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In the case of Federated Insurance Co. v. Summit Pharmacy, the Pennsylvania Commonwealth Court challenged the state’s method of calculating pharmaceutical costs in workers’ compensation cases.
Amid escalating financial crime compliance costs, financial institutions grapple with the rise of illicit activities involving cryptocurrencies and AI technologies.
SonicWall’s 2024 report reveals escalating cyber threats, highlighting the critical role of managed service providers in bolstering cybersecurity defenses.
As cyber threats rise, global cyber insurance premiums could hit $23 billion by 2025, and U.S. businesses are expected to shoulder over half of that cost.
The latest industry hiring and promotion announcements, from a new head of cyber risk at Beazley to several leadership changes at World Insurance Associates, and more.
Navigating the volatile cyber insurance market, insurers face a challenging landscape of rapid growth, unpredictable threats, and unsustainable pricing models.
Despite a 43.7% drop in global insurtech funding in 2023, U.S.-based insurtechs saw a 5.5% rise in deal share, indicating a maturing market.
New Jersey broadens workers’ compensation for emergency responders, covering post-shift cardiac events or strokes and easing the proof burden for families to receive benefits.
Technology drives innovation in claims handling while keeping the focus on improving outcomes.
John Glomb assumes the role of chief executive officer at Tokio Marine North America, Inc., PHLY promotes surety claims and underwriting talent and more in this edition of People on the Move.
We sat down with Olivia North-Menthonnex and Arianna Jewell to talk about their experiences with the organization and its impact on their ability to achieve their goals.
Jamie Sahara, founder and president of Applied Underwriters, sat down with Risk & Insurance to discuss the Applied Underwriters Invitational National Finals, an amateur charity golf tournament raising money for over 60 charities.
At National Comp 2023, Risk & Insurance sat down with myMatrixx president Mike Cirillo to discuss the changes affecting the pharmacy benefit manager space.
In conversation, Gallagher Bassett’s Johnny Taylor shares his thoughts on physician dispensing, behavioral health and more.
Aviation’s shift to sustainable fuels will depend on a diverse combination of strategies demanding major investment — including backing by insurance.
A new report from International Suppliers Networld unveils alarming trends in serious injuries and fatalities across key industries, highlighting the urgent need for enhanced safety measures.
New technologies are changing the way adjusters approach claims handling.
The decline in opioid prescribing is reshaping pharmacy costs in workers’ comp, allowing a more diverse range of concerns to come to the fore.
Ongoing inflation, refinancing and insolvency pressures, and geopolitical and ESG issues are some of the headwinds D&Os need to be prepared for.
Insured losses from severe thunderstorms hit a record $60 billion in 2023, contributing to the fourth consecutive year of losses exceeding $100 billion, according to Swiss Re Institute.
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