Aerial imagery, supervised machine learning, and Gen AI are expanding underwriting and claims capabilities, but insurers face mounting pressure to validate data, manage uncertainty, and protect customer trust.
Over one in four Gen Z policyholders avoid filing claims due to digital friction. Insurers face mounting pressure to modernize onboarding, verification, and settlement workflows.
New survey data shows carriers recalibrating underwriting, fraud detection and workforce strategy as social inflation, AI-generated fraud and catastrophe losses intensify.
Federal inspections continue while state heat standards tighten. Claims data shows accident rates rise sharply above 90 degrees (F), raising exposure for high-risk industries.
A pending decision in Allstate v. Carteret Comprehensive Medical Care could determine whether complex auto insurance fraud claims belong in arbitration or Superior Court, with direct implications for PIP claims handling and insurer recovery efforts.
A new report outlines how role confusion, product silos, and competing platform priorities create unnecessary friction across claims and service workflows.
Security report warns of financially motivated intrusions exploiting weak credentials and single-factor authentication, raising ransomware risks for global organizations.