Aon report highlights how wildfire and severe convective storm losses are reshaping insured catastrophe trends despite lower overall disaster activity.
New Verisk data shows widespread use of AI editing tools, growing fraud risks, and ongoing challenges for adjusters detecting manipulated claim evidence.
Insurer alleges a coordinated network used shell companies, inflated invoices, and non-fee-schedule billing codes to extract payments and evade detection.
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.
Legacy workflows and document-heavy processes are driving up claim costs and cycle times, while targeted automation offers measurable savings within months.
Federal jury finds law firms and co-conspirators guilty in long-running scheme targeting commercial auto policies and inflating claims through staged accidents and unnecessary medical treatments.
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.
Most audit programs rely on people instead of systems, leading to lost knowledge, inconsistent results, and missed opportunities to reduce claims leakage.
Declining auto claims and reserve releases point to softer pricing in 2026, while liability lines continue to face reserve pressure and social inflation challenges.
A destructive Iran-linked cyberattack with no ransom demand is forcing insurers to confront attribution issues, policy wording gaps, and rising exposure to state-backed cyber incidents.
State regulators are accelerating enforcement on AI use in insurance, exposing carriers to fines and legal risk when decision models lack transparency.