
2025 Catastrophe Losses Hit $127B Insured as Wildfire and Storm Claims Surge
Aon report highlights how wildfire and severe convective storm losses are reshaping insured catastrophe trends despite lower overall disaster activity.
April 1
Catastrophe
Insurance Industry
Property
Risk Management
Technology

AI Insurance Fraud Surges as Adjusters Face Rising Digital Manipulation Risks
New Verisk data shows widespread use of AI editing tools, growing fraud risks, and ongoing challenges for adjusters detecting manipulated claim evidence.
April 1
Fraud
Insurance Industry
Risk Management
Technology

GEICO Alleges Fake Invoices and Shell Companies in DME Fraud Operation
Insurer alleges a coordinated network used shell companies, inflated invoices, and non-fee-schedule billing codes to extract payments and evade detection.
April 1
Auto
Fraud
Insurance Industry
Litigation
New York

Arctic Sea Ice Hits Record Winter Low as Global Heat Shatters March Records
Record March heat across the U.S., Mexico, Africa, Europe, Asia and Australia adds to warnings about climate-driven risk. For insurers and adjusters, the trend points to growing catastrophe exposure and harder-to-predict loss patterns.
April 1
Catastrophe
Insurance Industry
Property
Risk Management

Manual Claims Processing Costs Insurers Millions Annually, Automation Cuts Costs Fast
Legacy workflows and document-heavy processes are driving up claim costs and cycle times, while targeted automation offers measurable savings within months.
April 1
Insurance Industry
Property
Risk Management
Technology

Cyber Claims Surge in Severity as AI and Litigation Accelerate Losses
New data shows rising breach costs, faster lawsuits, and AI-powered attacks reshaping cyber claims handling and severity.
March 30
Fraud
Litigation
Risk Management
Technology

Crypto Insurance Gaps Leave Theft Victims Without Coverage
Crypto platforms market account protection, but exclusions and strict requirements often leave theft victims without reimbursement.
March 30
Fraud
Insurance Industry
Litigation
Risk Management
Technology

Court Confirms Depreciation on Repair Costs Under ACV Policies
Sixth Circuit ruling confirms insurers can deduct depreciation from repair payments unless policyholders complete repairs to trigger replacement-cost coverage.
March 30
Insurance Industry
Legislation & Regulation
Litigation
Property

New Orleans Attorneys Convicted in Staged Crash Insurance Fraud Scheme
Federal jury finds law firms and co-conspirators guilty in long-running scheme targeting commercial auto policies and inflating claims through staged accidents and unnecessary medical treatments.
March 25
Auto
Fraud
Insurance Industry
Litigation
Louisiana

AccuWeather 2026 Hurricane Forecast Warns of 3 to 5 Direct U.S. Impacts
AccuWeather expects a near- to below-average Atlantic season, but warns of 3 to 5 direct U.S. impacts, rapid intensification, and high exposure along the Gulf Coast and Carolinas.
March 25
Catastrophe
Insurance Industry
Property
Risk Management

Supreme Court Limits ISP Liability in $1B Music Piracy Case
Justices rule ISPs are not liable for user piracy without proof of intent, reshaping exposure for digital service providers and insurers.
March 25
Insurance Industry
Liability
Litigation
Technology

Uber Backs Legal Reform as Litigation Costs Drive Auto Claim Inflation
Rideshare insurer costs surge as fraud, attorney solicitation, and third-party funding reshape auto claims severity and settlement dynamics.
March 25
Auto
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California
New York

Claims Audit Programs Fail Without Systems That Preserve Expertise
Most audit programs rely on people instead of systems, leading to lost knowledge, inconsistent results, and missed opportunities to reduce claims leakage.
March 23
Education & Training
Insurance Industry
Risk Management
Technology

Auto Insurance Reserve Redundancy Signals Rate Cuts in 2026
Declining auto claims and reserve releases point to softer pricing in 2026, while liability lines continue to face reserve pressure and social inflation challenges.
March 23
Auto
Insurance Industry
Liability
Property
Underwriting

Hawaii Flooding Triggers Evacuations as Storm Damage Tops $1 Billion
Back-to-back storms have caused major flooding across Hawaii, forced thousands to evacuate, and damaged homes, roads, hospitals, schools, and other infrastructure.
March 23
Auto
Catastrophe
Property
Risk Management
Hawaii



