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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.
Four women with well-established insurance careers shared leadership advice during a fireside chat organized by HUB International.
Executives at ILTA Evolve 2024 discuss cybersecurity issues, generative AI, cyber insurance challenges and more.
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.
Migraine medications, which saw utilization increase 17%, also had one of the largest cost increases.
AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.