A recent webinar with Hartford Steam Boiler and IoT Insurance Observatory experts reveals the imperative shift from potential to mass deployment in the IoT sector for insurance.

The shift from resilience to adaptation in property and casualty insurance is made possible by Embedded Insurance at the Point of Design, offering a transformative approach to managing risk.

Amid global challenges, the insurance industry’s future looks bright with AI-driven transformations enhancing risk management, policy recommendations, and employee experiences.

In a key decision, the Illinois Appellate Court ruled that insurance companies are not required to defend in a lawsuit involving the Biometric Information Privacy Act (BIPA), marking a significant legal development.

The cyber insurance market experiences a shift with increased premiums, evolving cyber threats, and a focus on informed decision-making for 2024, as highlighted by Woodruff Sawyer.

Supercede’s latest data reveals notable growth in digital platform usage, indicating a shift towards technological integration in the reinsurance industry.

Moody’s RMS analysis predicts insured losses from the January 1 Noto Peninsula earthquake in Japan to range between $3 to $6 billion, covering various impacts.

In a rapidly changing risk environment influenced by AI, climate change, and geopolitics, Chief Risk Officers are key to strategic decision-making, says LCP research.

In a Boston federal court, Google disputes a $1.67 billion claim alleging the tech giant infringed patents crucial for its AI-driven products.

As U.S. drivers brace for the highest auto insurance rate hike since 2018, with an average increase of 12.6%, financial pressures mount across states.

With a significant rebound in business travel, organizations face new challenges and insurance needs in a post-COVID world.

Despite acknowledging the importance of life insurance, Gen Z and Millennials are underinsured compared to other age groups, with misconceptions about cost being a key barrier.

OpenAI and Microsoft are sued for allegedly using copyrighted nonfiction works to train AI models, including the ChatGPT chatbot, sparking a debate on AI training practices.

An in-depth look at how digital bartering, blockchain technology, and regenerative finance are reshaping global trade in the face of geopolitical and economic challenges.

OpenAI is actively negotiating with multiple publishers for content licensing, balancing AI model training needs with legal complexities.