With $6B to $7B in losses from Hurricane Melissa, Jamaica’s parametric policy paid out fully, raising fresh debate over trigger thresholds and basis risk.

A sharp increase in units affected by product recalls signals a shift in risk exposure, with implications for insurers, claims handlers, and supply chain managers navigating evolving regulatory demands.

Rising repair costs, claims inflation, and mobility trends are straining auto insurers and reshaping claims operations. Adjusters must adapt to new tools, regulations, and customer expectations.

Fire departments and safety officials urge caution as turkey fryer accidents spike on Thanksgiving, leading to property damage and injuries.

A sharp rise in vehicle wrecks, complex repair costs, and fraud complaints is stressing Georgia’s auto insurance market, prompting legislative calls and insurer resistance.

Thanksgiving ranks as a peak claims day for fire, auto, and injury incidents. Adjusters should be prepared for post-holiday surges in kitchen fire reports, liability questions, and alcohol-related crashes.

Three leading insurers—AIG, Great American, and WR Berkley—are pursuing regulatory approval to limit their liability for claims tied to artificial intelligence technologies, a move that could reshape the risk landscape for businesses deploying AI systems.

Insurers are racing to adopt AI as customer churn rises and expectations soar. Manual claims processes are no longer enough.

NERC’s latest report highlights severe winter reliability threats in several U.S. regions due to surging electricity demand, limited fuel availability, and slow infrastructure upgrades.

NTSB blames wiring flaw and outdated bridge protections for the catastrophic March 2024 collapse that killed six. Report flags national infrastructure risks.

With 41% of vehicles overdue on essential services, adjusters may face a spike in avoidable claims this winter.

A South Florida jury found two men guilty of exploiting ACA subsidies by enrolling homeless individuals in plans they didn’t qualify for, generating millions in commissions.

Motive’s AI dash cams and real-time data tools are helping GEICO policyholders prevent accidents, cut costs, and resolve claims faster. Commercial fleets can now qualify for premium discounts by sharing telematics data.

A global survey of 4,200 professionals reveals how dysfunctional workplace technology is draining productivity, harming morale, and fueling employee turnover.

A new IRC study shows growing delays, lower-than-requested approvals, and rising use of residual markets, especially in states like California.