Aon report highlights how wildfire and severe convective storm losses are reshaping insured catastrophe trends despite lower overall disaster activity.
Record March heat across the U.S., Mexico, Africa, Europe, Asia and Australia adds to warnings about climate-driven risk. For insurers and adjusters, the trend points to growing catastrophe exposure and harder-to-predict loss patterns.
AccuWeather expects a near- to below-average Atlantic season, but warns of 3 to 5 direct U.S. impacts, rapid intensification, and high exposure along the Gulf Coast and Carolinas.
Back-to-back storms have caused major flooding across Hawaii, forced thousands to evacuate, and damaged homes, roads, hospitals, schools, and other infrastructure.
New parametric-style contracts promise instant payouts and real-time risk pricing, but questions remain about regulation, reliability, and claims implications.
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.
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.
Two Ohio asphalt contractors agreed to pay $30 million to settle allegations they submitted falsified testing data on federally funded highway projects.
