New research finds companies led by CEOs exposed to severe childhood disasters report 24% fewer worker injuries, highlighting the impact of leadership traits on safety outcomes.
Paper checks still dominate insurance payments, but fraud data, workflow drag, and customer expectations are pushing carriers toward digital alternatives.
Two Ohio asphalt contractors agreed to pay $30 million to settle allegations they submitted falsified testing data on federally funded highway projects.
Losses tied to Venmo, Zelle and Cash App are climbing, pushing underwriters and claims teams to scrutinize controls, coverage limits and internal fraud exposure.
Gallagher Bassett’s 2026 Carrier Perspective report finds social inflation, medical costs, catastrophe losses and AI-driven fraud are compounding severity and workforce pressure for carriers.
Gallagher Re’s Adam Schwebach says mid-year renewals could bring added capacity, rate reductions, and renewed appetite for underwriting hurricane risk in Florida.
The proposed deal would address current and future glyphosate cancer claims, with Missouri state court proceedings at the center of the class-action effort.
Real-time driver behavior data is helping insurers reduce collision frequency, lower severity, and strengthen underwriting decisions before a claim occurs.
Higher medical costs, cumulative trauma litigation, and social inflation are driving severity and pressuring reserves, with California signaling a potential market shift.
Utilities across the West are increasingly cutting power during high-risk weather, reshaping wildfire prevention strategies and claims exposure for insurers.
Most carriers add AI to claims workflows that were already failing. Real results come from redesigning intake, audits, and prioritization before automation ever starts.
Legacy data systems built for reporting, not real-time decision-making, are preventing insurers from moving AI tools into daily underwriting and claims operations.