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How Wearable Technology is Reshaping Worker Safety and Compensation Claims

How Wearable Technology is Reshaping Worker Safety and Compensation Claims

Wearable technology in the workplace offers significant potential to improve employee health and safety, potentially leading to reduced workers’ compensation claims.
December 27, 2023 Education & Training Risk Management Technology Workers' Compensation

Understanding the Hidden Risks in Climate Change Modeling for Insurers

Understanding the Hidden Risks in Climate Change Modeling for Insurers

Insurance industry’s current climate change models may underestimate physical risks, highlighting the need for comprehensive scenario analysis and adjustment for tail risks.
December 26, 2023 Catastrophe Legislation & Regulation Risk Management Technology

Rite-Aid’s Facial Recognition Misstep Teaches Valuable Lessons to Insurance Sector

Rite-Aid’s Facial Recognition Misstep Teaches Valuable Lessons to Insurance Sector

Rite-Aid’s recent facial recognition debacle highlights key lessons for insurance companies in balancing innovation with practical implementation and legal compliance.
December 26, 2023 Legislation & Regulation Liability Risk Management Technology Michigan Virginia Washington

Insurtech Evolution Merges Tech with Traditional Insurance

Insurtech Evolution Merges Tech with Traditional Insurance

Exploring how insurtech combines with traditional insurance to enhance customer experience and open new market opportunities
December 22, 2023 Insurance Industry Risk Management Technology Underwriting

Emerging Virtual and Psychedelic Therapies Transform PTSD Treatment in Workers’ Comp

Emerging Virtual and Psychedelic Therapies Transform PTSD Treatment in Workers’ Comp

Exploring innovative approaches in workers’ compensation for PTSD treatment, including virtual reality and psychedelic-assisted therapy, in response to America’s mental health crisis
December 22, 2023 Education & Training Life & Health Technology Workers' Compensation

GenAI Impact and Risk Management for Directors and Officers in the Insurance Landscape

GenAI Impact and Risk Management for Directors and Officers in the Insurance Landscape

Analyzing how GenAI shapes business prospects and poses new challenges for directors, officers, and the insurance sector
December 22, 2023 Legislation & Regulation Liability Risk Management Technology

Rite Aid Faces Facial Recognition Tech Ban Following FTC Allegations

Rite Aid Faces Facial Recognition Tech Ban Following FTC Allegations

Settling with the FTC, Rite Aid faces a five-year ban on facial recognition technology amid claims of incorrect usage and bias against minority shoppers.
December 21, 2023 Legislation & Regulation Liability Technology Pennsylvania

Construction Industry: A New Cybercrime Target Amidst Booming Economy

Construction Industry: A New Cybercrime Target Amidst Booming Economy

Exploring the rise in cybercrime targeting the construction sector, highlighting the vulnerabilities and legal implications in the face of robust industry growth.
December 21, 2023 Legislation & Regulation Liability Risk Management Technology

Data Modernization as a Strategic Imperative in Today’s Insurance Industry

Data Modernization as a Strategic Imperative in Today’s Insurance Industry

Exploring the essential role of data and analytics in the insurance sector, emphasizing strategic alignment and the push for innovation.
December 21, 2023 Insurance Industry Risk Management Technology

Insurance Industry at a Crossroads with Technology Transformation and Customer Focus

Insurance Industry at a Crossroads with Technology Transformation and Customer Focus

Examining the pitfalls of past insurance transformations and the urgent need for a customer-focused, technologically adept future in the industry.
December 20, 2023 Insurance Industry Risk Management Technology Underwriting

Navigating New Risks: Adapting Mental Health Care in the Post-Pandemic Era

Navigating New Risks: Adapting Mental Health Care in the Post-Pandemic Era

Exploring the increased liability risks in mental health care post-pandemic and strategies for practitioners to mitigate these challenges.
December 20, 2023 Education & Training Liability Life & Health Technology

Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future

Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future

Exploring Lemonade’s insurtech strategies and State Farm’s smart home vision to understand future trends in insurance technology and customer experience.
December 19, 2023 Education & Training Insurance Industry Property Technology

Activision Blizzard Settles for $54 Million in Landmark Discrimination Case

Activision Blizzard Settles for $54 Million in Landmark Discrimination Case

Activision Blizzard’s $54 million settlement with California’s civil rights agency marks a significant step in addressing workplace discrimination claims against the video game giant.
December 18, 2023 Legislation & Regulation Liability Litigation Technology California

Cyber Insurance Market to Witness Major Shift as Reinsurers Embrace Cyber Capacity in 2024

Cyber Insurance Market to Witness Major Shift as Reinsurers Embrace Cyber Capacity in 2024

The upcoming shift in the reinsurance industry towards cyber insurance in 2024 is driven by its rapid growth and the increasing need for robust cyber risk strategies.
December 18, 2023 Risk Management Technology

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia’s devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023 Catastrophe Property Risk Management Technology Florida Georgia North Carolina South Carolina