Direct written premiums rose nearly 11% in 2025 as policies in force surged, but Fitch says deteriorating losses, softer pricing, and AI-driven threats are making cyber underwriting more difficult. Coverage wording and third-party risk could become bigger issues for insurers and claims teams.
Insurers report growing use of AI-generated images and documents to exaggerate or fabricate losses, forcing adjusters to rely on advanced fraud detection tools.
Federal prosecutors detail a years-long scheme to bypass environmental monitoring, raising liability and compliance concerns for insurers and adjusters.
Rising deductibles, aging vehicles, and increasing bodily injury costs are concentrating risk and reshaping how claims are filed, evaluated, and settled.
A multi-year fraud scheme involving USDA subsidies, crop insurance manipulation, and identity theft underscores ongoing risks in agricultural claims and federal program oversight.
New law allows civil prosecution of fraud, mandates disclosure of expunged records for adjuster licensing, and expands antifraud duties to assigned claims plans.
Warming oceans and rapid intensification are reducing mid-strength storms, increasing the likelihood of high-severity insurance losses and CAT exposure.
Maryland reaches a major settlement with ship owner and operator, advancing complex claims tied to the Key Bridge disaster and broader liability exposures.
