Imagine a quiet manufacturing facility in Faribault, Minnesota, suddenly engulfed in flames due to a piece of equipment meant to streamline operations, leading to significant financial loss. On February 9, 2024, a fire at Trystar’s plant, traced to a CET Color UV flatbed printer, caused damages
Welcome to an insightful conversation with Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. Today, we dive into a high-profile lawsuit in Miami involving Zurich American Insurance Company and forced-placed builder’s risk
In the vibrant landscape of Florida, where small businesses fuel innovation and families strive for stability, access to affordable health insurance through the federal marketplace stands as a linchpin for both personal security and economic growth. With millions of Floridians relying on this
Searing Realities: The Escalating Wildfire Challenge In the heart of the Iberian Peninsula, the landscapes of Spain and Portugal have been transformed into battlegrounds against relentless wildfires this year, with over 640,000 hectares reduced to ash. This staggering loss, equivalent to four times
In the wake of devastating hurricanes that have battered Florida’s coastlines, the state’s property insurance industry finds itself under intense scrutiny, with recent regulatory actions exposing deep-rooted issues that have left countless homeowners in distress. State regulators have imposed fines
In a striking display of market confidence, Guidewire Software, a leading provider of software solutions for the insurance industry, has captured significant attention with a remarkable 17.3% surge in its stock price during the morning session following the release of its second-quarter financial
