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Smart Water Shutoff Devices Cut Claim Frequency by 81%, Study Finds

Smart Water Shutoff Devices Cut Claim Frequency by 81%, Study Finds

New carrier-backed study shows significant drops in water damage claim frequency and severity, with implications for underwriting and loss prevention strategies.
April 1 Property Risk Management Technology Underwriting

Cyberattacks on Hospitals and Infrastructure Signal Rising Claims Risk

Cyberattacks on Hospitals and Infrastructure Signal Rising Claims Risk

Iran-linked cyber activity targeting hospitals, infrastructure, and mobile devices shows how digital attacks are reshaping risk exposure and insurance claims.
April 1 Catastrophe Liability Property Risk Management Technology

2025 Catastrophe Losses Hit $127B Insured as Wildfire and Storm Claims Surge

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

Arctic Sea Ice Hits Record Winter Low as Global Heat Shatters March Records

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

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

Court Confirms Depreciation on Repair Costs Under ACV Policies

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

AccuWeather 2026 Hurricane Forecast Warns of 3 to 5 Direct U.S. Impacts

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

Auto Insurance Reserve Redundancy Signals Rate Cuts in 2026

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

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

Florida Safe Home Grants Questioned Over Roof Effectiveness and Insurance Savings

Florida Safe Home Grants Questioned Over Roof Effectiveness and Insurance Savings

Lawmakers and inspectors question whether roof-focused mitigation grants reduce claims or premiums, citing verification gaps and limited insurance credits.
March 23 Catastrophe Legislation & Regulation Litigation Property Underwriting Florida

Chubb Details $20 Billion US-Backed Maritime War Risk Insurance Program

Chubb Details $20 Billion US-Backed Maritime War Risk Insurance Program

Chubb says it will control underwriting, pricing, policy issuance, and claims in a $20 billion maritime war risk facility backed by the US International Development Finance Corporation. Vessel eligibility set by the US government will determine which ships and cargo can access coverage for Strait of Hormuz transits.
March 23 Insurance Industry Liability Marine Property Risk Management

Insurance Industry Eyes Prediction Markets for Catastrophe Risk and Faster Payouts

Insurance Industry Eyes Prediction Markets for Catastrophe Risk and Faster Payouts

New parametric-style contracts promise instant payouts and real-time risk pricing, but questions remain about regulation, reliability, and claims implications.
March 23 Catastrophe Insurance Industry Property Risk Management Technology California Florida South Carolina Texas

Orlando Apartment Complex Evacuated After Cracks, Jammed Doors Raise Structural Safety Fears

Orlando Apartment Complex Evacuated After Cracks, Jammed Doors Raise Structural Safety Fears

Fresh cracking, jammed doors, and signs of instability forced a sudden evacuation at The Rialto in Orlando. For adjusters, the case highlights habitability, business interruption, liability, and structural defect exposures in Florida multifamily properties.
March 23 Legislation & Regulation Liability Property Risk Management Florida

Short-Term Rentals Create Coverage Gaps in Homeowners Insurance

Short-Term Rentals Create Coverage Gaps in Homeowners Insurance

Many homeowners renting their properties short term do not realize their policies may exclude commercial activity, exposing them to denied claims, liability gaps, and policy cancellations.
March 11 Legislation & Regulation Liability Property Risk Management Underwriting

Subtle AI Photo Manipulation Increasing Insurance Claims Fraud Exposure

Subtle AI Photo Manipulation Increasing Insurance Claims Fraud Exposure

SAS says small, believable image tweaks are slipping past human review and complicating fraud detection in property and auto claims.
March 4 Auto Fraud Property Technology
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