Recent legal developments in California have put a spotlight on the practices of two dozen prominent insurance companies amid growing concerns over disaster-prone areas, specifically those susceptible to wildfires. Lawsuits filed in Los Angeles accuse these insurers of colluding to curtail coverage
In recent years, the property insurance industry has faced unprecedented challenges, with catastrophic events occurring more frequently and with greater severity. Natural disasters such as hurricanes, wildfires, and convective storms have wreaked havoc across the globe, inflicting significant
In recent years, technological advancements within wearable devices have steadily progressed, particularly with the integration of Global Navigation Satellite System (GNSS) capabilities. Wearable technology, such as smartwatches and fitness trackers, has consistently faced the challenge of
The persistent expansion of the global insurance market is marked by impressive growth in premium volumes as evolving financial landscapes spur increased demand for diverse products. Notably, the market continues to grow robustly, with an estimated increase of +8.6% forecast for 2025, building on a
Simon Glairy is a distinguished expert in the fields of insurance and Insurtech, notably specializing in risk management and AI-driven risk assessments. With a deep understanding of the challenges facing modern businesses, Simon provides insights on how interconnected trends are reshaping the
Rising insurance premiums have become a significant burden for businesses, particularly those in the hospitality sector, such as bars and restaurants that sell alcohol. The escalating costs have been driven by a shrinking pool of insurers and a surge in liability claims, prompting South Carolina to
The insurance industry today grapples with an unprecedented challenge as Artificial Intelligence (AI) continues to redefine the business landscape, introducing novel risks alongside transformative potentials. New vulnerabilities associated with AI have compelled insurers to rethink their
In a rapidly evolving financial landscape, young adults today are increasingly conscious of the need for life insurance as part of comprehensive financial planning. With the insurance market offering myriad options, identifying policies that align with individual needs becomes paramount. For young
In a rapidly changing industry, Simon Glairy stands out as a leading expert in insurance law and technology. With particular expertise in AI-driven risk management, Glairy offers a unique perspective on the challenges and opportunities AI presents to the insurance sector. In this insightful
Telematics insurance is gaining traction as drivers seek to save money on their premiums by using technology that tracks driving behavior. This approach allows insurers to assess risk more accurately and offer discounts to those who demonstrate safe driving habits. Though the potential savings
