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
Insurance Industry Shifts Focus from Repair to Predict and Prevent Model
In a significant industry shift, insurance moves towards a predict and prevent model, emphasizing consumer education and engagement.
November 16, 2023
Auto
Education & Training
Risk Management
Technology
Generative AI in Legal and Insurance Fields: A Balancing Act of Trust and Caution
AI’s growing presence in law and insurance raises questions of reliability and the balance of technology and human judgment.
November 16, 2023
Education & Training
Liability
Litigation
Technology
New York
Revolutionizing Auto Insurance Claims with Advanced Crash Detection Technology
Crash detection technology is set to revolutionize the auto insurance claims process, offering real-time accident alerts and improving the efficiency of claims handling.
November 15, 2023
Auto
Risk Management
Technology
Underwriting
Wearable Tech Transforms Worker Safety and Insurance Costs
Ergonomic wearables emerge as a key solution in reducing workplace injuries and workers’ compensation costs.
November 15, 2023
Education & Training
Risk Management
Technology
Workers' Compensation
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
