Insurance News: The heat is on—from climate change to claims

Introduction Insurance News: The heat is on—from climate change to claims Climate change has become an increasingly pressing issue in recent years, and its impact on the insurance industry cannot be ignored. As extreme weather events become more frequent and severe, insurance companies are facing a surge in claims related to property damage, crop loss, … Read more

Generative AI reveals 6 insurance industry innovation trends

The Impact of Climate Change on Insurance Claims Climate change is a pressing issue that affects various aspects of our lives, including the insurance industry. As temperatures rise and extreme weather events become more frequent, insurance companies are facing an increasing number of claims related to climate change. This article will explore the impact of … Read more

The inclusive insurance opportunity

Introduction The inclusive insurance opportunity refers to the potential for expanding access to insurance products and services to underserved populations, particularly those in low-income and developing regions. This opportunity recognizes the importance of providing affordable and accessible insurance solutions to individuals and communities who have traditionally been excluded from the insurance market. By addressing the … Read more

Danny Worker to Join Munich Insurance Panel on Combatting Legal System Abuse

Introduction Danny Worker is a highly experienced professional who has been invited to join the Munich Insurance Panel on Combatting Legal System Abuse. With a strong background in law and a deep understanding of the complexities surrounding legal system abuse, Danny brings valuable expertise to the panel. His extensive knowledge and dedication to promoting justice … Read more

Life insurance ecosystems ignite innovation

Introduction Life insurance ecosystems ignite innovation by creating a collaborative and interconnected environment for various stakeholders in the industry. These ecosystems bring together insurance companies, technology providers, startups, and other relevant players to drive innovation and enhance the overall customer experience. By leveraging emerging technologies such as artificial intelligence, blockchain, and data analytics, life insurance … Read more

Auto Insurer Properly Denied Liability Coverage Where Insured Operated a “Non-Owned” Auto Furnished for Insured’s Regular Use

Introduction In certain cases, auto insurers may properly deny liability coverage when the insured operates a “non-owned” auto that is furnished for their regular use. This means that if an insured individual is using a vehicle that they do not own but have regular access to, their auto insurer may deny liability coverage for any … Read more

Insurer’s Mistake in Treating Non-Resident Relative as an Insured Under UM Coverage Of Umbrella Policy Did Not Create Coverage by Estoppel

Introduction An insurer’s mistake in treating a non-resident relative as an insured under the uninsured/underinsured motorist (UM) coverage of an umbrella policy did not create coverage by estoppel. Insurer’s Mistake in Treating Non-Resident Relative as an Insured Insurer’s Mistake in Treating Non-Resident Relative as an Insured Under UM Coverage Of Umbrella Policy Did Not Create … Read more

Insurance News: The heat is on—from climate change to claims

Introduction Insurance News: The heat is on—from climate change to claims Climate change has become an increasingly pressing issue in recent years, and its impact on the insurance industry cannot be ignored. As extreme weather events become more frequent and severe, insurance companies are facing a surge in claims related to property damage, crop loss, … Read more