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ACE American Targets Tech Firms in $500K Cyber Insurance Subrogation Case

A cyber insurance dispute is unfolding in federal court as ACE American Insurance Co., a Chubb subsidiary, seeks to recoup $500,000 paid in ransomware damages from two IT vendors it claims are at fault.
October 7 Insurance Industry Litigation Subrogation Technology Illinois Massachusetts New Jersey

Citizens Insurance Pauses Flood Coverage Proof During NFIP Shutdown

Florida’s state-run Citizens Property Insurance Corporation has announced a temporary deferral of its flood insurance documentation requirement due to the federal government shutdown.
October 7 Catastrophe Insurance Industry Legislation & Regulation Underwriting Florida

AI Success in Insurance Starts With Strong Data Governance

Managing unstructured data is key to reducing compliance risks and enabling AI-driven transformation in insurance.
October 7 Insurance Industry Legislation & Regulation Risk Management Technology

Cyber and Environmental Risks Overtake Safety in Transportation Sector Reputational Concerns

A new WTW survey signals a fundamental transformation in the reputational risk profile for transportation companies, shifting away from traditional safety concerns and toward mounting environmental and cybersecurity threats.
October 7 Insurance Industry Liability Risk Management

How Inflation, Litigation, and Talent Shortages Are Reshaping Specialty Insurance Claims

A recent report from Argo Group highlights three converging forces shaping the future of specialty insurance: inflation, litigation volatility, and a deepening talent gap.
October 7 Insurance Industry Litigation Underwriting Florida Georgia

Zurich Pushes for National Cybersecurity Metrics to Cut $24 Trillion Risk

Zurich Insurance Group, along with cybersecurity partners, is pressing for the creation of national cybersecurity metrics to address the widening gap between insured losses and the true economic cost of cyber incidents.
October 2 Legislation & Regulation Risk Management Technology

How Generative AI Is Transforming Claims Handling

Carriers leveraging generative AI gain speed, accuracy, and fraud resilience—if they can manage change and avoid tech fatigue.
October 2 Education & Training Insurance Industry Risk Management Technology

Why Insurers Must Rethink Natural Catastrophe Claims in a Changing Climate

With global insured losses soaring past $84B in 2025 alone, insurers must shift from reactive payouts to proactive, tech-driven models that strengthen resilience and trust.
October 2 Catastrophe Insurance Industry Risk Management Technology

Cat Bond Market Sets New Pace in Q3 2025 as Annual Issuance Nears $20 Billion

Q3 2025 saw $1.036B in cat bond issuance across 23 deals, pushing total year-to-date issuance to $18.6B and positioning the market for its first-ever $20B+ year.
October 2 Catastrophe Insurance Industry Property Risk Management

How Relationship Brokers Build Stronger Claims Teams and Reduce Litigation Risk

Strong relationships between claims teams are key to reducing litigation and improving outcomes. Learn how to build networks that enhance communication, trust, and performance.
October 2 Education & Training Litigation Risk Management

Ransomware Losses Climb While Cyber Claims Frequency Drops in 2025

Cyber claims frequency fell 53% in H1 2025, but ransomware severity rose 17% as attackers became more targeted, with double and triple extortion tactics on the rise.
October 2 Fraud Insurance Industry Risk Management Technology

Atlantic Hurricane Season Begins with Rare Trio of Major Storms

Hurricanes Humberto, Erin, and Gabrielle have all reached major hurricane status, marking the first time since 1935 that the season’s first three storms hit Category 3 or higher.
September 29 Catastrophe Insurance Industry Property Risk Management

Former New Orleans 911 Director Found Guilty of Insurance Fraud and Misuse of Emergency Authority

Former New Orleans 911 Director Tyrell Morris has been convicted of multiple charges, including insurance fraud and impersonating a peace officer, stemming from a 2023 crash.
September 29 Fraud Insurance Industry Legislation & Regulation Litigation Louisiana

Martin Shkreli Faces Lawsuit Over Copying Rare Wu-Tang Clan Album

A federal judge ruled that Martin Shkreli must face a lawsuit from PleasrDAO over allegedly copying and streaming the rare Wu-Tang Clan album ‘Once Upon a Time in Shaolin.’
September 29 Insurance Industry Litigation Risk Management Technology New York

Flood Insurance Program Faces Expiration Again as Hurricane Season Peaks

The National Flood Insurance Program is set to expire by month’s end unless Congress acts, potentially disrupting home closings and leaving policyholders at risk.
September 29 Catastrophe Insurance Industry Legislation & Regulation Property New York
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