Guidelines introduced in New York outline how life insurers can look to social media to assess risk — and it likely won’t be long before similar strategies are applied to other types of insurance, too.
News that Purdue is exploring filing for Chapter 11 bankruptcy suggests the company might be trying to avoid financial liability in opioid-related suits.
Connecting discreet risk information throughout the business and making sense of it is a difficult task, but corporate insurance and risk management functions have innate skills to lead the charge.
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.
2019 Executive to Watch Tom Warsop gives his take on the opportunities and challenges created by rapid technological change and the industry’s looming talent shortage.
The failed Amazon-New York deal could act as a big risk management lesson on opportunity costs, as well as the importance of reviewing the big picture.
Michael Cohen’s testimony before Congress included an accusation that Trump inflated assets to insurers. But it’s unclear whether such misstatements constitute insurance fraud.