Risk Assessment

Insurer Faces Bad Faith Lawsuit Over $1.8M Storm Claim Denial
Regulatory & Compliance Insurer Faces Bad Faith Lawsuit Over $1.8M Storm Claim Denial

Unveiling the Stakes: Insurance Industry Under Scrutiny In the volatile landscape of 2025, the insurance sector faces mounting pressure as natural disasters intensify, leaving insurers and policyholders locked in high-stakes battles over catastrophic claims. A striking example emerges from Hope,

Michigan Bill Mandates Insurance Agent Role Disclosure
Regulatory & Compliance Michigan Bill Mandates Insurance Agent Role Disclosure

What happens when the person helping you choose an insurance policy isn’t clear about whose interests they’re protecting? In Michigan, a staggering number of consumers—estimated at over 60% in a recent state survey—admit to feeling uncertain about whether their agent represents them or the

Socotra Unveils MCP Server for Secure AI Insurance Integration
Technology & Trends Socotra Unveils MCP Server for Secure AI Insurance Integration

Imagine a world where insurance processes, often bogged down by manual tasks and complex regulations, are transformed by cutting-edge technology that automates workflows with precision and security. This vision is becoming a reality as Socotra introduces its groundbreaking Model Context Protocol

How Are AI and Data Analytics Transforming Workers' Comp?
Technology & Trends How Are AI and Data Analytics Transforming Workers' Comp?

I'm thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, particularly in the realms of risk management and AI-driven risk assessment. With years of experience under his belt, Simon has been at the forefront of integrating cutting-edge technologies like data

US Homeowners Insurance Premiums Soar to $3,000 Amid Climate Crisis
Insurance US Homeowners Insurance Premiums Soar to $3,000 Amid Climate Crisis

The landscape of American homeownership is undergoing a dramatic transformation as homeowners insurance premiums have skyrocketed to an average of nearly $3,000 annually for single-family homes across the United States. This unprecedented surge, driven by the escalating impacts of climate change

How Will DUAL Europe Transform Cargo Insurance in 2025?
Insurance How Will DUAL Europe Transform Cargo Insurance in 2025?

In an era where global trade faces unprecedented challenges, from supply chain disruptions to geopolitical uncertainties, the cargo insurance sector stands at a critical juncture, demanding innovative solutions to safeguard goods in transit. DUAL Europe, a key player in the insurance industry, has

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