Resilience experts warn that AI-powered threats, ransomware evolution, and rising litigation will challenge insurers and claims professionals in unprecedented ways.
As healthcare costs rise, more employers are adopting stop loss coverage to manage catastrophic medical claims. AI-driven underwriting and flexible policy structures are shaping the future of the market.
While insurance customers embrace AI for routine tasks, many resist its use in claims handling and pricing due to concerns about fairness and transparency.
A federal judge halted New York’s attempt to fill a regulatory gap caused by a deadlocked NLRB, raising broader legal questions for employers navigating state-federal labor oversight.
With $6B to $7B in losses from Hurricane Melissa, Jamaica’s parametric policy paid out fully, raising fresh debate over trigger thresholds and basis risk.
A sharp increase in units affected by product recalls signals a shift in risk exposure, with implications for insurers, claims handlers, and supply chain managers navigating evolving regulatory demands.
Rising repair costs, claims inflation, and mobility trends are straining auto insurers and reshaping claims operations. Adjusters must adapt to new tools, regulations, and customer expectations.
A sharp rise in vehicle wrecks, complex repair costs, and fraud complaints is stressing Georgia’s auto insurance market, prompting legislative calls and insurer resistance.
Thanksgiving ranks as a peak claims day for fire, auto, and injury incidents. Adjusters should be prepared for post-holiday surges in kitchen fire reports, liability questions, and alcohol-related crashes.
Three leading insurers—AIG, Great American, and WR Berkley—are pursuing regulatory approval to limit their liability for claims tied to artificial intelligence technologies, a move that could reshape the risk landscape for businesses deploying AI systems.
NERC’s latest report highlights severe winter reliability threats in several U.S. regions due to surging electricity demand, limited fuel availability, and slow infrastructure upgrades.
NTSB blames wiring flaw and outdated bridge protections for the catastrophic March 2024 collapse that killed six. Report flags national infrastructure risks.