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Convr Report Highlights AI Strategy Gap Among Commercial Insurance Carriers

Convr Report Highlights AI Strategy Gap Among Commercial Insurance Carriers

Commercial insurance carriers are rapidly deploying AI underwriting tools, but many leaders lack confidence in the strategic framework needed to maximize those investments and deliver measurable business outcomes.
June 3 Education & Training Insurance Industry Technology Underwriting

Natural Disaster Insurance Gap Tops $424B as Cat Losses Rise

Natural Disaster Insurance Gap Tops $424B as Cat Losses Rise

Swiss Re says uninsured catastrophe losses rose 7% last year, with North America facing the largest gap as exposed property values climb.
June 3 Catastrophe Insurance Industry Property Risk Management Underwriting

NHC Tracks First Eastern Pacific Tropical Disturbance of 2026 Hurricane Season

NHC Tracks First Eastern Pacific Tropical Disturbance of 2026 Hurricane Season

The system has a 60% chance of development within seven days, while NOAA forecasts an above-normal Eastern Pacific hurricane season.
May 29 Catastrophe Insurance Industry Marine Property Risk Management California

Generative AI Creates New Challenges for Insurance Fraud Investigations

Generative AI Creates New Challenges for Insurance Fraud Investigations

Generative AI tools are making it easier to create fake claim evidence, while a new survey finds insurers have limited confidence in their ability to detect and prevent AI-driven fraud.
May 29 Auto Fraud Insurance Industry Property Technology

Global Study Links Rising Temperatures to Salmonella Drug Resistance

Global Study Links Rising Temperatures to Salmonella Drug Resistance

Researchers analyzing more than 480,000 Salmonella genomes found climate change is associated with a 10% increase in antimicrobial resistance genes worldwide, with projections showing the threat could intensify by 2100 without emissions cuts and antibiotic stewardship.
May 28 Catastrophe Insurance Industry Property Risk Management

Insurance Executive Sentenced to 12 Years in $2 Billion Fraud Scheme

Insurance Executive Sentenced to 12 Years in $2 Billion Fraud Scheme

Federal prosecutors said insurance company reserves were diverted through affiliated entities, leaving thousands of policyholders still owed more than $1 billion while regulators uncovered bribery and fraud allegations.
May 28 Fraud Insurance Industry Legislation & Regulation Litigation Risk Management North Carolina

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
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