Generative AI Revolutionizing the Insurance Industry, Prompts Innovation Funding Surge

In the face of generative AI’s rapid growth, insurance industry leaders are fast-tracking innovation and funding for digital strategies.
November 14, 2023 Education & Training Risk Management Technology Underwriting District Of Columbia

GE Aerospace Settles for $9.4 Million Over Inspection Lapses in Military Equipment

GE Aerospace settles with the federal government for $9.4 million over claims of inadequate inspections and nonconforming parts in military equipment.
November 13, 2023 Legislation & Regulation Liability Risk Management Technology Massachusetts Ohio

Cyber Insurance Market Emerges as a Highly Profitable Sector Despite Rising Ransomware Attacks

Amid a surge in ransomware attacks, the cyber insurance market remains highly profitable with strong growth potential, demonstrating resilience in the face of evolving cyber threats.
November 13, 2023 Liability Risk Management Technology Underwriting

Insurance Leaders of 2024 Set to Navigate Cyber Risk and Talent Development Challenges

Amidst a rapidly evolving insurance landscape, industry leaders are zeroing in on talent development and managing the surge in cyber risks.
November 13, 2023 Education & Training Insurance Industry Risk Management Technology

Empowering Insurance in the Digital Age: Leveraging Enterprise Blockchain for Multiparty Business Efficiency

In a rapidly evolving economic landscape, the insurance industry turns to blockchain technology for effective multiparty business process management.
November 13, 2023 Auto Life & Health Risk Management Technology

Revolutionizing Water Leak Prevention: AI’s Role in Reducing Insurance Claims

WINT’s innovative AI technology is transforming water leak detection and prevention, significantly reducing related insurance claims in commercial and residential properties.
November 10, 2023 Catastrophe Property Risk Management Technology

What Technology Solutions Are Effective When Handling Catastrophes?

Given the concerning rise in catastrophic events, what technology solutions have been most effective in helping the industry better predict, evaluate, and/or respond to catastrophes, and how do you use them?
November 9, 2023 Catastrophe Property Risk Management Technology

Digital Innovation Paves the Way for Pet Insurance Breakthrough

With pet insurance awareness low, Spot Pet Insurance has quickly become one of North America’s fastest-growing pet insurers, recently exceeding $100 million in gross written premiums.
November 9, 2023 Life & Health Property Risk Management Technology Florida

Cruise Automation Hits a Bump: 950 Driverless Cars Recalled After Accident

Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis and will likely issue more recalls.
November 9, 2023 Auto Catastrophe Legislation & Regulation Technology Arizona Florida Texas

EU Presses TikTok for Greater Measures Against Misinformation Spread

The European Union’s digital chief has commended TikTok for its recent initiatives to safeguard users but underscores the need for continued vigilance against the spread of illegal content and misinformation.
November 8, 2023 Fraud Legislation & Regulation Risk Management Technology

Mulberri Launches AI Risk Engine to Revolutionize Workers’ Compensation Underwriting

Enhancing accuracy and profitability, Mulberri’s new AI Risk Engine promises to revolutionize workers’ compensation underwriting.
November 8, 2023 Risk Management Technology Underwriting Workers' Compensation

Nike Launches Legal Battle Over Sneaker Tech Patents Against New Balance and Skechers

Footwear giant Nike filed federal lawsuits against New Balance and Skechers, accusing them of infringing patents related to Nike’s technology.
November 7, 2023 Litigation Technology Underwriting California Massachusetts Oregon

Building for the Future: Florida’s Hurricane-Resilient, Eco-Friendly Homes

Some developers are building homes with an eye toward making them more resilient to the extreme weather that`s increasing with climate change, and friendlier to the environment at the same time.
November 7, 2023 Catastrophe Property Risk Management Technology Florida

Embracing AI in Insurance: Balancing Efficiency and Data Security

While generative AI tools offer immense benefits, they also come with legal risks. Insurance brokers, producers, and account executives need to be aware.
November 7, 2023 Education & Training Liability Technology California

Insurtech Funding Hits Record High in Q3 with Over $1 Billion, Dominated by P&C Sector

The global insurtech sector surpassed US$1.1 billion in new funding during the third quarter of 2023. This growth represented a 19.8% increase.
November 7, 2023 Insurance Industry Life & Health Property Technology California Massachusetts
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