Hail is the leading driver of solar PV natural catastrophe claims in North America, with AXIS Capital urging better forecasting and resilient system design to reduce losses.
OSHA cited Brazilian Stone Design LLC with seven serious violations after determining employees were exposed to unsafe levels of respirable crystalline silica on the job.
James and Maureen Wilson of Owings Mills, Maryland, received prison time and must repay over $18.7 million after orchestrating a massive life insurance fraud scheme.
Allstate’s 2025 America’s Best Drivers Report reveals which U.S. cities saw the greatest improvements and setbacks in collision rates based on auto claims data.
Record reinsurer capital and strong insurer performance are driving lower rates and broader coverage in the 2025 midyear reinsurance renewals, Aon reports.
Insurers are adopting coreless architecture to scale AI, enhance digital servicing, and meet regulatory demands without discarding legacy core systems or disrupting operations.
A new report reveals that while most insurers have adopted AI, fragmented deployment, data issues, and a trust gap hinder enterprise-wide scale and customer-facing value.
Most companies now view sustainability as a value driver, with 88% recognizing profit potential despite high investment costs and climate-related operational challenges.
Rhode Island’s new Pet Insurance Act introduces detailed consumer protections, requiring clear disclosures and training for producers starting January 1, 2026.
Lululemon claims Costco’s low-cost apparel mimics its trademarked designs, misleading customers and violating trade dress protections under U.S. trademark law.
Louis Vuitton Korea disclosed a data breach from unauthorized access to its system, exposing select customer information while assuring no financial data was compromised.
AI is no longer a back-office tool but a core force transforming how insurance is underwritten, processed, and scaled—with cloud, GenAI, and agentic systems leading the charge.
A Louisiana Supreme Court decision clarifies summary judgment standards, strengthening contractor defenses and reducing litigation exposure for insurers in similar cases.
As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.
After deadly Texas floods, the National Weather Service faces scrutiny over Trump-era staffing cuts, though experts say forecasts were timely and accurate despite leadership gaps.