Maine Says: Buy Your Own Marijuana By Francis Mootz Maine joined the list of states that preclude worker’s compensation coverage for the cost of medical marijuana used to treat a workplace injury.
What GDPR Means for Insurance Companies By Jeff Brown GDPR is the most significant data privacy regulation ever. The implications reach way beyond Europe--and create a major opportunity.
Regulators Create Sandbox for Insurtech By Charlotte Mery Hong Kong, among others, is helping startups build an initiative in a mentored environment before formally presenting it to regulators.
How to Get Ahead of the Watchdogs By Andrea Falcione Compliance functions need the agility to adjust to business changes and to the inevitable surprises inherent in a dynamic business climate.
Europe's New Data Breach Requirements By John Barchie U.S.-based businesses that have operations in the E.U. or that have E.U. citizens as customers will soon face stiff new requirements.
Operational Impacts of the 2017 Tax Cuts By Mark Smith Chris Joline The tax law will have wide-ranging impacts on insurers’ business, including corporate structure, regulatory capital and products.
How GDPR Will Affect Insurance By Zack Halliwell Being unprepared for GDPR come May will lead to a number of issues for insurers, especially the bigger they are and the more data they deal with.
Global Trend Map No. 14: Regulation By Alexander Cherry Some 15% of the workforce is dedicated to governance, risk management and regulatory compliance--posing a huge opportunity for efficiency.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.