North Carolina Body Shop Owner Faces Insurance Fraud Charges
Following the insurance fraud charges, businesses are urged to adopt stringent safeguards to prevent fraud and protect their operations.
April 1, 2024
Education & Training
Fraud
Insurance Industry
Technology
North Carolina
Balancing Innovation and Risk in Insurance Data Science Adoption
Insurers strive for a balance between embracing data science innovation and maintaining robust risk governance and ethical standards.
April 1, 2024
Insurance Industry
Risk Management
Technology
Bridging the Gap in Cybersecurity with Process Innovation in the Insurance Sector
In the fast-evolving cyber threat landscape, insurance industry processes are key to developing adaptable policies, managing risks, and enhancing cyber resilience.
April 1, 2024
Insurance Industry
Risk Management
Technology
Adjusters Discuss Strategies and Frustrations with Roof Claims
Claims adjusters express challenges with roof damage claims, share strategies for dealing with contractors, and navigate industry changes.
March 29, 2024
Catastrophe
Insurance Industry
Property
Technology
Swiss Re and Zurich Navigate the Generative AI Wave in the Reinsurance Sector
As the reinsurance industry explores Generative AI, leaders weigh the technology's potential for innovation against its risks.
March 29, 2024
Insurance Industry
Risk Management
Technology
U.S. Offers $10 Million Bounty for Information on BlackCat Ransomware Gang Leaders
Following a devastating attack on UnitedHealth Group's subsidiary, the U.S. government offers a hefty reward for leads on the BlackCat ransomware syndicate.
March 29, 2024
Legislation & Regulation
Life & Health
Technology
Predictions Point to a Record-Breaking 2024 Atlantic Hurricane Season
Forecasters warn of an unusually active 2024 Atlantic hurricane season, urging early preparations as conditions favor above-average storm activity.
March 29, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Florida
North Carolina
South Carolina
Texas
Experts Unveil a Blueprint to Combat Smartphone-Induced Distracted Driving
A groundbreaking report by GHSA and CMT offers strategies to tackle distracted driving, revealing the effectiveness of hands-free laws and tech-driven safety programs.
March 29, 2024
Auto
Legislation & Regulation
Technology
Alabama
Michigan
Missouri
Ohio
Deciphering AI’s Role in Insurance Raises More Questions Than Answers
At the 2024 cyber symposium, experts express the need for clarity in underwriting AI-related risks, underscoring the insurance industry's struggle with fast-paced technological advancements.
March 29, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Navigating the Stormy Seas of Marine Insurance Claims with Expertise and Empathy
Marine loss adjuster Paul Field reveals the challenges and nuances of handling insurance claims for pleasurecraft, emphasizing the human aspect and technical expertise required.
March 29, 2024
Insurance Industry
Marine
Risk Management
Technology
U.S. Property and Casualty Insurers Shift Focus to Predict and Prevent Strategy Amid Rising Underwriting Losses
Facing a $38 billion underwriting loss and increased natural catastrophe damages, insurers explore predictive and preventive measures for sustainability.
March 28, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Cybersecurity Flaws and Delayed Upgrades Expose Clorox to Disruptive Attack
A cyberattack leveraging long-standing cybersecurity vulnerabilities at Clorox led to widespread production halts, underscoring the critical need for updated digital defenses.
March 27, 2024
Risk Management
Technology
California
Bridging the Insurance Gap in Emerging Markets Through Innovative Insurtech Solutions
Discover how Insurtech is revolutionizing insurance accessibility in emerging markets, leveraging mobile technology, and custom solutions to drive economic resilience.
March 27, 2024
Legislation & Regulation
Technology
Florida
2023 Reflects a New Norm in Natural Catastrophe Insurance Losses
In 2023, natural disasters led to over $108 billion in insured losses, marking the fourth consecutive year above $100 billion, with severe convective storms hitting a record high.
March 26, 2024
Catastrophe
Property
Risk Management
Technology
California
Florida
Louisiana
Insurance Sector Adapts to Cyber Risks Amid Rising Systemic Threats
Industry experts emphasize the importance of individual security measures and strategic risk management to mitigate systemic cyber threats impacting the insurance market.
March 26, 2024
Insurance Industry
Risk Management
Technology
