News
Separate Casino Cyber Attacks Highlight Continued Market Risk
Two cyber attacks against two separate casinos in Las Vegas last week highlight the continued cyber insurance market risk resulting from tenacious ransomware groups, according to Guy Carpenter's ...
U.S. Pipeline Regulator Awards $15M in Safety Grants
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) on Wednesday awarded $14.8 million in grants for pipeline safety training and technological ...
Study Finds AI Reduces Legal Involvement in Workers Comp Lost-Time Claims by 15%
A new study has found that artificial intelligence-enabled workers compensation claims management reduced legal involvement for lost-time claims by 15 percent. Gradient AI, a software provider of ...
10 States Want Judge to Block Changes to National Flood Insurance Program
Increases in federal flood insurance premiums that are projected to surpass 700 percent over the coming years are already leading people to back out of home purchases and will likely lead to an ...
Executives on the Move at CSAA, Zurich NA, Kemper, Colonial Surety, MS Amlin
CSAA Insurance Group, a AAA insurer, announced that Todd Pugh has been promoted to executive vice president and chief information officer, overseeing all aspects of the company's information ...
‘Hard But More Manageable’ Jan. 1 Renewals; Little Relief on Retentions
The hard reinsurance market in property-catastrophe reinsurance isn't coming to an end at Jan. 1, 2024, but reinsurers are likely to deploy more of their capacity next year, broker executives said ...
Satisfaction Stable In Challenged Homeowners Market; Erie Ranks Highest: J.D. Power
As U.S. homeowners and renters are seeing rising premiums or policy cancellations due to a combination of natural catastrophes and regulatory pressure, the J.D. Power 2023 U.S. Home Insurance Study ...
LexisNexis Risk Solutions Launches C.L.U.E Auto Damage 360
Celebrating the 35th anniversary of the Comprehensive Loss Underwriting Exchange (C.L.U.E.), LexisNexis Risk Solutions announced the launch of C.L.U.E. Auto Damage 360, a comprehensive auto claims ...