The prevalence of wildfires has surged at an alarming rate, presenting an intricate challenge for the insurance industry. As climate change propels these natural disasters to new extremes, insurers face mounting pressure to find robust methods for wildfire risk management. In this analysis, the
In today's complex insurance landscape, indemnity exclusions play a critical role in shaping policy interpretations and resolutions. An Illinois appellate court ruling exemplifies the evolving nature of these exclusions, as seen when ISMIE Mutual Insurance Company was taken to court over a
In the ever-evolving landscape of insurance, Simon Glairy stands out as a leading authority in the fields of risk management and AI-driven risk assessment. With a growing conversation around disparity in life insurance coverage across different demographics, Glairy sheds light on the latest
In recent developments, a high-profile legal case in Florida has taken center stage, addressing the intricate implications of fraud clauses in insurance policies when multiple insured parties are involved. The significance of this case lies not only in its impact on the involved parties but also in
In a world increasingly challenged by stubborn inflation and fluctuating economic conditions, insurance investment managers are leaning toward private assets as a potential safeguard. This trend is underscored by findings from a recent study by Ortec Finance, which explored the strategies of
The Delaware Superior Court recently grappled with a complex legal dispute involving Elutia Inc. and Medtronic Sofamor Danek USA, Inc., centering on a recall of the biologic product FiberCel, a bone matrix alleged to cause tuberculosis in patients. With lawsuits piling up against both entities,
Canada faces a complex and evolving challenge in the form of organized crime, where violent criminal organizations continuously adapt to exploit weaknesses in the system. The recent dismantling of a criminal network by Peel Regional Police serves as a vivid illustration of this challenge. The
The healthcare industry is navigating a significant transformation due to the No Surprises Act, a legislative milestone poised to redefine the operational landscape for insurers. This crucial act, aimed at protecting patients from unexpected medical billing, has become a formidable force,
Simon Glairy, a renowned expert in insurance law and Insurtech, joins us to illuminate the complexities of a recent landmark decision by the South Carolina Supreme Court, with implications for asbestos-related claims and cross-border insurance disputes. With a deep understanding of AI-driven risk
In recent years, artificial intelligence has dramatically impacted various sectors, leaving its mark even in the traditionally cautious insurance industry. Sure’s introduction of Model Context Protocol (MCP) represents a pivotal advancement in how digital insurance operations are managed,
