President Trump was sworn in for a second term the morning of January 20, and he spent the rest of that day setting a record for the most ever Day 1 executive actions. Among those Day 1 executive actions (and …
In today’s world of interconnected computer-based information systems, cyber risk has become one of the critical risk factors impacting organizations. Indeed, several studies have shown that cyber risk (for exmaple, the probability of being the victim of a successful cyber-attack) …
Driven by technological advancements, evolving workplace dynamics, and an ever-changing regulatory environment, significant shifts have emerged in how workers’ compensation claims are managed. The pace of change is unlikely to slow, prompting the need for adaptation in claims handling processes. …
The year 2024 will be remembered as a defining moment in the history of weather-related catastrophes. From unprecedented heat waves to catastrophic floods, the world witnessed the devastating effects of extreme weather patterns that left no corner of the globe …
The American workplace is undergoing dramatic change from opposite directions: As futuristic innovations such as artificial intelligence permeate operations, our oldest human employees are occupying a greater share of jobs. This dynamic could provide a wonderful combination of new technology …
As the U.S. working population ages, more workers are becoming eligible for Medicare every year. According to the Centers for Medicare & Medicaid Services (CMS), there are 67.7 million Medicare beneficiaries. In 2023, there were 2.6 million work-related injuries, according …
Over the last few years, we have seen a dramatic increase in the frequency and severity of natural disasters, notably flood and wildfire loss events. The majority of research findings to date indicate that weather-related natural disasters are already being …
Even though hurricane season 2024 has passed, claims professionals are still hard at work processing claims and damages in the aftermath of hurricanes Helene and Milton. Insurers expect to see an influx of activity in Appraisals Under Policy disputes this …
The auto insurance industry has weathered its share of storms in recent years. Despite fewer claims in early 2024, carriers still face headwinds when it comes to vehicle complexity and its effect on severity and cycle time. Following are the …
Battery power is set to gradually replace diesel-fueled generators on many U.K. train routes as the rail industry seeks to cut greenhouse gas emissions and reduce toxic pollutants. Some locomotive manufacturers are reportedly trialing lithium-ion batteries, but there are concerns …