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Insurance Industry Faces Growing Skills Gap as AI Adoption Accelerates

Insurance Industry Faces Growing Skills Gap as AI Adoption Accelerates

The Institutes Knowledge Group's 2026 Skills Report finds AI literacy, claims expertise, leadership, and risk management skills are becoming critical as insurance roles evolve.
May 28 Catastrophe Education & Training Insurance Industry Liability Property

Global Transactional Risk Claims Jump 34% in 2025

Global Transactional Risk Claims Jump 34% in 2025

A new Marsh report shows global transactional risk insurance claims rose 34% in 2025, with financial statement breaches accounting for more than half of total paid losses and insurers paying nearly $650 million worldwide.
May 28 Insurance Industry Litigation Risk Management Technology Underwriting

Economic Stress Pushes Insurance Customers to Shop and Switch Carriers

Economic Stress Pushes Insurance Customers to Shop and Switch Carriers

Economic pressure and rising insurance premiums are driving record shopping activity, forcing carriers to rethink retention strategies, customer communication, and AI-driven workflows.
May 28 Auto Insurance Industry Risk Management Technology Underwriting

CNN Sues Perplexity Over Alleged Copyright Infringement and AI Content Use

CNN Sues Perplexity Over Alleged Copyright Infringement and AI Content Use

CNN alleges Perplexity unlawfully used and distributed copyrighted news content through its AI search platform. The lawsuit adds to mounting legal pressure on AI companies over publisher rights and compensation.
May 28 Insurance Industry Litigation Risk Management Technology

California Chemical Tank Emergency Leaves 16,000 Displaced After Explosion Threat Eases

California Chemical Tank Emergency Leaves 16,000 Displaced After Explosion Threat Eases

Officials allowed more than half of evacuated residents to return home after pressure inside a volatile chemical tank dropped, though thousands remain displaced as investigations continue into the industrial incident.
May 26 Catastrophe Insurance Industry Liability Litigation Property California

Contractor Fraud Awareness Week Puts Focus on Storm Chasing Roofing Schemes

Contractor Fraud Awareness Week Puts Focus on Storm Chasing Roofing Schemes

As Contractor Fraud Awareness Week continues nationwide, roofing contractors, insurers, and adjusters are warning homeowners about storm chasing scams, inflated claims, and post-disaster fraud risks.
May 21 Catastrophe Fraud Insurance Industry Property Risk Management

Insurers, Pharmacies Win $885 Million Verdict Against Takeda in Generic Drug Lawsuit

Insurers, Pharmacies Win $885 Million Verdict Against Takeda in Generic Drug Lawsuit

A federal jury found Takeda used an anticompetitive settlement to delay generic Amitiza, exposing the drugmaker to potentially billions in damages under federal antitrust law. The verdict is the first plaintiff win in a jury trial involving pharmaceutical pay-for-delay claims since a 2013 U.S. Supreme Court ruling.
May 21 Insurance Industry Legislation & Regulation Life & Health Litigation Massachusetts

Munich Re: 2026 Atlantic Hurricane Season Expected to Weaken as Typhoon Risk Rises

Munich Re: 2026 Atlantic Hurricane Season Expected to Weaken as Typhoon Risk Rises

Munich Re says El Niño conditions could suppress Atlantic hurricane activity while increasing typhoon risks across the western Pacific. The reinsurer warns that even a quiet season can still produce catastrophic insured losses.
May 21 Catastrophe Insurance Industry Property Risk Management Underwriting

Pet Insurance Adoption Climbs as Veterinary Costs Push Owners Toward Coverage

Pet Insurance Adoption Climbs as Veterinary Costs Push Owners Toward Coverage

AI-powered claims handling, rising veterinary costs, and employer-sponsored coverage are reshaping the pet insurance market worldwide. Insurers are betting on faster claims payments and digital distribution to close the large uninsured pet gap in the U.S.
May 19 Insurance Industry Property Risk Management Technology Underwriting

NHC Begins 2026 Atlantic Hurricane Outlooks

NHC Begins 2026 Atlantic Hurricane Outlooks

The National Hurricane Center has begun issuing daily Atlantic Tropical Weather Outlooks for the 2026 season. No tropical cyclone formation is expected over the next seven days, but parts of Florida and the Southeast Coast are being watched as higher-risk areas this year.
May 18 Auto Catastrophe Insurance Industry Marine Property Florida North Carolina South Carolina

AI-Generated Claim Fraud Forces Adjusters to Rethink Investigations

AI-Generated Claim Fraud Forces Adjusters to Rethink Investigations

Fraudsters are using AI to create convincing photos, invoices, medical records and identities. Adjusters need stronger verification, native files, field investigation and clear evidence before denying a claim.
May 18 Auto Fraud Insurance Industry Litigation Property

Georgia Agent Accused of Selling Fake Workers’ Comp Insurance

Georgia Agent Accused of Selling Fake Workers’ Comp Insurance

Georgia regulators say businesses may have received fraudulent workers' compensation certificates and believed they had valid coverage when they did not.
May 18 Fraud Insurance Industry Legislation & Regulation Workers' Compensation Georgia

Property and Casualty Insurers See Underwriting Gains Amid Auto, Liability Claims Pressure

Property and Casualty Insurers See Underwriting Gains Amid Auto, Liability Claims Pressure

The U.S. property and casualty market recorded its strongest underwriting result in more than a decade in 2025, but adjusters still face elevated catastrophe exposure, litigation pressure and rising replacement costs.
May 18 Auto Catastrophe Excess & Surplus Lines Insurance Industry Liability

El Niño Watch Issued as Pacific Ocean Temperatures Continue Warming

El Niño Watch Issued as Pacific Ocean Temperatures Continue Warming

NOAA's latest ENSO outlook shows warming Pacific Ocean conditions that could shape hurricane activity, winter weather patterns, drought risk, and catastrophe claims through early 2027.
May 15 Catastrophe Insurance Industry Property Risk Management

Spring Landscaping Mistakes Can Increase Water Damage Insurance Claims

Spring Landscaping Mistakes Can Increase Water Damage Insurance Claims

Small landscaping changes can redirect water toward foundations, increase basement flooding risk, and complicate homeowners insurance claims after heavy rain or storms.
May 13 Catastrophe Insurance Industry Property Risk Management Underwriting
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