Norwegian startup trains AI to predict natural disasters
7Analytics trains AI on diverse data for precise disaster predictions, offering insights and alerts for proactive risk management and enabling targeted insurance premium adjustments. [ more ]
Wildfire Science Gets a Boost from Worried Insurance Companies
The U.S. insurance industry is investigating how wildfires spread through urban areas to better understand and mitigate their impact.
Wildfires are a relatively new major issue for the industry, resulting in less advanced science and data compared to other natural disasters such as hurricanes. [ more ]
CyberUK 24: UK insurance industry gets tough on ransomware | Computer Weekly
A coalition of insurance organizations and the NCSC aims to reduce ransomware payments by UK organizations through better-informed decision-making and support for victims. [ more ]
Major insurer vows increase in California home policies if risk estimation rules change
Insurance companies in California may resume issuing new homeowner policies in response to rule changes allowing them to predict future risks more efficiently. [ more ]
Are brands infringing our rights? Recognize the 4 horsemen of the data apocalypse
Brands are collecting consumer data without consent, leading to consequences like denied insurance or higher premiums.
The digital revolution has expanded data collection methods to include biometrics, neural marketing, IoT, and more technologies beyond web tracking. [ more ]
Work From Home Insurance Jobs: No Degree Needed | Woman's World
The insurance industry offers a wide range of job opportunities, with nearly 6,000 insurance companies in the US and over $1.4 trillion worth of policies sold in 2021.
Many insurance companies have embraced remote work, providing resources and support for work-from-home employees. [ more ]
Following Up With A Litigation Risk Insurance Broker (Part III)
Stephen Kyriacou Jr. believes that the main focus in the litigation and contingent risk insurance market in 2024 will be finding good opportunities for clients to insure their litigation risks.
He predicts continued growth in the market, with increased deal flow, more investment from insurers, and a wider variety of primary and/or lead insurers participating in deals. [ more ]
Smog obscures Dubai skyline on 'Health' day at COP28 climate summit
Dubai experienced a blanket of smog during the COP28 summit, bringing attention to air quality and the impacts of climate change.
Hillary Clinton called for reform in the insurance industry, as companies withdraw assistance against climate shocks and pose challenges to lower-income countries. [ more ]