First American Title Insurance Penalized $1M for Cybersecurity Breach in New York
First American Title Insurance faces a $1 million penalty for a cybersecurity breach, exposing consumer data in New York, under DFS regulation.
November 29, 2023
Legislation & Regulation
Litigation
Risk Management
Technology
Treasury Considers Federal Cyber Insurance for Catastrophic Risks
The U.S. Treasury is contemplating a federal response to catastrophic cyber risks, aiming to support the burgeoning private cyber insurance sector.
November 29, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Technology
MAPFRE’s CEO Highlights the Ethical Challenges of AI in Insurance at Geneva Summit
At the Geneva Association Summit, MAPFRE’s CEO stresses the need for ethical AI regulation and proactive measures against cyber risks in the insurance sector.
November 28, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Commercial Underwriting: Risk Factors That Matter
Understanding the complex landscape requires both foresight into identifying the right risk variables and a modern technology stack.
November 28, 2023
Catastrophe
Risk Management
Technology
Underwriting
UnitedHealth Accused of Using Faulty AI to Deny Coverage to Elderly
A lawsuit claims UnitedHealth used an AI model with a high error rate to deny necessary medical coverage to elderly patients, sparking debates on AI’s role in health insurance.
November 28, 2023
Legislation & Regulation
Life & Health
Litigation
Technology
Minnesota
Glimmers of Good News on Climate (Finally)
Stunning declines in the cost of solar and wind power are rapidly adding renewables to the world’s energy mix.
November 28, 2023
Auto
Catastrophe
Risk Management
Technology
Georgia
New Jersey
The Human Cost of Automated Health Claims: A Struggle for Coverage
Patients and doctors challenge a major insurer’s reliance on technology for processing health claims, highlighting a loss of personal touch and rising legal concerns.
November 28, 2023
Legislation & Regulation
Life & Health
Litigation
Technology
California
Washington
AI Impact in Insurance Balances Efficiency Gain and Employment Concerns
Artificial Intelligence revolutionizes insurance underwriting and processes, raising efficiency but also sparking concerns over job security in the industry.
November 27, 2023
Insurance Industry
Technology
Underwriting
Tech Whistleblower Struggles to Find Work Amid Hiring Discrimination Allegations
In the shadow of labor activism, a former Apple employee faces a career impasse, spotlighting the potential repercussions of speaking out in the tech industry.
November 27, 2023
Education & Training
Litigation
Technology
AI Impact on Insurance Jobs: A Deeper Look Beyond Recent Layoffs
Recent layoffs in the insurance sector prompt discussions on AI’s role, with experts suggesting AI is reshaping jobs rather than being the primary cause of job losses.
November 20, 2023
Education & Training
Insurance Industry
Risk Management
Technology
Whole Foods Executive Shares Insights on Career Transition and Risk Management Evolution
From culinary dreams to a leading role in risk management, a Whole Foods executive shares her journey and insights on the evolving landscape of workers’ compensation and technology’s role.
November 20, 2023
Education & Training
Risk Management
Technology
Workers' Compensation
Vegas Casinos Hit by Major Cyberattacks: MGM and Caesars Face Severe Consequences
MGM Resorts and Caesars Entertainment face severe fallout from major cyberattacks, highlighting the critical importance of cybersecurity in today’s digital age.
November 17, 2023
Fraud
Liability
Risk Management
Technology
Nevada
Rising ESG and Cyber Risks Transform the Landscape of Professional Liability Insurance
Environmental, social, governance risks and escalating cyber threats are redefining professional liability insurance, influencing rates and litigation trends.
November 17, 2023
Legislation & Regulation
Liability
Risk Management
Technology
Illinois
Use of Onboard Cameras in Fleet Vehicles Touted as Key to Mitigating Liability Risks
In the face of rising nuclear verdicts, risk experts from Crum & Forster advocate the use of cameras in fleet vehicles to minimize liability and enhance safety.
November 17, 2023
Auto
Liability
Risk Management
Technology
Ohio
Health Insurance Shifts Pave Way for Dramatic Changes in Employee Benefits and Insurance Carriers
Rising health insurance costs are driving employers to rethink benefits, paving the way for a more personalized approach to employee insurance and wellness.
November 16, 2023
Legislation & Regulation
Life & Health
Risk Management
Technology
