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Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital positions and support from reinsurance partners...
As insurers introduce artificial intelligence into pricing and claims handling activities, regulatory focus on disparate impact will grow...
Social inflation has become the industry's most talked about subject in recent quarters. The frequency and severity of tort claims has increased, and...
The state senators grilling the CEO of Pacific Gas & Electric Corp. were upset—like millions of other Californians, some spent days in the dark when the nation’s largest utility shut...
Renowned machine learning researcher and New York Times bestselling author Kai-fu Lee has described the era we are living in as "the age of...
Royal Caribbean Cruises Ltd's potential liability for a deadly excursion to a volcanic island in New Zealand could hinge on whether the eruption was an unforeseeable "act of God," according to maritime lawyers...
Boeing Co has settled more than half of some 118 cases related to the fatal crash of a Lion Air flight on a 737 MAX aircraft in October 2018, attorney Dan Webb said at a court hearing on Thursday...
The first point of contact with an insurer for most consumers is when they take out a policy or when they make a claim—neither of these experiences are...
A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way.
The unprecedented power shutdown by California’s PG&E Corp. has spread deeper into cities near San Francisco, ensnaring millions of people and raising the prospect that much of a major metropolitan area could go days without electricity...
