Disruptive technology, war, and climate change top the list of emerging risks keeping risk managers up at night, according to a recent survey conducted by the Society of Actuaries and the Casualty Actuarial Society.
“One of the biggest challenges we face in the energy transformation is increasing our expertise in the new technologies that come with it … Learning about the risks and specificities of these new technologies is crucial for both the industry and its insurers.”
When it comes to artificial intelligence’s use of intellectual property and personal identifiable information, the technology may be new but the underlying legal and risk management principles that govern it are not.
The number of filings in most trend categories is on pace to decline in 2024, except for AI and COVID-19-related filings, which are on pace to increase, the report finds.
Global insurtech funding rebounded in Q2 2024, driven by larger deal sizes despite a decline in overall deal count, according to Gallagher Re’s quarterly analysis.
Rising health care costs challenge employers to adopt innovative strategies for managing expenses and supporting employee well-being, according to a Gallagher report.
A new report by Milliman estimates that PFAS remediation costs for U.S. water districts could reach as high as $175 billion, helping companies and insurers quantify the potential exposure.
“The unknowns of legal system abuse are a significant stressor for businesses. No one wants to find their name on a billboard or news cover, putting themselves, their employees or their investors in that position.”
Ronda McCarthy, Lisa M. Figueroa and Latha Brubaker share their experiences and insights into the field of occupational and environmental medicine, discussing the challenges and rewards of their work, and the importance of leadership in the field.