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Chubb Chairman and CEO Evan Greenberg delivered the Tuesday morning keynote at RIMS RISKWORLD in San Diego.
Financial losses from these cybercrimes increased from $3.5 billion in 2019 to $12.5 billion in 2023.
AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.
The Lone Star State also faced massive wildfires earlier this year after record-breaking losses in 2023.
Nearly half of personal auto insurance policyholders are shopping around for lower rates and better coverages.
The increased utilization of AI will improve efficiencies in routine tasks, but it does not eliminate the need for human oversight.
AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.
Consolidation in the health care industry is among the challenges facing the medical professional liability sector.
Insurance technology news from Bold Penguin, Neptune Flood, Cytora and more.
Legacy technology at Change Healthcare was missing multifactor authentication, giving cybercriminals an easy way in.