Special Coverage: COVID-19

My 4 Favorite Buffett-isms

Posted: May 05, 2025

My 4 Favorite Buffett-isms PaulCarroll Mon, 05/05/2025 - 19:31 I had the briefest of interactions with Warren Buffett -- and he nailed it. When an authorized biography of him was published in 2008, I wrote a very favorable review for the Wall Street Journal. This was just weeks...

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What’s Driving The Rise in E&O Claims and What Can Your Agency Do to Prevent One?

Posted: May 01, 2025

​A COVID-19 hangover. The hard market. The movement of policies from the admitted market to excess & surplus lines. Whether a single factor or a combination is to blame, one thing is certain: Errors & omissions claims are on the rise.

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The Dangers of Dabbling: E&O Risks for Venturing Outside Your Expertise

Posted: May 01, 2025

​A COVID-19 hangover. The hard market. The movement of policies from the admitted market to excess & surplus lines. Whether a single factor or a combination is to blame, one thing is certain: Errors & omissions claims are on the rise.

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May 2025 ITL FOCUS: Customer Experience

Posted: May 01, 2025

May 2025 ITL FOCUS: Customer Experience Customer Experience sradomski Thu, 05/01/2025 - 10:19 ITL FOCUS is a monthly initiative featuring topics related to innovation in risk management and insurance. May 1, 2025...

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COVID-19 Infection Compensable for Essential Utility Worker

Posted: Apr 28, 2025

The Massachusetts Supreme Judicial Court ruled that a man who contracted COVID-19 while working as a utility lineman was entitled to receive workers' compensation benefits. The post COVID-19 Infection Compensable for Essential Utility Worker appeared first on Risk & Insurance.

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Agentic AI Will Transform Business

Posted: Apr 18, 2025

Agentic AI Will Transform Business AI & Machine Learning ITL Editorial Team Fri, 04/18/2025 - 23:23 Agentic AI revolutionizes enterprise operations by enabling autonomous, adaptive systems that transform business processes across industries...

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Massachusetts High Court Upholds COVID Workers’ Comp for Essential Worker

Posted: Apr 16, 2025

An insurer erred in denying workers’ compensation benefits to a utility worker who contracted COVID-19 while on the job, a job the state had deemed as “essential” during the pandemic. The insurer had denied the claim on the basis that …

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Massachusetts High Court Upholds Workers’ Comp for Utility Worker’s COVID

Posted: Apr 16, 2025

An insurer erred in denying workers’ compensation benefits to a utility worker who contracted COVID-19 while on the job, a job the state had deemed as “essential” during the pandemic. The insurer had denied the claim on the basis that …

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U.S. Road Deaths Drop Below 40,000, First Time Since COVID

Posted: Apr 09, 2025

U.S. Road Deaths Drop Below 40,000, First Time Since COVID A projected 39,345 people died in U.S. traffic crashes in 2024, according to the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA). The figure represents a ...

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Insurers Invest in Esoteric Asset-Backed Securities

Posted: Apr 01, 2025

Insurers Invest in Esoteric Asset-Backed Securities Operational Efficiency ITL Editorial Team Tue, 04/01/2025 - 19:07 Demand is high for bundles of assets like music royalties, timeshare loans, and leases for aircraft and data center space.&nbs...

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The ‘Answer Economy’ Changes Everything

Posted: Apr 01, 2025

The ‘Answer Economy’ Changes Everything AI & Machine Learning sradomski Tue, 04/01/2025 - 11:13 AI is becoming the new purchase funnel. Either you're in the response to a search the AI prepared or you're not, and most of the time, you're no...

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What Trump's Tariffs Could Do to Insurers

Posted: Mar 18, 2025

What Trump's Tariffs Could Do to Insurers Regulation & Public Policy sradomski Tue, 03/18/2025 - 15:58 Michel Léonard, the Triple-I's chief economist, remains an optimist on the U.S. economy but warns that "we're in an environment of extrao...

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Florida Grand Jury Finds No Criminal Activity With COVID Vaccine Development

Posted: Jan 09, 2025

TALLAHASSEE, Fla. (AP) — A statewide grand jury convened at the request of Florida Gov. Ron DeSantis to investigate “any and all wrongdoing” concerning COVID-19 vaccines did not find any evidence of criminal activity, according to a report unsealed on …

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Rising US Auto Insurance Rates Are Disproportionately Hurting Classic Car Owners:

Posted: Jan 08, 2025

The Meteoric Rise in U.S. Auto Insurance Rates is Being Subsidized by Collector Car Owners According to Classic & Collector Insurer OpenRoad Standard auto insurers continue their efforts to recover from the unprecedented losses they experienced during COVID-19 due to …

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A New Approach to Innovation in Insurance Claims

Posted: Dec 30, 2024

A New Approach to Innovation in Insurance Claims Claims sradomski Mon, 12/30/2024 - 16:55 Insurance claims operations are going through massive change -- but maybe not how you think. Yes, technology is key, but so is a new discipline. ...

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Germany’s BioNTech Settles With US Agency, UPenn Over COVID Vaccine Royalties

Posted: Dec 27, 2024

BioNTech has entered into two separate settlement agreements with the U.S. National Institutes of Health and the University of Pennsylvania over the payment of royalties related to its COVID-19 vaccine, the company said in filings. The German company, which partners …

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California Labor Commissioner Fines Luxury Resort $4.4M for Worker Recall violations

Posted: Dec 23, 2024

The Labor Commissioner’s Office fined the Maybourne Beverly Hills $4.4 million for violating California’s Worker Recall Law. The LCO issued the fine in response to the a luxury resort’s failure to rehire employees who were laid off during the COVID-19 …

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California Labor Commissioner Fines Luxury Resort $4.4M for Worker Recall Violations

Posted: Dec 23, 2024

The Labor Commissioner’s Office fined the Maybourne Beverly Hills $4.4 million for violating California’s Worker Recall Law. The LCO issued the fine in response to the a luxury resort’s failure to rehire employees who were laid off during the COVID-19 …

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