Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs’ lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing the list of potential… Read more
Despite the promise of artificial intelligence and other technology to improve and speed the insurance process, property claims face delays and growing complexity, according to a new report that also shows claims costs are under… Read more
Banking regulators are stepping up efforts to contain growing AI risks, six people familiar with the matter said, with some pointing to the potential for cyberattacks on banks or rogue agents undermining global financial stability.… Read more
Despite the promise of artificial intelligence and other technology to improve and speed the insurance process, property claims face delays and growing complexity, according to a new report that also shows claims costs are under… Read more
Axa SA expects to lose its distribution partnership with Banca Monte dei Paschi di Siena SpA next year, potentially putting the insurer on the losing side of the deals wave washing across Italian finance. Axa’s… Read more
The North Carolina Court of Appeals last week reinforced long-debated exceptions to the exclusive remedy of the workers’ compensation system in two high-profile cases that could prove costly for employers and insurers. In the first… Read more
The commercial cyber insurance market is strong and growing, but small to midsize businesses may be falling behind as cybercriminals ramp up AI efforts. “Cyber threats are evolving faster than many businesses can adapt, creating… Read more
Higginbotham announced it has grown its transportation specialty practice into a full division. The 31-person division brings 372 combined years of transportation insurance experience and greater capacity to address increasingly complex transportation risks. “Transportation insurance… Read more