Insurance industry sees auto physical damage profitability recover, while casualty sectors grapple with increased medical inflation and social verdicts.
A San Francisco federal judge declares Anthropic’s AI book training fair use, yet rules storing millions of pirated copies illegal, setting stage for potential damages.
Westfield Specialty’s Dennis Willette explores how PFAS contaminants shape environmental liability coverage in construction and why contractors need this insurance.
Despite costly California wildfires and severe storms in Texas and the Midwest, property claim volume in Q1 2025 dropped to its lowest level in five years, Verisk reports.
Artificial intelligence and outcome-focused care models are streamlining workers’ compensation by improving triage, reducing costs, and prioritizing long-term recovery outcomes.
Florida, Texas, and California consistently rank highest for lightning-related insurance claims due to storm frequency, surge damage, and wildfire-triggered losses.
A recent Insurity survey highlights the importance of blending digital convenience with human support to enhance policyholder satisfaction and claims experiences.
Auto glass scams are costing U.S. drivers billions, fueled by deceptive ‘free’ repairs and AOB schemes. Insurers and lawmakers are responding with pre-inspection programs and tougher penalties.
Federal, state and local investigators allege three men—including a municipal vice mayor and a school board trustee—set a Northern California farmhouse ablaze and filed false insurance claims to net $200,000.
The 2025 Atlantic hurricane season is projected to be above-average with 17 named storms, nine hurricanes and four major hurricanes, increasing landfall risks along U.S. and Caribbean coasts.
A Florida appeals court held that Citizens Property Insurance wrongly denied a roof damage claim and can’t invoke staged-payment rules until coverage is acknowledged, giving homeowners a second chance.
Town of Newburgh authorities and federal agents allege a local salon owner deliberately set an August 2022 fire at her own shop to collect insurance payouts amid severe financial distress.
Insurers can modernize CAT modeling by integrating AI-driven data capture, cleansing, enrichment, and analysis to deliver dynamic, real-time risk assessments that enhance underwriting and portfolio decisions.
In Q1 2025, U.S. and Canadian property claims hit a five-year low even as average replacement costs surged 46 percent year-over-year, led by California wildfire losses and rising reconstruction expenses.