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
Insurance Marketing Thrives on Data-Driven Trigger Campaigns Amid Competitive Market
Amid a competitive landscape, insurance marketers are leveraging real-time data to engage customers with targeted, relevant messaging that maximizes retention and acquisition.
May 2, 2024
Insurance Industry
Risk Management
Technology
North Carolina Mom Discovers Over 50,000 Bees Behind Toddler’s Wall After Mistaking Buzzing for Monsters
After her daughter heard strange noises, a North Carolina mother discovered a massive bee colony in their home, leading to a costly and intricate removal process.
May 1, 2024
Insurance Industry
Property
Technology
Weird
North Carolina
Netwrix 2024 Report Highlights Evolving Cybersecurity Trends and Growing Challenges in Hybrid IT Environments
The latest Netwrix report reveals critical insights into the cybersecurity landscape, emphasizing increased incidents and evolving protection strategies in hybrid IT architectures.
May 1, 2024
Insurance Industry
Risk Management
Technology
Transforming Underwriting: Embracing Technology and Training for Growth
Advanced technology and targeted training are reshaping underwriters’ roles, enhancing their efficiency and market adaptability, according to a new Capgemini report.
April 30, 2024
Insurance Industry
Risk Management
Technology
Underwriting
Surge in Auto Insurance Costs Drives Record U.S. Shopping and Switching Rates
Amid a significant 22.2% increase in premiums, nearly half of U.S. auto insurance customers are actively seeking new policies, according to the latest J.D. Power study.
April 30, 2024
Auto
Insurance Industry
Risk Management
Technology
California
Gore Street Capital Deploys Advanced Battery Analytics for Better Insurance Terms on UK Energy Projects
Gore Street Energy Storage Fund has successfully implemented a predictive analytics solution, achieving improved insurance terms for its UK energy storage projects.
April 30, 2024
Auto
Insurance Industry
Risk Management
Technology
California
Texas
Global Cyber Confidence Index 2024 Highlights Widespread Overconfidence in Cybersecurity Amid Rising Ransomware Threats
The 2024 Global Cyber Confidence Index report underscores a significant disconnect between cybersecurity confidence and the actual effectiveness of risk management practices.
April 30, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
U.S. Sets 2029 Deadline for Mandatory Automatic Emergency Braking in New Cars
By 2029, all new passenger cars and light trucks in the U.S. will include automatic emergency braking systems to enhance road safety.
April 30, 2024
Auto
Legislation & Regulation
Technology
Progressive Insurance Plans Massive Hiring Drive in 2024
Progressive Insurance is set to recruit over 10,000 employees across the U.S. in 2024, expanding its workforce to support customer growth.
April 29, 2024
Education & Training
Insurance Industry
Technology
Workers' Compensation
Tornado Outbreak Stretches Across Central U.S., Driven by Unusual Weather Patterns
A series of tornadoes, influenced by El Niño’s decay, wreaked havoc across the central United States from Oklahoma to Nebraska, highlighting changing patterns in tornado occurrences.
April 29, 2024
Catastrophe
Risk Management
Technology
Iowa
Nebraska
Oklahoma
Effective Strategies for Field Adjusters to Enhance Efficiency and Manage Workload
Experienced adjusters share invaluable insights on increasing efficiency during field inspections, essential for managing property claims effectively.
April 29, 2024
Auto
Education & Training
Property
Technology
Insurance Industry Leverages AI to Enhance Efficiency and Decision-Making
The insurance industry has rapidly adopted AI, enhancing operations across sales, underwriting, and risk management to optimize performance and profitability.
April 29, 2024
Fraud
Insurance Industry
Technology
Underwriting
Seattle Area Tesla Autopilot Crash Raises Safety Questions
A fatal collision involving a Tesla on Autopilot near Seattle has intensified scrutiny over autonomous driving technology’s safety.
April 26, 2024
Auto
Legislation & Regulation
Liability
Technology
Washington
Rising Distracted Driving Trends: Insights from Arity’s Henry Kowal
Smartphone use behind the wheel surges, prompting a deep dive into the data with Arity’s expert.
April 26, 2024
Auto
Insurance Industry
Risk Management
Technology
