| Today's Headlines | September 16, 2022 |
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In this edition, we highlight the possible effects of concurrent weather events on critical sectors, hacking vulnerabilities at EV charging stations, the toll having robot co- workers can have on mental health, the hidden dangers of EV battery fires and the risk of bias in robots programmed with flawed AI. Concurrent weather events can damage... read more | | |
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A state mandate in California that will require all cars sold after 2035 to be emission free presents a formidable challenge for auto insurers to properly price and fully understand the risks presented by electric vehicles. The rule adopted by the California Air Resources Board comes as average collision repair wait times are lengthening and... read more | | |
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If you've visited a grocery store lately, you're well aware that the price of everything is going up. Way up. After about 14 years of consistently low inflation (which was barely worth mentioning even during the 2007-2008 financial crisis), 2021 saw a 7 percent inflation ... read more | | |
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Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM Best financial rating firm said. Despite that, AM Best is willing to consider rating more of those Florida insurers as the state grapples with the best way to handle the fallout left... read more | | |
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Since May 2020, S&P Global Ratings has had a negative credit outlook on the global reinsurance sector—and analysts said it isn't time to change that view during a webinar last week. Taoufik Gharib, senior director and lead analyst, S&P Global Ratings, and Johannes Bender, director and lead analyst, provided their take on sector profit drivers,... read more | | |
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Record high temperatures in urban Europe as heat waves bake the planet more often. Devastating floods, some in unprepared areas. Increasing destruction from hurricanes. Drought and famine in poorer parts of Africa as dry spells worsen across the globe. Wild weather worldwide getting stronger and more frequent, resulting in "unprecedented extremes." Sound like the last... read more | | |
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Tesla Inc. was sued on Wednesday in a proposed class action accusing Elon Musk's electric car company of misleading the public by falsely advertising its Autopilot and Full Self-Driving features. The complaint accused Tesla and Musk of having since 2016 deceptively advertised the technology as fully functioning or "just around the corner" despite knowing that... read more | | |
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Workplace bullying costs global employers billions of dollars every year in absenteeism, stress leave and lost productivity. Researchers from Australia have identified major risk areas for workplace bullying embedded in day-to-day practices. In a paper published last month in the Journal of Occupational Health Psychology, lead author University of South Australia Professor Michelle Tuckey and... read more | | |
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| | Insurers face formidable challenges when it comes to the end-to-end handling of ... read more | |
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| | Artificial Intelligence is going to be a major key to growth in this decade. ... read more | |
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| | Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| | AI underwriting is here: Are you ready? What do you think of when you think of ... read more | |
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| | The Property and Casualty (P&C) insurance industry is being dramatically ... read more | |
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