A new report by Sollers Consulting finds that while artificial intelligence (AI) is becoming standard in claims processing, wide disparities exist in how insurance companies govern and scale these innovations.
Spears Manufacturing claims Liberty Mutual ignored defense duties in two major construction defect lawsuits, raising concerns about insurer obligations in property damage cases.
The state of California alleges major plastic bag manufacturers falsely labeled their products as recyclable, triggering lawsuits and multimillion-dollar settlements.
Projected cyclone-driven blackouts along the Gulf and Atlantic coasts could double by century’s end, with Hispanic and low-income communities facing the brunt of the impact.
After pleading guilty in November 2024, McBee must serve 2 years in prison and repay $4,022,124 in restitution under a federal crop insurance fraud case.
An MGA startup uses AI simulations to model catastrophe risks at the property level, targeting homes insurers often avoid. But what does it mean for claims handling?
AI integration and cybersecurity threats both demand attention as carriers enter a critical planning phase. Striking the right balance is now a strategic imperative.
The Mississippi Supreme Court has closed the door on an 18-year dispute, upholding nearly $15M in penalties against USAA for bad-faith claim handling after Hurricane Katrina.
AI-native businesses push insurers to rethink liability forms and create new facilities as casualty risks evolve. Judgment and human expertise remain critical amid tech disruption.
A retired NFL player’s claim for cumulative injury is denied under California’s tightened workers’ comp rules for out-of-state athletes, highlighting key jurisdictional limits.