Flood Forecasting Defended by NWS as Critics Question Impact of Staffing Cuts
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.
July 7
Catastrophe
Legislation & Regulation
Risk Management
Technology
Texas
U.S. Cyber Insurance Premiums Experience First-Ever Decline Amid Pricing Adjustments
U.S. cyber insurance premiums declined by 2.3% in 2024, driven by rate reductions even as claims frequency rose, highlighting evolving market risks and pricing trends.
July 2
Insurance Industry
Liability
Risk Management
Technology
How Water Leak Sensors Are Transforming Insurance Economics
Bolt’s successful integration of IoT water sensors with homeowner policies significantly reduces water damage claims, reshaping insurance profitability.
July 2
Property
Risk Management
Technology
Underwriting
Swiss Re Identifies Rising Risks Including Declining Trust, Excess Mortality, and Digital Liability
Swiss Re’s 2025 SONAR report examines emerging structural risks including trust erosion, mortality fluctuations, and digital liabilities reshaping insurance claims and coverage.
July 2
Fraud
Liability
Life & Health
Property
Scattered Spider Cyber Threat Targets US Airline and Transport Industries
The FBI issues urgent warnings as the Scattered Spider cybercriminal group pivots its attacks from UK retailers to airlines and transport organizations across the US.
June 30
Education & Training
Liability
Risk Management
Technology
Loss of Military Satellite Data May Affect Hurricane Forecast Accuracy
Critical satellite data used for predicting rapid hurricane intensification will end June 30, potentially complicating forecasts during peak hurricane season.
June 30
Catastrophe
Property
Risk Management
Technology
Italian Executives Receive Lengthy Prison Terms for PFAS Pollution
Executives of a chemical plant in Italy face significant jail sentences after court finds them responsible for extensive PFAS contamination affecting drinking water.
June 30
Legislation & Regulation
Liability
Litigation
Risk Management
Cyber Risk and Technology Trends Reshaping Business Resilience in 2025
Executives’ cyber risk awareness is climbing, yet a misplaced confidence in cyber resilience persists amid escalating threats and geopolitical instability.
June 30
Legislation & Regulation
Liability
Risk Management
Technology
California
Modernizing Insurance Claims Payment Infrastructure for Greater Efficiency and Trust
Research reveals that fragmented back-end financial systems hinder timely claims payments and increase risks, highlighting the need for integrated, real-time solutions.
June 30
Education & Training
Insurance Industry
Risk Management
Technology
Auto Claims Profitability Improves Amid Rising Casualty Costs and Trade Issues
Insurance industry sees auto physical damage profitability recover, while casualty sectors grapple with increased medical inflation and social verdicts.
June 25
California
Colorado
Florida
Illinois
New Jersey
Federal Judge Rules Anthropic’s Book Use Fair but Piracy Still Faces Penalty
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.
June 25
Legislation & Regulation
Litigation
Risk Management
Technology
California
How PFAS Influence Environmental Liability Risks in Construction Projects
Westfield Specialty’s Dennis Willette explores how PFAS contaminants shape environmental liability coverage in construction and why contractors need this insurance.
June 25
Legislation & Regulation
Liability
Property
Risk Management
Wildfires and Storms Drive Record Claim Severity in Early 2025 as Volume Hits Five-Year Low
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.
June 24
Catastrophe
Insurance Industry
Property
Risk Management
AI and Value-Based Care Are Transforming Workers’ Comp Claims Management
Artificial intelligence and outcome-focused care models are streamlining workers’ compensation by improving triage, reducing costs, and prioritizing long-term recovery outcomes.
June 24
Life & Health
Risk Management
Technology
Workers' Compensation
Ohio
Why Florida, Texas, and California Lead the Nation in Lightning Insurance Claims
Florida, Texas, and California consistently rank highest for lightning-related insurance claims due to storm frequency, surge damage, and wildfire-triggered losses.
June 24
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Texas
