A new report forecasts a significant rise in AI and machine learning usage in anti-fraud programs, with a nearly threefold increase anticipated by 2026.
  March 6   CLM Fraud Insurance Industry Technology

The shift from paper-based processes to digital claims management marks a transformative era for adjusters, enhancing efficiency and customer service.
  March 5   PropertyCasualty360 Education & Training Insurance Industry Technology

Over 60% of Americans are unaware of the added household costs due to litigation tactics, highlighting the need for legal system reforms.
  March 5   Risk & Insurance Fraud Insurance Industry Legislation & Regulation Liability

In 2023, State Farm reported a significant increase in underwriting losses, driven by property line challenges despite improvements in auto insurance results.
  March 4   Claims Journal Auto Catastrophe Insurance Industry Property

Physical therapy (PT) is increasingly recognized for its clinical and economic benefits, offering significant savings and improved outcomes across the healthcare spectrum.
  March 4   MedRisk Insurance Industry Life & Health Technology Workers' Compensation

Economic uncertainty affects the P&C insurance market with rate hikes, profitability shifts, and changing insurance availability.
  March 4   Insurance Thought Leadership Catastrophe Insurance Industry Technology

Recent Illinois legislation could inadvertently raise auto insurance premiums by limiting risk-based pricing, counteracting intentions to protect consumers.
  March 4   Triple-I Blog Auto Insurance Industry Legislation & Regulation Risk Management Illinois

Cybereason’s study indicates a worrying trend: 78% of ransom-paying firms are targeted again, often facing higher demands, underscoring the persistent threat.
  March 1   Infosecurity Magazine Insurance Industry Risk Management Technology

The escalating number of uninsured drivers in Florida underscores a growing crisis of insurance affordability, putting all road users at risk.
  March 1   Live Insurance News Auto Insurance Industry Legislation & Regulation Risk Management Florida Mississippi

Generative AI offers transformative potential for P&C insurance, promising significant value while posing challenges in adoption and governance.
  February 29   Insurance Thought Leadership Insurance Industry Risk Management Technology

Cyberattacks pose a daily threat to organizations, highlighting the need for advanced security measures and robust risk management.
  February 29   Risk & Insurance Insurance Industry Risk Management Technology

With a rich background in claims and education, Tiara Wallace brings a fresh perspective to risk management, emphasizing diversity and innovation.
  February 29   Triple-I Blog Education & Training Insurance Industry Risk Management Oklahoma Texas

Two pivotal New York appellate decisions underscore the complexities of insurance broker errors and omissions, affecting both agents and clients.
  February 28   CLM Insurance Industry Legislation & Regulation Liability Litigation New York

With homeowners insurance rates adjusting, the Atlantic faces a potentially severe hurricane season due to alarming El Niño and La Niña patterns.
  February 27   Insurance Thought Leadership Catastrophe Insurance Industry Property Risk Management

Warren Buffett’s latest annual report for Berkshire Hathaway may have tempered expectations for the conglomerate’s future "eye-popping performance," but the insurance sector, led by GEICO’s remarkable turnaround, provided a glimmer of profitability and growth amidst the caution.
  February 26   Insurance Journal Insurance Industry Property Risk Management Technology

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