The grounding of the MSC Antonia near Jeddah raises alarm over GPS jamming and cyber-physical threats in the MENA region, urging insurers and operators to reassess risk strategies.
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
Modernization of core systems is crucial for P&C insurers to reduce costs, improve customer experience, and keep pace with digital innovation—but success demands a strategic, business-led approach.
Clinical pharmacists are using AI to enhance drug therapy oversight, reduce risk, and improve recovery outcomes for injured workers in complex workers’ compensation claims.
Beginning April 4, 2025, CMS requires Responsible Reporting Entities to include available WCMSA data in Section 111 reports for workers’ compensation settlements involving Medicare beneficiaries.
Although June is typically a quiet start to Atlantic hurricane season, recent years show a rise in early storm activity, especially near the Gulf and Southeast U.S. coasts.
Connecticut’s Senate Bill 10 curbs AI-driven claim denials, tightens rate hike rules, and expands patient protections, with major reforms taking effect October 1, 2025.
With advanced analytics and pattern recognition, AI could help P&C insurers save up to $160 billion annually by detecting both soft and hard fraud more effectively.
Five tort reform bills passed in Louisiana aim to reduce legal system abuse, lower insurance premiums, and establish fairer standards for civil litigation and auto claims.
The Institutes has introduced the Associate in Insurance Operations designation to standardize training, enhance efficiency, and elevate service across insurance operations teams.
As legacy systems strain under rising demands, insurers are turning to AI-driven operations to reduce costs, improve customer satisfaction, and future-proof their business models.
A new report by Neptune Flood highlights Texas’s escalating flood risk and the urgent need to close the state’s massive and growing insurance coverage gap.
The NCCI AIS 2025 conference revealed how workers comp is staying strong amid economic uncertainty, with trends in claim frequency, medical use, and emerging industry risks.