Risk Management

Lichtenfels Fires Pose Little Risk to German Insurers
Risk Management Lichtenfels Fires Pose Little Risk to German Insurers

The transition from one year to the next is often marked by celebrations that carry an inherent risk of fire and property damage, creating a period of heightened alert for property and casualty insurers who brace for a potential spike in claims. However, the recent New Year’s Eve festivities in the

Four Indicted in $250K Travel Insurance Fraud Scheme
Risk Management Four Indicted in $250K Travel Insurance Fraud Scheme

The promise of travel insurance offers a crucial safety net for globetrotters, designed to provide peace of mind against unforeseen medical emergencies or trip cancellations far from home. However, this system of trust can be systematically exploited, as demonstrated by a recent indictment that has

Are Insurers Ready for the AI Revolution?
Risk Management Are Insurers Ready for the AI Revolution?

The global insurance industry is rapidly approaching a critical inflection point where artificial intelligence is ceasing to be an experimental technology and is instead becoming a foundational pillar of daily operations. The year 2026 marks a significant milestone in this evolution, as AI systems

Why Is Canada Flying Blind on Flood Risk?
Risk Management Why Is Canada Flying Blind on Flood Risk?

As overland flooding increasingly becomes the most common and costly natural disaster facing the country, a critical vulnerability has been exposed: Canada remains the only G7 nation without a comprehensive, publicly accessible national flood mapping system. This glaring deficiency is creating a

What Fueled China's 2025 Insurance Market Rebound?
Risk Management What Fueled China's 2025 Insurance Market Rebound?

The year 2025 proved to be a landmark period for China's insurance asset management industry, which staged a remarkable comeback defined by a powerful synergy of strategic market expansion, decisive policy intervention, and exceptionally strong investment performance. After a period of declining

Can a 5-Year Delay Kill a $10 Million Insurance Claim?
Risk Management Can a 5-Year Delay Kill a $10 Million Insurance Claim?

A staggering $10 million court judgment hangs in the balance, secured by a victim against a wrongdoer with a robust umbrella insurance policy, yet the insurer's refusal to pay has brought the entire matter to a federal appeals court. When the insurer was not notified of the underlying incident

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