The United States legal system is facing an unprecedented challenge with the rise of "nuclear verdicts"—jury awards in civil litigation that frequently reach tens or hundreds of millions of dollars, placing an extraordinary burden on insurers, corporations, and defense teams alike. Last year, a
Digital Disruption in Insurance: Setting the Stage The insurance industry in the UK finds itself at a critical juncture, where the rush to adopt digital solutions is both a competitive necessity and a daunting challenge, reflecting a sector in the midst of transformation. Imagine a field where
In the ever-shifting landscape of the property and casualty (P&C) insurance sector, where companies grapple with unpredictable market cycles and external pressures, one name has emerged as a standout performer in the second quarter. The P&C industry, tasked with safeguarding individuals and
In the heart of Vermont, where rolling hills meet the harsh realities of a deepening health care affordability crisis, the annual budget hearings for 14 hospitals have captured widespread attention, marking a critical juncture for a state burdened by the nation’s highest health insurance premiums.
At the University of Vermont (UVM), a storm of controversy has erupted as over 2,500 unionized faculty and staff members rally against a health insurance audit conducted by a third-party firm, Willis Towers Watson. On August 14, members of UVM Staff United, United Academics, and United Electrical
What happens when a catastrophic explosion not only shatters a petrochemical facility but also ignites a legal firestorm over millions in losses? In the heart of Texas, a devastating incident at a TPC Group plant on November 27, 2019, did just that, leaving Indorama Ventures Holdings LP grappling
Unveiling a Transformative Shift in Insurance Technology In a landscape where digital transformation dictates the pace of growth, the insurance technology sector has witnessed a seismic event with the $2.5 billion acquisition of Sapiens International Corporation N.V. by Advent, a global private
I'm thrilled to sit down with Simon Glairy, a leading authority in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With the recent buzz around the Trump administration’s proposed rule changes for drone operations, Simon is the perfect person to help us
In a landscape where public sector insurance programs face mounting pressures from rising healthcare costs and evolving employee needs, the Group Insurance Board (GIB) has taken decisive steps to address these challenges head-on. During a recent meeting, the Board delved into the intricacies of the
The aviation industry stands as a pillar of modern innovation, connecting the world through intricate networks of technology and precision, yet it remains one of the most unforgiving sectors when it comes to errors or oversights. A single misstep in the design, manufacturing, or maintenance of
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