Death and taxes may be life’s only two actual inevitabilities if you go by the old adage, but for risk managers and insurance claim professionals, hurricane season represents another sure thing. It isn’t “if,” it’s “when and how many?”

Insurtech, an umbrella term that refers to everything from wearable safety technology to software and the Internet of Things (IoT), is driving innovation across the workers’ compensation sector.

The cyber insurance industry has grown exponentially in the past decade. As more and more businesses — of all sizes and in every sector — purchase cyber policies, the cyber insurance industry gains stronger and more actionable data insights.

Millions of job seekers attend career fairs to learn about opportunities each year. Now many will have a similar experience at home from a computer or smartphone. State Farm is hosting its first-ever virtual career fair for applicants to learn about jobs the company hopes to fill this year.

The use of artificial intelligence for fraud detection will triple by 2021, and advanced analytics and biometrics are becoming central to anti-fraud programs.

The term “artificial intelligence” (AI) is weaving its way into the mainstream of insurance companies of all sizes. It’s a hot topic: Consider that at the recent Dig | In event in Austin, Texas, at least half a dozen exhibitors classified themselves as “AI” or “AI/Fraud” companies.

Spin the wheel to land on any insurance carrier’s website. Did you land on Allianz, USAA, MetLife, Radian, Traveler’s, State Farm, Protective Insurance or American Family? Do you notice anything familiar?

A city in Florida has been the target of a massive cyberattack that disabled many of the municipality’s systems, forcing city leaders to pay off a hefty ransom to free the computers.

In today’s modern world, more individuals are using wearable devices to help them stay connected, keep better track of their daily activities, and achieve their health, fitness, and overall wellness goals. But with improving technology and expanding opportunities, wearable devices are now taking on much larger roles.

Technology is the foundation of the insurance industry: the means to solve or approximate answers to questions about the cost and availability of insurance, in addition to ways to reduce risk, improve service and expand coverage.

Uber has presented the latest member of its self-driving car fleet at its annual Elevate conference. The self-driving Volvo XC90 SUV is the first Uber vehicle designed without the need for a driver.

Last year saw a shift to real, use-case blockchain technology proof-of-concept projects in various markets, including shipping, insurance, logistics, mining, energy, and fine art.

Netting of subrogation payments, the exchanging of payments between carriers at regular intervals instead of on a claim-by-claim basis, is a concept that has been around since the mid-1990s.

Walnut Creek, Calif.-based CSAA Insurance Group, a AAA Insurer, is partnering with Owlcam, a Palo Alto, Calif-based provider of car security webcams and services, to improve the P&C insurer’s customer claims experience.

Elon Musk has been rocking the boat in the insurance industry as of late after confirming in a Q1 earnings call that Tesla planned to launch its own insurance product, later announcing that the automotive company would partner with State National Insurance Company, a subsidiary of insurance titan Markel Corporation, which will serve as a fronting company for the program.