A new Marsh report shows global transactional risk insurance claims rose 34% in 2025, with financial statement breaches accounting for more than half of total paid losses and insurers paying nearly $650 million worldwide.
Economic pressure and rising insurance premiums are driving record shopping activity, forcing carriers to rethink retention strategies, customer communication, and AI-driven workflows.
CNN alleges Perplexity unlawfully used and distributed copyrighted news content through its AI search platform. The lawsuit adds to mounting legal pressure on AI companies over publisher rights and compensation.
Officials allowed more than half of evacuated residents to return home after pressure inside a volatile chemical tank dropped, though thousands remain displaced as investigations continue into the industrial incident.
As Contractor Fraud Awareness Week continues nationwide, roofing contractors, insurers, and adjusters are warning homeowners about storm chasing scams, inflated claims, and post-disaster fraud risks.
Fire crews gained ground overnight as calmer winds helped containment efforts near Simi Valley. Thousands remain under evacuation orders as wildfire risk continues across Southern California.
Munich Re says El Niño conditions could suppress Atlantic hurricane activity while increasing typhoon risks across the western Pacific. The reinsurer warns that even a quiet season can still produce catastrophic insured losses.
AI-powered claims handling, rising veterinary costs, and employer-sponsored coverage are reshaping the pet insurance market worldwide. Insurers are betting on faster claims payments and digital distribution to close the large uninsured pet gap in the U.S.
The National Hurricane Center has begun issuing daily Atlantic Tropical Weather Outlooks for the 2026 season. No tropical cyclone formation is expected over the next seven days, but parts of Florida and the Southeast Coast are being watched as higher-risk areas this year.
Fraudsters are using AI to create convincing photos, invoices, medical records and identities. Adjusters need stronger verification, native files, field investigation and clear evidence before denying a claim.
The U.S. property and casualty market recorded its strongest underwriting result in more than a decade in 2025, but adjusters still face elevated catastrophe exposure, litigation pressure and rising replacement costs.
NOAA’s latest ENSO outlook shows warming Pacific Ocean conditions that could shape hurricane activity, winter weather patterns, drought risk, and catastrophe claims through early 2027.
Small landscaping changes can redirect water toward foundations, increase basement flooding risk, and complicate homeowners insurance claims after heavy rain or storms.
Federal prosecutors said Brad Heppner used shell companies, falsified records, and misleading debt transactions tied to GWG Holdings and Beneficient, leaving thousands of investors facing major losses.
