Risk Management

Why Are NYSC Members’ Welfare Claims Still Unpaid by INEC?
Risk Management Why Are NYSC Members’ Welfare Claims Still Unpaid by INEC?

In the heart of Nigeria’s democratic process, National Youth Service Corps (NYSC) members stand as vital cogs, ensuring the smooth operation of elections as ad-hoc staff under the Independent National Electoral Commission (INEC). Despite their indispensable role at polling units across the nation,

Why Do Fraudulent Insurance Claims Exceed £1 Billion Yearly?
Risk Management Why Do Fraudulent Insurance Claims Exceed £1 Billion Yearly?

Every year, the United States faces an overwhelming financial challenge as fraudulent insurance claims soar past the $1.5 billion mark, hitting a staggering $1.74 billion in 2024, according to data from the Insurance Information Institute (III). This isn’t just a statistic—it’s a pervasive issue

Data Drives the Future of Insurance in Digital Ecosystems
Risk Management Data Drives the Future of Insurance in Digital Ecosystems

In an era where technology reshapes every facet of business, the insurance industry stands at a pivotal crossroads, with data emerging as the transformative force propelling it into uncharted territory of innovation and customer connection. Far from being a mere operational byproduct, data has

Insurers Praise Ottawa's Trucking Fraud Crackdown, Urge More
Risk Management Insurers Praise Ottawa's Trucking Fraud Crackdown, Urge More

In a landscape where commercial trucking forms the backbone of Canada’s economy, the persistent shadow of fraudulent practices has long threatened both road safety and insurance affordability, casting a heavy burden on law-abiding businesses and policyholders alike. The Canadian property and

Specialty Insurance Market Set to Reach $215.8B by 2030
Risk Management Specialty Insurance Market Set to Reach $215.8B by 2030

The specialty insurance market is emerging as a crucial safeguard in an era where traditional policies fall short against the backdrop of increasingly complex and unique risks facing businesses and individuals today. From disruptions in global supply chains to the devastating impacts of

GEICO Faces $69.7M Lawsuit Over Unpaid Taxes and Penalties
Risk Management GEICO Faces $69.7M Lawsuit Over Unpaid Taxes and Penalties

In a legal showdown that has sent ripples through the insurance sector, GEICO Group insurers are embroiled in a federal lawsuit brought by the Municipal Association of South Carolina, with claims of unpaid municipal business license taxes and penalties amounting to a staggering $69.7 million. This

Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later