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Robin Roberson on How Agentic AI Is Reshaping Insurance Claims

Robin Roberson on How Agentic AI Is Reshaping Insurance Claims

Insurance Thought Leadership interviews Robin Roberson about how Agentic AI is transforming claims processes, automating manual tasks, and improving communication across the insurance ecosystem.
December 19, 2024 Insurance Industry Risk Management Technology Oklahoma

Key Trends and Insights Shaping the Insurance Industry in 2024

Key Trends and Insights Shaping the Insurance Industry in 2024

In 2024, the insurance industry experienced strong growth, leveraged AI for innovation, addressed talent gaps, and adapted to shifting risk landscapes and customer needs.
December 19, 2024 Insurance Industry Life & Health Risk Management Technology

OSHA Proposes $328,545 Fine for New Jersey Contractor Over Fall Hazard Violations

OSHA Proposes $328,545 Fine for New Jersey Contractor Over Fall Hazard Violations

Federal workplace safety officials allege that a New Jersey contractor repeatedly violated safety standards at three sites, citing willful and serious fall-related hazards.
December 18, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation New Jersey New York Pennsylvania

Advocacy Groups Push for FIO to Release Critical Home Insurance Data

Advocacy Groups Push for FIO to Release Critical Home Insurance Data

Consumer and environmental groups urge the Federal Insurance Office to release nationwide homeowners insurance data collected by NAIC to address the evolving insurance crisis linked to climate risks.
December 18, 2024 Catastrophe Legislation & Regulation Property Risk Management

NC Supreme Court Rules COVID Shutdowns Caused Physical Loss for Restaurants

NC Supreme Court Rules COVID Shutdowns Caused Physical Loss for Restaurants

The North Carolina Supreme Court diverged from most courts, finding that COVID-19 shutdowns constituted direct physical loss for restaurants under certain insurance policies.
December 18, 2024 Insurance Industry Legislation & Regulation Litigation Property New Hampshire North Carolina

Workers’ Comp Mega Claims Top $1 Billion Annually Amid Rising Costs and Frequency

Workers’ Comp Mega Claims Top $1 Billion Annually Amid Rising Costs and Frequency

Mega workers’ compensation claims, exceeding $2 million each, are climbing in frequency and cost, accounting for over $1 billion annually despite representing less than 0.1% of all claims.
December 18, 2024 Insurance Industry Risk Management Technology Workers' Compensation

The Rise of Agentic AI: Transforming Tasks and Decision-Making

The Rise of Agentic AI: Transforming Tasks and Decision-Making

Agentic AI moves beyond generative capabilities to execute tasks autonomously, reshaping industries like insurance, healthcare, and finance, with humans collaborating as managers of AI workflows.
December 18, 2024 Education & Training Insurance Industry Risk Management Technology District Of Columbia

Iowa Roofing Company Barred from Acting as Unlicensed Public Adjuster

Iowa Roofing Company Barred from Acting as Unlicensed Public Adjuster

Darren Reeves Roofing is ordered to cease unlicensed public adjuster services, including negotiating insurance claims or offering advice on insurance contracts, following a consent order in Iowa.
December 16, 2024 Fraud Insurance Industry Legislation & Regulation Litigation Iowa

Businesses Face Growing Pressure to Address Climate Risks

Businesses Face Growing Pressure to Address Climate Risks

As climate risks increase due to more frequent and severe weather events, businesses must adopt resilient strategies to protect operations, assets, and supply chains.
December 16, 2024 Catastrophe Insurance Industry Risk Management Technology

Holiday Hazards That Lead to Common Injuries

Holiday Hazards That Lead to Common Injuries

The holiday season brings joy but also hazards, from falls and car accidents to food-related issues. Learn about the most common injuries and how to avoid them.
December 13, 2024 Auto Liability Life & Health Risk Management

New York Explores Forcing Property Insurers to Cover Taxi Insurance Shortfalls

New York Explores Forcing Property Insurers to Cover Taxi Insurance Shortfalls

New York is considering a levy on property insurers to address a taxi insurer’s insolvency, sparking debate among state officials, drivers, and the insurance industry.
December 13, 2024 Insurance Industry Legislation & Regulation Litigation Risk Management New York

Senator Pushes FCC Cybersecurity Rules After Major Telecom Hack

Senator Pushes FCC Cybersecurity Rules After Major Telecom Hack

In the wake of the Salt Typhoon hack, Senator Ron Wyden introduces the Secure American Communications Act to strengthen telecom cybersecurity regulations and protect U.S. networks.
December 12, 2024 Insurance Industry Legislation & Regulation Risk Management Technology

Global Insurance Fraud Detection Market to Hit $31.8 Billion by 2032

Global Insurance Fraud Detection Market to Hit $31.8 Billion by 2032

Fueled by AI, ML, and big data analytics, the global insurance fraud detection market is projected to grow at a CAGR of 25%, with strong demand from Europe, North America, and APAC.
December 12, 2024 Fraud Insurance Industry Risk Management Technology

California Insurance Agent Faces Fraud Charges Over $900K Long-Term Care Scheme

California Insurance Agent Faces Fraud Charges Over $900K Long-Term Care Scheme

A former insurance agent in Cupertino has been charged with fraud after allegedly claiming over $900,000 in long-term care benefits for herself and her father under false pretenses.
December 12, 2024 Fraud Legislation & Regulation Life & Health Litigation California

Driving Innovation in Insurance Claims Technology for 2025

Driving Innovation in Insurance Claims Technology for 2025

The insurance industry is turning to advanced technologies like AI and specialized consultants to optimize claims processes, enhance efficiency, and maintain a competitive edge.
December 12, 2024 Insurance Industry Risk Management Technology
Aspen Claims ServiceMid-America Catastrophe ServicesU.S. ForensicHancock Claims Consultants