August 8, 2024
A new report from Swiss Re (“Tech-tonic Shifts: How AI could change industry risk landscapes”) studies the risk posed by AI to ten major industries. It also identifies the opportunities for insurers to help clients mitigate these risks.
April 25, 2024
“Generative AI value-creation opportunities abound across the insurance value chain,” according to a new report by Deloitte.
April 11, 2024
Surety premiums are only about one percent of property/casualty premiums ($769.3 billion in 2022), but sureties play a critical role in our economy.
March 21, 2024
Documented strategic cargo theft events increased 430% year-over-year in 2023, according to CargoNet, a cargo industry publication.
March 7, 2024
The growing number of electric vehicles on the road that weigh 20 to 50 percent more than gasoline powered vehicles has engineers at Nebraska’s Midwest Roadside Safety Facility and the Army Corps of Engineers concerned. The extra weight, due to the batteries they carry, means that existing highway guardrails may not be effective at stopping these vehicles.
February 22, 2024
Extreme weather events, fires and explosions, geopolitical risks, ransomware attacks and the Covid-19 pandemic have all tested global supply chains in recent years.
February 8, 2024
According to a just released survey by an international brokerage and financial services firm, many organizations are unjustifiably confident of their risk management strategy.
January 25, 2024
According to a study by Embroker, 75% of employees admit to stealing at least once from their employer. The study also reports that internal theft can cost U.S. businesses up to $50 billion a year.
January 11, 2024
Enterprise risk management (ERM) is a methodology that looks at risk management strategically from the perspective of the entire firm or organization.
December 14, 2023
Combined U.S. personal and commercial auto insurer liability claim payouts were $96 billion to $105 billion higher between 2013 and 2022.
