Industry Roundup: Long-Term Liability From ‘Take-Home’ COVID-19 Lawsuits; Keys to Securing Your Computer Network and Insurance Data; Stay Home or Go to Work Sick? Omicron Poses a Conundrum

​​Employers Fear Long-Term Liability From 'Take-Home' COVID-19 LawsuitsAs COVID-19 cases surge in the United States, businesses say they fear a California court ruling has increased the likelihood that companies will be sued for infections, even by people who are not employees or customers.The Road to Recovery – Dealing with Capacity After a Year of HurricanesThe rippling effects that hurricanes such as Ida have had on surrounding states, has left insurers desperately trying to figure out how to minimize losses in 2022.Keys to Securing Your Computer Network and Insurance DataAlways a pressing challenge, the security of your insurance business' computer network is facing an even greater threat…

Continue ReadingIndustry Roundup: Long-Term Liability From ‘Take-Home’ COVID-19 Lawsuits; Keys to Securing Your Computer Network and Insurance Data; Stay Home or Go to Work Sick? Omicron Poses a Conundrum

Industry Roundup: ​What’s Happening with P&C Rates in the US?; Personal Cyber Insurance Market to Spark Interest; In a World Where Everything is Connected, Insurance is Catching Up

​​What's Happening with P&C Rates in the US?Property and casualty rates were up in the fourth quarter of 2021, according to a report from insurance distribution and underwriting company MarketScout.Personal Cyber Insurance Market to Spark InterestThe personal cyber insurance market is poised for explosive growth in 2022 as people begin to realize and understand the risks associated with today's digital-first, technology-driven lifestyle.In a World Where Everything is Connected, Insurance is Catching UpThe world of insurance has been one colored by the “necessary evils" of long waits, policies for “everyone", and demographic-reliant underwriting processes. Innovators in this space are contending for an upgrade, and new technology…

Continue ReadingIndustry Roundup: ​What’s Happening with P&C Rates in the US?; Personal Cyber Insurance Market to Spark Interest; In a World Where Everything is Connected, Insurance is Catching Up

Industry Roundup: Stay Lifted on Federal Shot-or-Test Mandate for Large Employers; Trends That are Reshaping the Insurance Market; Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day

Trends That are Reshaping the Insurance MarketIt's no secret that advances in technology have pushed those in the insurance industry to make major changes and a recent 2022 analysis explores four major trends insurers may see as we enter the new year.Berkshire's Candymaker Must Face Worker's Suit Over Husband's COVID DeathA California candymaker must face a lawsuit by an employee who says she caught COVID-19 at work and gave it to her husband, resulting in his death, a state appeals court held on Tuesday, upholding what appeared to be the first ruling allowing a worker's lawsuit against an employer over a family member's COVID death.Tornadoes…

Continue ReadingIndustry Roundup: Stay Lifted on Federal Shot-or-Test Mandate for Large Employers; Trends That are Reshaping the Insurance Market; Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day