A California verdict signals a shift from content-based claims to design-based liability, reshaping insurance exposure across industries, according to Lockton.
AI-related incidents rose approximately 50% year over year from 2022 to 2024, and exposure is building across multiple insurance lines, according to WTW’s Willis Research Network.
Construction costs for a single data center location can exceed $20 billion — double once technology is installed — creating concentration exposures in catastrophe-prone areas, according to Swiss Re Institute.
As AI reshapes the competitive landscape, technology companies are pursuing bigger acquisitions despite declining deal volume, with blockbuster transactions exceeding $30 billion becoming the new normal.
Thanks to increasingly affordable smart sensors and connected home technology, insurers can now help policyholders prevent many of the most costly and disruptive types of damage before they occur.
At National Comp 2025, experts shared their experience in breaking down the silos within workers’ comp in order to collaborate and innovate solutions that can match the booming growth and introduction of new technology.
Construction spending projected between $3 trillion and $7 trillion globally by 2029-2030 is fueling rapid expansion in data center infrastructure: Allianz Commercial.
A five-year partnership between Nationwide Insurance and KINETIC Technology is helping reduce workplace injuries through wearable sensors, with the Mid-Ohio Food Collective serving as a successful implementation case study that demonstrates how smart technology can improve worker safety in physically demanding environments.
With huge potential to change businesses as we know them, generative AI promises to cut costs and give companies a competitive edge. But implementation requires a detailed review of AI’s equally powerful risks.