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The cyber insurance market is forecast to grow to $22.5 billion by 2025 as a result of increased cybercrime.
The way companies handle workers' compensation is not just about compliance; it speaks volumes about their culture.
For now, the onus is on insurers and insurtech companies to ensure AI does not cross ethical boundaries.
Greenbaum reflects on the digital transformation of insurance after four decades in the industry.
The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.
The nomination deadline is looming for the 2024 Workers' Comp Risk Management Award for Excellence.
Restitution would be easier for consumers without the need to go to court and engage in litigation with a contractor.
Crawford & Co. leaders foresee significant insurtech development this year, largely driven by catastrophe costs.
The certified insurance service representative designation was designed as an intermediate-level program for customer service representatives.
Challenges specific to P&C commercial programs require a higher degree of understanding and expertise.