A new report forecasts a significant rise in AI and machine learning usage in anti-fraud programs, with a nearly threefold increase anticipated by 2026.
  March 6   CLM Fraud Insurance Industry Technology

The shift from paper-based processes to digital claims management marks a transformative era for adjusters, enhancing efficiency and customer service.
  March 5   PropertyCasualty360 Education & Training Insurance Industry Technology

Many residents of the Texas Panhandle, left uninsured, face an uphill battle in recovering from devastating wildfires, highlighting the growing insurance affordability crisis.
  March 5   Texas Tribune Catastrophe Property Risk Management Texas

A landmark $72.5 million judgment has been awarded to Aurora Beauchamp, a cancer patient severely injured by a city bus, marking one of the MTA’s largest payouts.
  March 5   NY Post Catastrophe Legislation & Regulation Liability Life & Health Florida New York

The ransomware attack on Change Healthcare has not only disrupted US pharmacies but also sparked a potential $22 million ransom payment, raising concerns across the health care sector.
  March 5   Wired Fraud Life & Health Technology

Over 60% of Americans are unaware of the added household costs due to litigation tactics, highlighting the need for legal system reforms.
  March 5   Risk & Insurance Fraud Insurance Industry Legislation & Regulation Liability

An $820,000 insurance claim was dismissed after evidence emerged of the claimant partaking in a Christmas tree throwing contest, contradicting her injury claims.
  March 4   USA Today Auto Fraud Litigation

In 2023, State Farm reported a significant increase in underwriting losses, driven by property line challenges despite improvements in auto insurance results.
  March 4   Claims Journal Auto Catastrophe Insurance Industry Property

Physical therapy (PT) is increasingly recognized for its clinical and economic benefits, offering significant savings and improved outcomes across the healthcare spectrum.
  March 4   MedRisk Insurance Industry Life & Health Technology Workers' Compensation

As construction risks climb, industry leaders focus on advanced mitigation strategies to protect workers and ensure project success.
  March 4   Risk & Insurance Risk Management Technology Workers' Compensation

Economic uncertainty affects the P&C insurance market with rate hikes, profitability shifts, and changing insurance availability.
  March 4   Insurance Thought Leadership Catastrophe Insurance Industry Technology

Recent Illinois legislation could inadvertently raise auto insurance premiums by limiting risk-based pricing, counteracting intentions to protect consumers.
  March 4   Triple-I Blog Auto Insurance Industry Legislation & Regulation Risk Management Illinois

Industry experts share their experiences, offering valuable insights into the daily life, challenges, and rewards of working as an insurance adjuster.
  March 1   Reddit Auto Education & Training Property Workers' Compensation

A massive storm is set to deliver 6-10 feet of snow across the Sierra Nevada, challenging records and potentially isolating communities with blizzard conditions.
  March 1   Accuweather Catastrophe Property Risk Management California Oregon

A California court allows nearly 6,000 Black employees to sue Tesla collectively for failing to address racial discrimination and harassment at its Fremont factory.
  March 1   CNBC Auto Legislation & Regulation Litigation California

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