In a striking turn of events that has captured attention across New Jersey, a prominent insurance brokerage firm founded by South Jersey Democratic power broker George E. Norcross is under intense scrutiny following a critical report from Acting Comptroller Kevin Walsh. The report, detailed in a
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 the ever-evolving world of insurance and reinsurance, few entities are making as significant an impact as Apollo, a London-headquartered platform that’s reshaping the industry’s landscape. Showcased at the prestigious Rendez-Vous de Septembre in Monte Carlo, Apollo’s innovative strategies 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
