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Jared Shelly is a journalist based in Philadelphia. He can be reached at [email protected]
You can’t miss the towering buildings of Hudson Yards, but it’s really the risk management features that truly set this development apart.
The inventor of the World Wide Web says we can do better with this connective platform. Insurance has an opportunity to do just that.
These four cases could spell ongoing headaches for the organizations involved, and huge payouts for their insurers.
The grounding of the Boeing 737 Max is bound to impact aviation insurance markets that are already strained by attritional losses.
Uber’s liability in a self-driving car accident decided; IHOP sexual harassment claims settled; cryptocurrency company faces regulation; and work rumors come under scrutiny.
Coal-fired power plants are leaking pollutants like arsenic, lithium and chromium, and it begs the question, are insurers responsible for spill claims?
GDPR laws on privacy allow for fines of up to 4 percent of global revenue for data breaches, which could cost Facebook $2.2 billion and Google $5.4 billion.
Employers monitoring their employees’ health is fueling a boom in the amount of health information available to insurance companies and employers.
Consumers are increasingly interested in eating organic and understanding the path of their food. One technology making advanced supply chain tracking a reality is blockchain.
With Chinese and Iranian hackers launching aggressive new attacks on businesses and government agencies in the U.S., there are obvious business interruption and data security concerns.
A new report from Morgan Stanley urges businesses to prepare for a world with intense weather events, infectious disease and rising sea levels.
Experts have developed a rating system for a newly studied weather phenomenon called atmospheric rivers — long, narrow collections of water vapor that cause rain and snow.
The number of weather disasters costing $1 billion or more is increasing at an alarming rate.
Businesses will certainly want to insure catastrophe-related crop damage as well as keep supply chain coverage, but that could be difficult to insure as climate change continues its devastating wrath.
Insurers can simply buy analyses from satellite operators, using that information for assess damage or find wrongdoing.
McKinsey & Company took pains to outline the numerous ways that Artificial Intelligence will change commercial insurance.
MIT researchers conclude that machine learning has the potential to create great efficiencies; that goes for its use in insurance too.
Manure used as fertilizer has led to the contamination of drinking water, lacing rural American’s wells with bacteria and nitrates.
With growing risk of concussions and other traumatic brain injury, the football industry is looking at a shrinking pool of insurers willing to underwrite its risks.
AI is poised to take the actionability of data and the accuracy of insurance underwriting to the next level. And that’s a win for everyone.