Laws & Regulations

Florida Lawmakers Probe AI Fairness in Insurance Industry
Data Analytics Florida Lawmakers Probe AI Fairness in Insurance Industry

In Florida, the rapid integration of artificial intelligence (AI) into the insurance sector has ignited a critical debate among lawmakers, industry leaders, and regulators, who are grappling with the technology's potential to revolutionize operations while posing significant risks to consumer

Why Did a Gasoline Leak Spark a $2.8M Insurance Battle?
Digital Insurance Why Did a Gasoline Leak Spark a $2.8M Insurance Battle?

In a striking turn of events, a historic hotel in Walla Walla, Washington, found itself at the heart of a multimillion-dollar legal clash following a devastating environmental incident. On September 14, 2023, toxic gasoline fumes seeped into the Marcus Whitman Hotel, forcing an immediate evacuation

Are Aviation Insurers Ready for Drone Disruption Risks?
Data Analytics Are Aviation Insurers Ready for Drone Disruption Risks?

Imagine a major European airport grinding to a halt, with thousands of passengers stranded and flights canceled, all because of a tiny, unauthorized drone hovering nearby, as happened at Munich Airport earlier this year. There, 17 flights were canceled and 15 diverted due to drone sightings,

How Does Helmsgate's Lloyd’s Status Boost Waste Insurance?
Data Analytics How Does Helmsgate's Lloyd’s Status Boost Waste Insurance?

Today, we’re thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With years of experience navigating complex sectors, Simon has been instrumental in shaping innovative approaches to underwriting,

NFIP Shutdown Boosts Private Flood Insurers Amid Risks
Regulatory & Compliance NFIP Shutdown Boosts Private Flood Insurers Amid Risks

The National Flood Insurance Program (NFIP), a vital lifeline for millions of Americans in flood-prone areas, finds itself at a standstill due to a federal government shutdown and congressional gridlock, creating significant challenges for homeowners and the housing market. Managed by the Federal

Who Are the Top 5 Ransomware Groups Driving Cyber Attacks?
Regulatory & Compliance Who Are the Top 5 Ransomware Groups Driving Cyber Attacks?

Decoding the Cybercrime Surge: Why Ransomware Demands Attention In an era where digital transformation defines business success, ransomware has emerged as a crippling force, costing global economies billions annually and disrupting operations across industries. Imagine a small business waking up to

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