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2025 Home Insurance Severity Hits 7-Year High

2025 Home Insurance Severity Hits 7-Year High

Wind, hail, and water-related claims pushed severity up 9% in 2024, with catastrophe claims reaching a 7-year high of 42%. Adjusters must navigate rising costs, inflation pressures, and shifting risk patterns.
October 27, 2025 Catastrophe Insurance Industry Property Risk Management

Liberty Mutual Sued for Failing to Defend Manufacturer in Property Damage Cases

Liberty Mutual Sued for Failing to Defend Manufacturer in Property Damage Cases

Spears Manufacturing claims Liberty Mutual ignored defense duties in two major construction defect lawsuits, raising concerns about insurer obligations in property damage cases.
October 20, 2025 Insurance Industry Legislation & Regulation Liability Property Risk Management California Colorado Louisiana

Developing System in Caribbean Could Become Tropical Storm Melissa

Developing System in Caribbean Could Become Tropical Storm Melissa

Forecasters give the system an 80% chance of formation this week as it moves toward the Greater Antilles. No immediate Gulf Coast threat.
October 20, 2025 Catastrophe Insurance Industry Marine Property Risk Management

California Sues Plastic Bag Makers Over False Recycling Claims

California Sues Plastic Bag Makers Over False Recycling Claims

The state of California alleges major plastic bag manufacturers falsely labeled their products as recyclable, triggering lawsuits and multimillion-dollar settlements.
October 20, 2025 Insurance Industry Legislation & Regulation Liability Risk Management California

AI-Powered Home ‘Digital Twins’ Aim to Revolutionize High-Risk Property Insurance

AI-Powered Home ‘Digital Twins’ Aim to Revolutionize High-Risk Property Insurance

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?
October 17, 2025 Catastrophe Property Risk Management Technology California Florida

AI Uncertainty in Insurance: Coverage Gaps, Casualty Risks, and E&S Innovations

AI Uncertainty in Insurance: Coverage Gaps, Casualty Risks, and E&S Innovations

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.
October 16, 2025 Excess & Surplus Lines Insurance Industry Risk Management Technology California

Western Caribbean Faces Heightened Hurricane Risk Through Late October

Western Caribbean Faces Heightened Hurricane Risk Through Late October

CSU researchers forecast above-normal Atlantic hurricane activity for mid to late October, with a focus on the western Caribbean.
October 16, 2025 Catastrophe Property Risk Management Alabama Florida Louisiana Mississippi Texas

Why 2025’s Hurricane Season Has Been Quiet for U.S. Claims, So Far

Why 2025’s Hurricane Season Has Been Quiet for U.S. Claims, So Far

The 2025 season has been quieter than recent years in terms of U.S. landfalls, but meteorologists say storm activity has still been near average. Coastal adjusters should stay alert through season’s end.
October 15, 2025 Catastrophe Insurance Industry Risk Management

Cyberattacks Surge 50% in UK as Big Brands Like Jaguar Land Rover Hit

Cyberattacks Surge 50% in UK as Big Brands Like Jaguar Land Rover Hit

Jaguar Land Rover, Marks & Spencer, and Co-op among top UK firms facing costly cyber incidents, with insurance and supply chain impacts rippling across sectors.
October 14, 2025 Insurance Industry Risk Management Technology

Carriers Losing Agent Trust Over Poor Data and Delays

Carriers Losing Agent Trust Over Poor Data and Delays

Independent agents say poor communication and outdated data are hurting productivity and trust. A new J.D. Power study reveals the breakdown costing insurers business.
October 14, 2025 Insurance Industry Risk Management Technology Underwriting

Nor’easter and Alaska Storm Trigger Claims Risks With Fatalities, Flooding, and Power Outages

Nor’easter and Alaska Storm Trigger Claims Risks With Fatalities, Flooding, and Power Outages

Back-to-back coastal storms disrupt infrastructure and displace residents, with early season indicators of increased catastrophe activity this fall.
October 14, 2025 Catastrophe Insurance Industry Marine Property Risk Management Alaska Massachusetts New Jersey New York North Carolina

Predict and Prevent Strategy Gains Ground as Claims Costs Soar

Predict and Prevent Strategy Gains Ground as Claims Costs Soar

Rising premiums, severe weather, and consumer distrust have pushed the personal lines market to a breaking point. Nationwide outlines how carriers and agents can restore trust through proactive protection.
October 13, 2025 Auto Insurance Industry Legislation & Regulation Property Risk Management

AI Missteps and Vendor Gaps Fuel Cyber Risks Across Sectors, Moody’s Finds

AI Missteps and Vendor Gaps Fuel Cyber Risks Across Sectors, Moody’s Finds

Moody’s 2025 Cyber Survey reveals alarming cybersecurity shortfalls across nearly 2,000 organizations globally, with direct implications for risk management and insurance claims handling.
October 10, 2025 Insurance Industry Legislation & Regulation Risk Management Technology

New Risks for Adjusters: Hempcrete Homes, Mobile Nuclear Reactors, and High-Tech Farms

New Risks for Adjusters: Hempcrete Homes, Mobile Nuclear Reactors, and High-Tech Farms

Biogenic building materials, mobile nuclear reactors, and AI-powered farms introduce new risks and opportunities for claims adjusters.
October 9, 2025 Insurance Industry Property Risk Management Technology Colorado Michigan Texas

Common Claims Handling Mistakes That Cost Insurers Millions

Common Claims Handling Mistakes That Cost Insurers Millions

Industry experts share strategies for improving communication, managing timing, and understanding state-specific laws to reduce claims errors and costs.
October 9, 2025 Education & Training Insurance Industry Risk Management
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