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Risk mitigation is no longer the cherry on top but the key ingredient to securing insurance.
As this type of litigation continues to evolve, insurance companies are keeping close tabs on the situation.
Executives at ILTA Evolve 2024 discuss cybersecurity issues, generative AI, cyber insurance challenges and more.
The rule, which goes into effect in 2029, is expected to save at least 360 lives and prevent at least 24,000 injuries annually.
The transportation department's updated rules will provide automatic refunds for canceled and significantly delayed flights.
The renters insurance market was worth around $4.5 billion in 2023.
Global air passenger volume will surpass pre-pandemic levels in 2024, Airports Council International (ACI) predicts.
Overall, the fatality rate dropped to 1.26 fatal crashes per 100 million vehicle miles traveled, down from 1.33 fatalities in 2022.
Higher costs for live events coupled with risk-averse consumers mean ticketing platforms are eager for insurance partners.
The plaintiffs intend to file a bad-faith suit in the case after their insurance company repeatedly refused to tender its policy until shortly before trial.