| Today's Headlines | May 24, 2022 |
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The InsurTech industry is facing what experts say is a "leveling out period" after investment in the space accelerated during the pandemic due to changes in the workplace and a greater focus on the use of technology. "We're in this leveling out period," said Chris Cheatham, product evangelist at Bold Penguin. "I don't know what... read more | | |
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Global power grids are about to face their biggest test in decades, with electricity generation strangled in the world's largest economies. War. Drought. Production shortages. Historically low inventories. And pandemic backlash. Energy markets across the planet have been put through the wringer over the past year, and consumers have suffered the consequences of soaring prices.... read more | | |
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What were we thinking? It's a common question in every area of life! We find ourselves in a particular state and we wonder what decisions we made that brought us to this point. These might be the good decisions that we made that have us ... read more | | |
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UK pension schemes should not ignore climate change, a senior executive at The Pensions Regulator said on Monday, the first watchdog to weigh in after a top HSBC banker was suspended after playing down the financial risks of climate change. Regulators across the world have been putting pressure on the financial services industry to take... read more | | |
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Cars on U.S. roads are as old as they've ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies. The age of light vehicles domestically is now 12.2 years on average, up almost two months from last year's figure, according to S&P Global Mobility. That's a record high and marks... read more | | |
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Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance (LPLI) claim of more than $50 million in the last two years — and at least one paid a claim that settled for over $400 million. Ames & Gough released the results of its 12th... read more | | |
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Following a trend in directors and officers litigation involving cybersecurity firms, Okta Inc. now faces a securities class action lawsuit alleging the firm made false and misleading statements, including that it did not disclose and then downplayed the severity of a data breach earlier this year. According to the federal lawsuit filed May 20 in... read more | | |
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Hippo Insurance Group's First Connect and Blink announced a collaboration to make personal cyber insurance protection available to independent agents that participate in First Connect's InsurTech marketplace platform. First Connect, a digital platform designed to provide independent agents with access to InsurTech carriers, will offer a cyber protection insurance product underwritten by Blink by Chubb.... read more | | |
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| | A.I. Detects Fraudulent $13,000 Pizza Oven, Saves 30 Minutes per Claim. IAG ... read more | |
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| | Trampoline detected. Patio extended. New vehicle identified. This whitepaper ... read more | |
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| | According to the FBI, the insurance industry loses $40 billion per year to ... read more | |
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| | As the world has turned digital, technological business solutions continue ... read more | |
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| | Automation is essential to the insurance industry's digital transformation ... read more | |
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