Diverse Data Sources Revolutionize Flood Insurance Underwriting
Leveraging diverse data sources and advanced computing power is transforming flood insurance, making it a viable option for private insurers and improving coverage accuracy and affordability.
May 22, 2024
Insurance Industry
Property
Risk Management
Technology
Florida’s Hurricanes: Lessons Learned and Advances in Insurance Technology
In the two decades since Florida’s devastating 2004 hurricane season, insurers have significantly improved their response strategies and technology, enhancing preparedness and resilience against future storms.
May 22, 2024
Catastrophe
Property
Risk Management
Technology
Florida
Can Generative AI Teach the Next Generation of Underwriters?
Industry experts discuss how generative AI can address challenges in training and retaining underwriters amid shifting expectations and rapid digital changes.
May 21, 2024
Education & Training
Insurance Industry
Risk Management
Technology
Arctic Wolf Predicts Surge in Cyber Threats for 2024
Arctic Wolf’s 2024 Threat Report reveals a 20% increase in ransom demands and a rise in ransomware attacks, highlighting the need for stronger cybersecurity measures.
May 21, 2024
Fraud
Insurance Industry
Risk Management
Technology
How Climate Change Will Transform Healthcare Delivery and Payer Strategies
Climate change is set to significantly affect healthcare delivery, increasing utilization and costs while disrupting supply chains. Payers must develop comprehensive strategies to address these challenges and ensure sustainable operations.
May 20, 2024
Life & Health
Property
Risk Management
Technology
California
North Carolina
Transforming Insurance: Embracing the Customer-Centric Ecosystem
Insurance industry must transition to customer-centric ecosystems for future success.
May 20, 2024
Insurance Industry
Risk Management
Technology
New Collaboration to Address Supply Chain Risks in Re/Insurance Industry
Gallagher Re and Oxford University partner to analyze supply chain chokepoints impacting the re/insurance sector.
May 20, 2024
Marine
Property
Risk Management
Technology
AI Startup Lovo Sued for Allegedly Using Actors’ Voices Without Consent
Berkeley-based AI firm Lovo faces a class action lawsuit from voice actors Paul Lehrman and Linnea Sage, who allege their voices were used without permission for the company’s AI generator, Genny.
May 20, 2024
Fraud
Legislation & Regulation
Litigation
Technology
California
New York
How AI is Reshaping the Workplace: Balancing Innovation with Safety
The rise of AI and large language models is revolutionizing workplaces across industries, necessitating advanced safety measures and worker reskilling to prevent job displacement and injuries.
May 20, 2024
Education & Training
Risk Management
Technology
Workers' Compensation
NOAA Grants $308 Million to Colorado State University for Weather and Climate Research
NOAA renews its partnership with Colorado State University through a $308 million grant, supporting the Cooperative Institute for Research in the Atmosphere (CIRA) for advanced weather and climate research and forecasting.
May 20, 2024
Catastrophe
Education & Training
Risk Management
Technology
Colorado
Maryland
Missouri
Spotify Denies Copyright Violation Claims from Music Publishers
Spotify faces allegations from the National Music Publishers Association (NMPA) for unlicensed use of lyrics and music in its video function, podcasts, and remix feature, which the streaming giant vehemently denies.
May 17, 2024
Insurance Industry
Litigation
Technology
2024 Product Recall Insights: Trends and Predictions for US Industries
The 2024 State of the Nation Recall Index report by Sedgwick highlights key trends, statistics, and predictions in product recalls across US industries, including pharmaceuticals, consumer products, automotive, medical devices, and food and drink.
May 17, 2024
Auto
Insurance Industry
Legislation & Regulation
Technology
Michigan
Minnesota
