As 2024 comes to a close, it is a time of reflection on the year… and leaves me so thankful once again to all of you, the ever-growing number of readers who continue to regularly visit this Nerd’s Eye View Blog (and share the content with your friends and colleagues, which we greatly appreciate!). We … Read more
By Lewis Nibbelin, Contributing Writer, Triple-I Technological innovations — particularly generative AI — are revolutionizing insurance operations and risk management more quickly than the industry can fully accommodate them, necessitating more proactive involvement in their implementation, according to participants in Triple-I’s 2024 Joint Industry Forum. Such involvement can ensure that the ethical implications of AI … Read more
Joana Covelo de Abreu (Editor and Key-staff member of CitDig Jean Monnet Centre of Excellence) Protocol No 3 on the Statute of the Court of Justice of the European Union was amended by Regulation (EU, Euratom) 2024/2019 of the European Parliament and of the Council, of April, 11th 2024, which entered into force on September … Read more
California’s Department of Insurance last week posted long-awaited rules that remove obstacles to profitably underwriting coverage in the wildfire-prone state. Among other things, the new rules eliminate outdated restrictions on use of catastrophe models in setting premium rates. The measure also extends language related to catastrophe modeling to “nature-based flood risk reduction.” In the original … Read more
2024 has been a bumper year for this blog. According to Google Analytics, the blog has 175,000 active users, an increase of 30% over 2023, with near 300,000 views and a million interactions and so, as usual, I share the most read blog entries at the end of the year. Here are the Top 10 … Read more