What if a single misstep in managing insurance claims could cost a company millions, shaking its financial foundation overnight? In today's high-stakes insurance landscape, executives grapple with unpredictable challenges like social inflation and inconsistent reserving practices that threaten
In the heart of Queensland, the city of Logan is grappling with a storm of a different kind as the Logan City Council rolls out new flood risk maps under a draft town plan mandated by the state government. These maps, designed to bolster preparedness against future flooding disasters in a region
Artificial intelligence (AI) is rapidly changing the landscape of the insurance industry, particularly in the essential areas of underwriting and claims processing, where efficiency and accuracy are paramount. This cutting-edge technology is redefining how vast datasets are analyzed, risks are
In a landmark decision that has sent ripples through the insurance industry, the First Circuit Court of Appeals has issued a ruling that fundamentally alters the obligations of insurers under commercial general liability (CGL) policies, especially in the context of class action lawsuits. This
In a surprising turn of events, the homeowners insurance industry has managed to bolster profitability despite facing an unprecedented surge in losses from natural disasters, intensified by climate change and urban expansion into high-risk areas. As insurers grapple with staggering financial
What happens when a nation of over 270 million people sets its sights on a greener future, but the road to electric vehicle (EV) adoption is paved with uncertainty? In Indonesia, where bustling cities and sprawling islands are embracing sustainable transport, the surge in EV popularity brings
