The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.

Regulatory demands for plain language drive life insurers to adopt generative AI tools to improve customer communications and ensure clarity and compliance.

U.S. Commerce Secretary Gina Raimondo announces strategic vision for AI safety and plans for a global network of AI Safety Institutes, emphasizing international cooperation to mitigate AI risks.

Leveraging diverse data sources and advanced computing power is transforming flood insurance, making it a viable option for private insurers and improving coverage accuracy and affordability.

In the two decades since Florida’s devastating 2004 hurricane season, insurers have significantly improved their response strategies and technology, enhancing preparedness and resilience against future storms.

Industry experts discuss how generative AI can address challenges in training and retaining underwriters amid shifting expectations and rapid digital changes.

Arctic Wolf’s 2024 Threat Report reveals a 20% increase in ransom demands and a rise in ransomware attacks, highlighting the need for stronger cybersecurity measures.

Climate change is set to significantly affect healthcare delivery, increasing utilization and costs while disrupting supply chains. Payers must develop comprehensive strategies to address these challenges and ensure sustainable operations.

Insurance industry must transition to customer-centric ecosystems for future success.

Gallagher Re and Oxford University partner to analyze supply chain chokepoints impacting the re/insurance sector.

Berkeley-based AI firm Lovo faces a class action lawsuit from voice actors Paul Lehrman and Linnea Sage, who allege their voices were used without permission for the company’s AI generator, Genny.

The rise of AI and large language models is revolutionizing workplaces across industries, necessitating advanced safety measures and worker reskilling to prevent job displacement and injuries.

NOAA renews its partnership with Colorado State University through a $308 million grant, supporting the Cooperative Institute for Research in the Atmosphere (CIRA) for advanced weather and climate research and forecasting.

Spotify faces allegations from the National Music Publishers Association (NMPA) for unlicensed use of lyrics and music in its video function, podcasts, and remix feature, which the streaming giant vehemently denies.

The 2024 State of the Nation Recall Index report by Sedgwick highlights key trends, statistics, and predictions in product recalls across US industries, including pharmaceuticals, consumer products, automotive, medical devices, and food and drink.