Wind, hail, and water-related claims pushed severity up 9% in 2024, with catastrophe claims reaching a 7-year high of 42%. Adjusters must navigate rising costs, inflation pressures, and shifting risk patterns.

Outdated fund management slows claims payments, erodes profits, and hurts customer retention across the insurance value chain.

A former rental agency employee allegedly used insider access to steal and re-rent vehicles across Onondaga County. Most vehicles have been recovered, but some remain missing.

Witnesses don’t fail because they’re unprepared but because their brains default to socially learned habits that don’t work under legal pressure. Defense teams can rewire those instincts for better outcomes.

The Caribbean is under severe threat as Hurricane Melissa has rapidly intensified into a Category 5 hurricane and is projected to make landfall in Jamaica early this week. With maximum sustained winds around 160 mph and a crawl speed of approximately 3 mph, Melissa is poised to do unprecedented damage for the island.

A new report by Sollers Consulting finds that while artificial intelligence (AI) is becoming standard in claims processing, wide disparities exist in how insurance companies govern and scale these innovations.

Spears Manufacturing claims Liberty Mutual ignored defense duties in two major construction defect lawsuits, raising concerns about insurer obligations in property damage cases.

Forecasters give the system an 80% chance of formation this week as it moves toward the Greater Antilles. No immediate Gulf Coast threat.

Security footage debunks a Porsche owner’s claim of kidnapping and reveals a suspected case of self-arson tied to unpaid vehicle taxes.

The state of California alleges major plastic bag manufacturers falsely labeled their products as recyclable, triggering lawsuits and multimillion-dollar settlements.

As catastrophic medical claims rise, brokers must match stop-loss with aggressive claim management to protect self-funded plans.

After pleading guilty in November 2024, McBee must serve 2 years in prison and repay $4,022,124 in restitution under a federal crop insurance fraud case.

AI integration and cybersecurity threats both demand attention as carriers enter a critical planning phase. Striking the right balance is now a strategic imperative.

AI-native businesses push insurers to rethink liability forms and create new facilities as casualty risks evolve. Judgment and human expertise remain critical amid tech disruption.

2024 saw premium decline but continued strong underwriting and operating margins, with early 2025 data pointing to another profitable year in the WC line.