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The robots are coming … is insurance ready for AI?
The insurance industry is founded on predicting, as accurately as possible, whether or not a risk will materialise in a fast-moving competitive environment.
While commonly perceived to be the perpetrators of crimes, corporations, organizations and governmental entities are often themselves victims of criminal acts performed by third-parties or their own employees and agents. The Mandatory Victim Restitution Act (MVRA) creates a statutory obligation for courts to order criminal restitution to victims for certain offenses committed against organizational entities.
Read the full Bloomberg Law article, "‘Victim’ entities recovery of restitution under MVRA."
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The insurance industry is founded on predicting, as accurately as possible, whether or not a risk will materialise in a fast-moving competitive environment.
Publication
The increasing frequency and severity of climate-related natural disasters is having a big impact on physical risk exposures and the increasing protection gap.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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