Today's Headlines | January 14, 2022 |
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Never before, or at least never in the modern era, has the world witnessed such an extraordinary level of risk and uncertainty. Although a cursory look at the news confirms this, in-depth surveys like the 2021 State of Risk Oversight Report from North Carolina State University show that 67 percent of organizations across the board... read more | | |
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"Cybersecurity failure" was identified as a critical short-and-medium-term threat to the world by respondents of the World Economic Forum's Global Risks Perception Survey (GRPS). GRPS respondents rank "cybersecurity failure" among the top-10 risks that have worsened most since the start of the COVID-19 crisis, said the report, explaining that the rapid digitalization in advanced economies... read more | | |
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The Internet of Things (IoT) is expanding exponentially, with connected devices permeating our personal and work lives and, increasingly, making homes smarter and safer. The rise of the smart home is critical for insurance carriers, who realize the benefit of having accurate, real-time data from ...read more |
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The cost of settling workplace class action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would decrease the size and reduce the number of payouts, according to a new report by the Seyfarth Shaw law firm in Chicago. "The plaintiffs' bar capitalized on a recovering economy and aligned priorities with... read more | | |
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The United States staggered through a steady onslaught of deadly billion-dollar weather and climate disasters in an extra hot 2021 while the nation's greenhouse gas emissions jumped 6 percent because of surges in coal and long-haul trucking, putting America further behind its 2030 climate change goal. Three different reports released Monday, though not directly connected,... read more | | |
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SPONSORED BY: Verisk Entering 2022, we expect insurers will focus on belt-tightening and streamlining operations through creative solutions. Verisk recently held a webinar on improving personal auto insurance performance, featuring strategies to drive efficiencies in underwriting. Here are a few highlights from the event... read more |
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A divided U.S. Supreme Court blocked the centerpiece of President Joe Biden's push to get more people vaccinated amid a COVID-19 surge, rejecting an Occupational Safety and Health Administration rule that would have required 80 million workers to get shots or periodic tests. The court let a separate rule take effect requiring shots for workers... read more | | |
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Chubb Limited has made several appointments to its executive team. Julie Dillman has been appointed executive vice president, Chubb Group and Digital Transformation Officer. She will partner and work closely with Chubb's chief digital business officer, Sean Ringsted, and the company's senior business executives to lead the company's transformation. Dillman was previously senior VP, Chubb... read more | | |
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Companies need to rehumanize the way they think about work, says a new report from Bain & Company, which found that 58 percent of workers across 10 major economies feel the pandemic has forced them to rethink the balance between work and their personal lives. "Much of the prevailing thinking about the relationship between workers... read more | | |
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| Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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| Effective distribution is essential to carrier success, especially as the ... read more | |
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| Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ... read more | |
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| The home improvement boom was an unexpected risk for the P&C insurance ... read more | |
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| "Managing agent licensing is a business-critical function for insurers and ... read more | |
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