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The latest people news in the industry today.
A news compilation of the insurance and risk management happenings.
AI and machine learning models gain traction in climate risk assessment, but the insurance industry remains divided on accuracy, a survey by ZestyAI finds.
Employers prioritize mental and physical wellbeing, but employees identify financial wellbeing as their primary concern, A WTW survey finds.
Penn State’s Jared Wise pivoted from a background in commercial lines underwriting to become CRO of one of the Middle Atlantic’s largest educational institutions.
The reinsurance industry soared to new heights in 2023, fueled by investment income, underwriting profits and unrealized capital gains, a new AM Best stated.
ZeroEyes envisions becoming ‘the next smoke alarm’ for gun detection, aiming to be as ubiquitous in security systems as fire prevention measures.
CargoNet’s Q3 2024 report reveals a 14% surge in cargo theft incidents, driven by organized crime groups’ evolving tactics.
Cybersecurity, AI governance, and geopolitical risks emerge as top concerns in Riskonnect’s 2024 New Generation of Risk Survey.
Global business leaders face intensifying risks, with employment risks, reputation risks and regulations among top concerns, a Beazley survey reveals.
California workers’ comp market sees modest premium growth, flattening rates, and evolving loss ratios amid pandemic recovery.
Rising health care costs threaten employer competitiveness and employee wages, but innovative strategies may help mitigate the impact, research by the National Alliance of Healthcare Purchaser Coalitions finds.
Gallagher Re report details how analysis of external scanning data can help insurers better predict claims and differentiate among cyber risks.
M&A activity in the insurance industry stabilizes as a steady supply of sellers meets a diverse buyer landscape, according to to the latest Q3 2024 update from Optis Partners .
NCCI’s State of the Line Report shows workers’ comp insurers are poised for another year of strong financial performance in 2024.
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